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Baker Hughes expects pace of LNG FIDs to pick up in 2025, CEO says

By LNG Prime Staff
Baker Hughes expects pace of LNG FIDs to pick up in 2025, CEO says
Lorenzo Simonelli (Image: Baker Hughes)

US energy services firm Baker Hughes expects the pace of LNG FIDs to pick up in 2025, according to CEO Lorenzo Simonelli. Baker Hughes booked a record $5.6 billion of LNG equipment orders in 2023 and $3.5 billion in 2022. The company booked only $700 million of LNG equipment orders so far in 2024, as near-term project FID…

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