Baker Hughes Awarded Major Contract for LNG System, Power Island

Baker Hughes Awarded Major Contract for LNG System, Power Island
Image courtesy of Baker Hughes; Baker Hughes hardhat close up

Baker Hughes, an international energy technology company, announced that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system and power island.

The contract, which is expected to be booked in the third quarter of 2023, is part of a master equipment supply agreement between Venture Global LNG and Baker Hughes. This agreement covers more than 100 million tons per annum (mtpa) of production capacity, which has been expanded from 70 mtpa.

The award builds on previous ones from Venture Global to Baker Hughes to provide comprehensive LNG technology solutions for the Calcasieu Pass and Plaquemines LNG projects in Louisiana.

“We are excited to add another milestone in our successful collaboration with Baker Hughes as a strategic LNG technology supplier, building on the expansion of our agreement,” said Mike Sabel, CEO of Venture Global. “To enable a successful transition to more secure and sustainable economies, it is critical that we continue to further our mission of delivering low-cost LNG at a larger scale. We are grateful for our continued partnership with Baker Hughes, a world leader in energy technology, and look forward to building on our successful collaboration in our upcoming projects,” Sabel added.

“We have been a trusted partner in natural gas operations for more than 30 years and have been able to bring that depth of experience into the recent LNG market upturn. This further expansion of our collaboration with Venture Global reaffirms that Baker Hughes technologies are advancing the efficient use of natural gas, and we are honored to continue to support their projects,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

“The continuing demand for LNG emphasizes the pivotal role that natural gas will play in the energy transition, helping to secure supply and to reach net-zero emissions,” Simonelli continued.“The continuing demand for LNG emphasizes the pivotal role that natural gas will play in the energy transition, helping to secure supply and to reach net-zero emissions,” Simonelli continued.

Avatar photo

Doaa Ashraf 483 Posts

Doaa is a staff writer with a Bachelor's Degree in Mass Communication, majoring Journalism from Ahram Canadian University. She has 2-3 years of experience in copywriting, and content creation.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password