GE and Technip sign digital solutions MoU for LNG industry

The solutions would be powered by Predix, the world’s first and only cloud-based operating system built exclusively for industry

GE Oil & Gas and Technip have signed a Memorandum of Understanding to co-develop digital solutions for the Liquefied Natural Gas industry, with a particular focus on the design and build phase of new LNG projects.

The companies will work together to evaluate the application of digital solutions to the engineering, construction, commissioning, startup and operation of LNG facilities. The 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.

Rod Christie, president and chief executive – Turbomachinery Solutions at GE Oil & Gas, said: “This partnership is a milestone for the oil and gas industry’s digital journey. “Combining our complementary areas of expertise allows us to explore new digital capabilities for LNG that can be applied from the design and build phases all the way through to the operational phases. By embedding digital thinking at the very beginning of project development, we are truly building the digital future of oil and gas.”

GE’s chief digital officer, Matthias Heilmann, added: “This marks the next era of digital application development for the oil and gas sector. While we’re seeing digital solutions grow in operations, digitising the design and build phases of projects will unleash an entirely new set of opportunities.

“Expanding digital into planning phases will enable operators to optimise machines, facilities and operations from the very start. This will provide tremendous speed in execution, shortening project delivery schedules.”

The volume of LNG traded globally is expected to double by 2035.