Baker Hughes wins additional turbomachinery order for Louisiana LNG project
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Baker Hughes (NASDAQ:BKR) says it was awarded a "major" contract and granted notice to proceed by Venture Global LNG to provide a liquefied natural gas system for Phase 1 of the Plaquemines LNG project in Louisiana.
The order builds on a Q4 2021 award for Baker Hughes to provide power generation and electrical distribution equipment for the comprehensive power island system of the Plaquemines LNG project.
The contract is part of a master equipment supply agreement between Venture Global LNG and Baker Hughes for 70M tons/year of production capacity; first equipment deliveries for Plaquemines LNG are expected to begin in H1 2023.
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