CONTINUOUS INNOVATION FOR A CHANGING WORLD
MHI brings more than 130 years of continuous innovation, and employs industry-leading technology to create sustainable solutions in the oil and gas industry to meet these challenges.
As global economies seek to decarbonize, the energy industry will need to embrace change. In this interview, Professor Emmanouil Kakaras of MHPS Europe, explores how hydrogen could provide a unique opportunity for oil and gas companies to expand their business.
It’s all hands on deck in the global effort to reach net-zero CO2 emissions by 2050, and hydrogen is rapidly establishing itself as a key ‘go-to’ fuel for the future. Our new eBook discusses two key roles this powerful renewable energy source can play in the race toward carbon neutrality: enabling greater use of renewable electricity, and decarbonizing hard-to-abate sectors.
The U.S. is entering a “second wave” of new LNG plants, driven by surging global demand, and its impact is being felt within the oil & gas industry throughout the world. Developing these new LNG plants will be very different from the first wave of construction, as players compete for access to the growing global export market.
LNG production and regasification is moving offshore. In a booming market, the appearance of floating gas plants is transforming the supply of, and demand for, natural gas.
Much of the discussion at Gastech 2019 centered on the pivotal role natural gas will play in the energy transition. It can help rapidly cut carbon emissions by replacing fuels like coal in baseload power generation, while supporting the greater rollout of renewables by providing backup capacity to overcome intermittency challenges.
Small and mid-scale LNG operators are innovating to meet the needs of customers who want to buy their LNG on a flexible basis, rather than through long-term contracts. New business models are changing how projects are financed and built.
