Baker Hughes, has announced a major contract to provide a modularised liquefied natural gas system and power island for Venture Global LNG. The contract is part of a master equipment supply agreement between the two companies, which has been expanded to cover more than 100 million tonnes per annum of production capacity. This follows previous awards from Venture Global to Baker Hughes for LNG technology solutions in Louisiana.
Mike Sabel, CEO of Venture Global, expressed excitement about the collaboration and the mission to deliver low-cost LNG at a larger scale. He emphasised the importance of secure and sustainable economies and thanked Baker Hughes for their partnership.
Lorenzo Simonelli, chairman and CEO of Baker Hughes, highlighted the company’s expertise in natural gas operations and its commitment to advancing the efficient use of natural gas. He acknowledged the increasing demand for LNG and its role in the energy transition towards achieving net-zero emissions.
This contract further solidifies the partnership between Baker Hughes and Venture Global and reinforces Baker Hughes’ position as a leader in energy technology.
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