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Baker Hughes Secures Gas Technology Orders for Venture Global’s US LNG Projects


Baker Hughes, an energy technology company, has been awarded a contract to provide modularized LNG systems and power islands to support Venture Global’s (VG) LNG projects in the US. Additionally, Baker Hughes has signed a multi-year services frame agreement for maintenance, inspection, repairs, and engineering services to support phases 1 and 2 of VG’s Plaquemines LNG project in Louisiana. Lorenzo Simonelli, Chairman and CEO of Baker Hughes, emphasized the importance of LNG in meeting rising power demand and highlighted the collaboration with VG as an example of leveraging technology for efficient natural gas operations. Mike Sabel, CEO of VG, expressed the company’s trust in Baker Hughes in delivering a secure energy supply.

Recently, VG announced the loading and departure of the first LNG cargo produced from its Plaquemines LNG facility after reaching first LNG production. The partnership between Baker Hughes and VG signifies a milestone in providing reliable and sustainable energy solutions. Both companies are focused on meeting the growing demand for LNG efficiently and collaboratively. The announcement of the contract and services agreements in the 4Q24 demonstrates a commitment to advancing LNG technology and supporting sustainable development. This partnership showcases the importance of collaboration in the energy industry to deliver reliable and efficient natural gas operations.

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