Energy technology company, Baker Hughes, has been awarded a contract to provide a modularized LNG system and power island for Venture Global’s LNG projects in the US. The company has also signed a multi-year services frame agreement to support phases 1 and 2 of VG’s Plaquemines LNG project in Louisiana. These agreements were secured in the fourth quarter of 2024. Lorenzo Simonelli, Chairman and CEO of Baker Hughes, highlighted the critical role of LNG in meeting rising power demand and emphasized the importance of collaboration in delivering reliable and efficient natural gas operations. Mike Sabel, CEO of VG, expressed his satisfaction with the partnership and noted the recent milestone of the first LNG cargo produced from the Plaquemines LNG facility.
The announcement comes at a time when the demand for natural gas is increasing, and companies like Baker Hughes are playing a crucial role in meeting this demand. By providing advanced technologies and services, Baker Hughes and VG are working together to ensure a sustainable and reliable energy supply to the world. The loading and departure of the first LNG cargo from VG’s facility marks a significant achievement in their partnership. This collaboration sets an example of businesses leveraging technologies to support sustainable development and meet the growing energy needs of the future. Readers can access the full article online for more information on Baker Hughes’ gas technology orders for Venture Global’s US LNG projects.
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