financetom
Business
financetom
/
Business
/
Baker Hughes Partners With Hanwha on Small-Size Ammonia Turbine for Maritime Decarbonization
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Baker Hughes Partners With Hanwha on Small-Size Ammonia Turbine for Maritime Decarbonization
Feb 3, 2025 1:52 AM

04:21 AM EST, 02/03/2025 (MT Newswires) -- Baker Hughes ( BKR ) , Hanwha Power Systems and Hanwha Ocean said Monday that they have signed a joint agreement to develop and collaborate on a small-size turbine designed for ammonia applications.

The companies said the turbine will combine Baker Hughes' ( BKR ) small-size gas turbine technology with Hanwha's ammonia combustion system.

Hanwha Ocean, a South Korean shipbuilder, will be the primary beneficiary of the agreement, using the turbine as a propulsion system in future vessels to drive maritime decarbonization.

Hanwha has already tested an ammonia combustor, and Baker Hughes ( BKR ) completed initial feasibility studies in 2024, the companies said.

They added that the two companies aim to complete full engine testing with ammonia by the end of 2027, after which the turbine will be available for commercial orders.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Form 8.3 - VERITION FUND MANAGEMENT LLC - FORM 8.3 - BAKKAVOR GROUP PLC
Form 8.3 - VERITION FUND MANAGEMENT LLC - FORM 8.3 - BAKKAVOR GROUP PLC
Oct 30, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Verition Fund Management LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Form 8.3 - INTERNATIONAL PERSONAL FINANCE PLC
Form 8.3 - INTERNATIONAL PERSONAL FINANCE PLC
Oct 30, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Verition Fund Management LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Form 8.3 - Spectris plc
Form 8.3 - Spectris plc
Oct 30, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Kite Lake Capital Management (UK) LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming...
Form 8.3 - SPECTRIS PLC
Form 8.3 - SPECTRIS PLC
Oct 30, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Verition Fund Management LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Copyright 2023-2026 - www.financetom.com All Rights Reserved