Baker Hughes announce Collaboration on Global Hydrogen Projects

Air Products , a global leader in industrial gases and megaproject development, and Baker Hughes (NYSE: BKR), a world leader in advanced hydrogen compression and gas turbine technology, have announced a strategic global collaboration to develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel.

As part of the collaboration, Baker Hughes will provide Air Products with advanced hydrogen compression and gas turbine technology for global projects, including NovaLT16 turbines for Air Products’ net-zero hydrogen energy complex in Edmonton, Alberta, Canada and advanced compression technology for the NEOM carbon-free hydrogen project in the Kingdom of Saudi Arabia.

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