
(Source: NextDecade)
NextDecade (NEXT) and Baker Hughes (BKR) announced an agreement for BKR to supply gas turbine and refrigerant compression for NextDecade’s Trains 4 through 8 at Rio Grande LNG.
Baker Hughes was also contracted to maintain the equipment at Rio Grande. NextDecade is working toward a final investment decision on Trains 4 and 5 at the Brownsville, Texas, facility. The company is developing the remaining trains and said in February it had started the permitting process for an expansion.
Financial terms were not disclosed as the orders are still being determined, according to a March 11 press release.
Rio Grande LNG’s Trains 1 through 3 are under construction, with LNG production expected by 2027.
“Utilizing Baker Hughes’ industry-leading rotating equipment and their maintenance services is critical to ensuring the Rio Grande LNG Facility operates efficiently and reliably,” Matt Schatzman, chairman and CEO of NextDecade, said in the press release.
RELATED
Recommended Reading
Will TG Natural Resources Be the Next Haynesville M&A Buyer?
2025-03-22 - TG Natural Resources, majority owned by Tokyo Gas, is looking to add Haynesville locations as inventory grows scarce, CEO Craig Jarchow said.
Oxy, Looking to Cut Debt, Sells D-J Minerals to Elk for $905MM
2025-03-21 - Elk Range Royalties bought 250,000 net royalty acres in the Denver-Julesburg Basin for $905 million from Occidental Petroleum, which is looking to shed debt after last year's acquisition of CrownRock.
UK Gas Producer Energean Terminates Carlyle Deal Over Approval Delays
2025-03-21 - The company said that the two parties were unable to agree on an extension of the long-stop date beyond March 20 to meet the conditions of the agreement.
Voyager Midstream Closes on Panola Pipeline Interest Deal
2025-03-19 - Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline.
Vitol Boosts Upstream Presence in West Africa with $1.65B Deal
2025-03-19 - Vitol is acquiring oil and gas E&P assets in Cote d’Ivoire and the Republic of Congo from Eni for $1.65 billion.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.