French oil giant Total and Siemens Energy signed an agreement to study sustainable solutions for carbon emissions reduction, Total said in a statement on Tuesday.
The collaboration will focus on natural gas liquefaction facilities and associated power generation, the company said.
The companies will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas turbines, competitive all-electrical liquefaction, optimized power generation, the integration of renewable energy in liquefaction plants’ power system and efficiency enhancements.
“This collaboration with Siemens Energy, a major player in the energy technology sector, brings many opportunities to further reduce the carbon footprint of our activities, especially in our strategic LNG business,” Arnaud Breuillac, head of exploration and production at Total, was quoted as saying in the statement.
Breuillac said the development of low-carbon LNG would contribute to meeting the growth in global energy demand while reducing the carbon intensity of the energy products consumed.
“We are pleased to partner with Total as one of the main players in the LNG value chain to explore how we can competitively reduce the carbon footprint of brownfield and greenfield LNG projects,” he said.
“The agreement is a next step, following our announcement last June to collaborate together and conduct studies exploring possible liquefaction and power generation plant designs to help decarbonize the production of LNG,” said Thorbjorn Fors, executive vice president of the industrial applications division at Siemens Energy.
Total is the world's second-largest, privately-owned LNG player, with a global portfolio of nearly 50 million tons per annum by 2025 and a global market share of around 10%.
By Sibel Morrow