Technip has signed a memorandum of understanding (MoU) with GE Oil & Gas to jointly explore and co-develop digital solutions for the LNG industry.
Under the terms of the MoU, the team will assess the potential application of digital solutions to the engineering, construction, commissioning, startup and operation of LNG facilities.
Technip onshore offshore president Nello Uccelletti said: "Together with GE Oil & Gas, we aim to develop digital solutions that create value over the entire life of a project."
As part of the deal, GE will leverage its experience in providing equipment reliability solutions for a number of LNG facilities while Technip will provide its expertise in the engineering, procurement and construction (EPC) phases of LNG and LNG new frontier projects.
Powered by GE-built Predix cloud-based operating system, the solutions being considered will include Technip and GE Oil & Gas expertise in digital tools.
The partners will initially determine the solutions which can be applied to LNG projects as well as for operation and maintenance of LNG facilities.
GE Oil & Gas chief digital officer Matthias Heilmann said: "This marks the next era of digital application development for the oil and gas sector.
"Expanding digital into planning phases will enable operators to optimize machines, facilities and operations from the very start. This will provide tremendous speed in execution, shortening project delivery schedules."
Image: GE and Technip officials during memorandum of understanding signing ceremony. Photo: courtesy of General Electric (GE).