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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The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.
US energy services firm Baker Hughes said it had signed two strategic agreements to accelerate the revitalization of Venezuela’s energy infrastructure across the natural gas value chain and expansion of the country’s energy production.
US LNG exporter Venture Global LNG has awarded more contracts to compatriot energy services firm Baker Hughes as it expands its liquefaction capacity in the US.
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.