Energy technology company, Baker Hughes, and Malaysian oil and gas company, Petroliam Nasional Berhad (PETRONAS), have signed a memorandum of understanding (MoU) to explore a strategic partnership to transform Asia's energy expansion and transition
The MoU will advance local supply chain capabilities for an effective LNG services footprint that will involve cross-border upskilling programmes for coordinated field operations. It will also cover exploration & production, chemicals and mature assets solutions, alongwith digital and artificial intelligence services. Sustainable energy solutions including carbon capture, utilisation and storage (CCUS), as well as lubricants and biofuels for turbomachinery supply chain will be covered as well.
These broad-ranged services have driven Baker Hughes to develop a full aeroderivative gas turbine module repair services facility in Malaysia, which will see disassembly, assembling, grinding and testing capabilities. The facility will see an installed base of more than 160 gas turbines, enabling customers to access expanded energy services.
“It is critically important to grow alongside our customers in Asia-Pacific, including PETRONAS, as we work toward our shared goal of sustainable energy development to provide for a world that needs more reliable, secure and lower-carbon energy,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “We look forward to working alongside PETRONAS, as well as other local partners, to realize this additional localization effort to help ensure energy is available today and in the future.”
PETRONAS Senior Vice President of Projects, Technology & Health, Safety, Security & Environment (PT&HSSE) Ir. Ts. Mohd Yusri Mohamed Yusof said, “Our extended strategic partnership with Baker Hughes is poised to drive excellence in project delivery, decarbonisation, supply chain resilience, and technology adoption. It signifies what’s possible when two industry leaders unite to foster innovation ecosystems and shape the future of energy. Furthermore, the setting up of an enhanced aeroderivative facility here is a positive development towards the region’s cleaner energy pursuit, underlining the strong partnerships needed to deliver Asia’s energy transition.”
