(Source: Shutterstock)
Baker Hughes Co. said Jan. 30 it has been awarded a contract to provide a modularized LNG system and power island to support Venture Global LNG’s projects in the U.S.
Baker Hughes also signed a multiyear services agreement to support the first two phases of Venture Global’s Plaquemines LNG project in Louisiana.
“As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.
Baker Hughes has previously provided LNG solutions to the Calcasieu Pass and Plaquemines LNG plants.
In December, Venture Global announced the loading and departure of the first LNG cargo from Plaquemines.
Recommended Reading
Exxon Returns Some Stabroek Acreage to Guyana, Government Says
2025-07-03 - An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.
Banks’ Oil, Gas Price Decks Steady Despite Global Uncertainty
2025-06-27 - Haynes Boone’s annual spring survey of energy lender price decks shows some near-term movement, before settling at fall 2024 survey prices with oil in the mid-$50s through 2034.
IPAA Seeking New CEO as Eshelman to Take New Role
2025-06-12 - IPAA’s chairman Mike Hillebrand told members in an email that the next CEO would be “a visionary, dynamic leader who understands the unique challenges and opportunities facing our diverse membership.”
1Q25 Trend: US Producers Pivot on Market Uncertainty, Cut Capex and Rigs
2025-05-14 - Macro volatility and price uncertainty topped most discussions in first-quarter earnings calls as companies including Diamondback Energy, Occidental Petroleum and Coterra Energy reduce spending and rig counts.
Global Energy Market Balancing, Despite Widespread Volatility
2025-06-04 - Following a series of shocks at the beginning of 2025, investor activity is approaching a more normal level, executives at BOK Financial, EIV Capital and Comerica Bank say.
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.