Bently Nevada awarded Korea Gas contract
06/06/2022
Bently Nevada, a Baker Hughes business, has announced a three-year contract with Korea Gas Technology Corporation (KOGAS-Tech) to deliver a monitoring system that will improve operational efficiencies for its hydrogen refuelling station. This follows a Memorandum of Understanding (MoU) signed in July 2021 for collaboration on hydrogen technologies.
A global leader in critical asset health monitoring, analytics and data protection for industrial customers worldwide, Bently Nevada will develop a fault analysis system for KOGAS-Tech’s hydrogen refuelling station and offer a holistic suite of monitoring and protection services over the duration of the contract.
This project paves the way for future collaboration between both companies to accelerate hydrogen deployment as an alternative source of energy in the country. South Korea’s Hydrogen Economy Roadmap aims to produce 6.2 million fuel cell electric vehicles, with ambitions to roll out 1200 hydrogen refilling stations by 2040.
“KOGAS-Tech is making a leap forward from being focused on natural gas to becoming a hydrogen-based eco-friendly company. We are making this strategic shift in line with South Korea’s vision to become a leading country in the global hydrogen economy. Bently Nevada’s expertise in intelligent and reliable monitoring systems will allow us to make the delivery of a clean and safe source of alternative energy for Koreans everywhere a reality,” said Yong-Don Cho, President and CEO of KOGAS-Tech.
The work will be carried out by Bently Nevada’s local service team, part of Baker Hughes’ 120 local staff based in South Korea.
“With more than 60 years of experience developing condition monitoring solutions, Bently Nevada is well positioned to help KOGAS-Tech implement predictive and proactive maintenance of its equipment. This will help to identify problems long before equipment damage or failure occurs,” said Susan Ji, Country Manager for Baker Hughes Korea. “We are honoured to play a part in helping South Korea advance its energy transition and look forward to many more such partnerships in the future.”
Currently, Baker Hughes’ advanced technologies serve the entire hydrogen value chain, from production to transportation and utilisation. Its portfolio includes advanced compressors, gas turbines, valves, centrifugal pumps, non-metallic pipes, hydrogen sensors, monitoring and diagnostics, including inspection solutions for hydrogen embrittlement in production and storage, as well as clean, integrated power solutions to produce power with hydrogen and hydrogen blends.
