US energy services firm Baker Hughes booked around $1.7 billion of orders for US LNG projects over the past two quarters. According to CEO Lorenzo Simonelli, Baker Hughes continues to “feel good” about the LNG outlook.
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US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Glenfarne’s Magnolia LNG has signed a long-term feed gas deal with Texas Eastern Transmission for its planned liquefaction and export plant in Louisiana.
US LNG developer NextDecade has signed a reservation agreement with compatriot Baker Hughes to secure main refrigeration compressors for the planned sixth liquefaction train at its Rio Grande LNG terminal in the Port of Brownsville, Texas, according to Matt Schatzman, NextDecade chairman and CEO.
US energy services firm Baker Hughes booked $2.9 billion of LNG equipment orders in the first half of this year, already exceeding the full-year total from last year, according to CEO Lorenzo Simonelli.
US energy services firm Baker Hughes said it had secured a “major” order from compatriot LNG exporter Venture Global LNG to provide a liquefaction solution for its CP2 LNG expansion project in Louisiana.
US energy services firm Baker Hughes has completed its previously announced $13.6 billion acquisition of compatriot LNG equipment maker Chart Industries.