Baker Hughes signs new contract with Global Venture LNG

Baker Hughes, an energy technology company, has been awarded a contract by Venture Global LNG to provide a modularised LNG system and power island, it said on October 2.

The contract was awarded under a master equipment supply agreement between Venture Global LNG and Baker Hughes for more than 100mn tonnes/year of production capacity, which was expanded from 70mn tonnes/year and recently announced during Gastech in Singapore. 

The award builds on previous ones from Venture Global to Baker Hughes to provide comprehensive LNG technology solutions for the Calcasieu Pass and Plaquemines LNG projects in Louisiana.

Earlier this year, Venture Global reached a financial close and took a final investment decision on the $7.8bn second phase of its 20mn tonnes/year Plaquemines LNG terminal in Louisiana. The first 10mn tonnes/year phase at Plaquemines was sanctioned in May 2022.

Modularised LNG systems are pre-fabricated and assembled on-site, which can reduce construction time and costs. They are also more flexible and scalable than traditional LNG systems. Power islands provide the electricity and other utilities needed to operate an LNG plant.