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Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project
BKRBaker Hughes(BKR) GlobeNewswire·2025-02-03 07:15

Core Insights - Argent LNG has selected Baker Hughes as the liquefaction solution provider for its LNG export facility in Port Fourchon, Louisiana, targeting a production capacity of approximately 24 million tonnes per annum (MTPA) [1][9] - The project will utilize Baker Hughes' advanced technologies, including the NMBL™ modularized LNG solution and LM9000 gas turbine, to ensure scalable and reliable LNG production [2][9] - Phase 1 construction is expected to begin in 2026, with commercial operations anticipated by 2030, while Phase 2 aims to expand capacity and is progressing through critical milestones [4] Company Overview - Baker Hughes is an energy technology company with over a century of experience, providing innovative solutions to energy and industrial customers globally [6] - Argent LNG is a privately held energy company focused on developing LNG export solutions to meet the rising global demand for clean energy, emphasizing cost-effective and sustainable energy solutions [7] Strategic Collaboration - The collaboration between Argent LNG and Baker Hughes highlights a commitment to technical excellence, cost-effective execution, and energy security, enhancing the project's bankability [4] - Baker Hughes expects to receive orders related to this agreement as the Argent LNG project progresses towards its Final Investment Decision [5]