Baker Hughes(BKR) Newsfilter·2025-01-30 13:00Core Insights - Baker Hughes has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system and power island for Venture Global LNG projects in the United States [1] - A multi-year services frame agreement has been signed to support phases 1 and 2 of Venture Global's Plaquemines LNG project in Louisiana [1] - The equipment order and services agreement were secured in the fourth quarter of 2024 [1] Company and Industry Overview - Baker Hughes has over 30 years of experience as a trusted partner in natural gas operations, emphasizing the importance of collaboration in leveraging technologies for sustainable energy development [2] - The company is a strategic LNG technology supplier to Venture Global, supporting over 100 million tons per annum (MTPA) of production capacity [3] - Venture Global has successfully loaded and departed the first LNG cargo from its Plaquemines LNG facility, marking a significant milestone in its operations [3]