GE Oil & Gas and Technip have recently signed a Memorandum of Understanding (MoU) for a joint project to explore areas to co-develop digital solutions for the LNG industry, with a particular focus on the design and build phase of new Liquefied Natural Gas (LNG) projects.
The two companies, which have several operations in North and South America, and globally, will work together to evaluate the application of digital solutions to the engineering, construction, commissioning, startup and operation of LNG facilities. All solutions under consideration would encompass Technip and GE Oil & Gas expertise in digital tools and be powered by Predix, the world’s first and only cloud-based operating system built exclusively for industry by GE.
This is the first digital collaboration between the world’s first digital industrial company and a leading integrated services and equipment company to explore areas to develop Predix-based solutions. GE has a strong track record in providing equipment reliability solutions for a number of LNG facilities around the world, through sensors, advanced analytics and diagnostic expertise. Technip brings its unique expertise in the engineering, procurement and construction (EPC) phases of LNG and LNG new frontier projects.