08:23 AM EST, 03/06/2025 (MT Newswires) -- 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 ( NPWR ) platform uses natural gas to generate power while capturing nearly all carbon dioxide emissions.

Financial terms of the technology development agreement were not disclosed.