Baker Hughes, Woodside Energy to Develop Power Generation Tech Using Net Power Platform

MT Newswires Live

2025/03/06

Baker Hughes (BKR) and Woodside Energy (WDS) said Thursday they will jointly develop power generation technology using Net Power's (NPWR) platform designed for oil and gas, heavy industries and other smaller-scale applications.

The companies said the Net Power platform uses natural gas to generate power while capturing nearly all carbon dioxide emissions.

Financial terms of the technology development agreement were not disclosed.

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