OTC 2024: Baker Hughes, CGG consider CCS collaboration

May 8, 2024
CGG and Baker Hughes have signed a memorandum of understanding to investigate collaborative solutions for carbon capture and storage (CCS).

Offshore staff

HOUSTON CGG and Baker Hughes have signed a memorandum of understanding at the Offshore Technology Conference (OTC) to investigate collaborative solutions for carbon capture and storage (CCS).

Their proposed commercial alliance would support this growing industry through providing integrated end-to-end solutions for screening, selection, characterization and monitoring of potential carbon storage sites worldwide.

“The combination of Baker Hughes and CGG subsurface and surface capabilities will provide our customers in CCS an unmatched support to de-risk technical and economic challenges from strategy to CO2 storage site construction, and lifetime monitoring,” said Ahmed Eldemerdash, vice president of Oilfield Services and Equipment, New Energies at Baker Hughes. “This alliance brings to bear fully complimentary skillsets throughout the CCS value chain.”

05.08.2024