Core Insights - Baker Hughes has received an award from Frontier Infrastructure Holdings for 16 NovaLT™ gas turbines to provide up to 270 megawatts of power for data center projects in Wyoming and Texas [1][5] - This order is part of a broader collaboration aimed at accelerating carbon capture and storage solutions in the U.S., building on a previous agreement from March 2025 [2][5] - The NovaLT™ gas turbine technology offers a multi-fuel solution, capable of operating on natural gas, hydrogen blends, and 100% hydrogen, enhancing flexibility for customers [3] Company Overview - Baker Hughes is an energy technology company with a century of experience, operating in over 120 countries, focusing on making energy safer, cleaner, and more efficient [4]

Core Viewpoint - Indonesia Energy Corporation (IEC) is committed to evolving its corporate vision to support Indonesia's energy development and sustainable growth, recognizing the need to expand beyond traditional hydrocarbons [2][4][9]. Company Strategy - IEC aims to deliver energy security through oil and gas exploration while evolving its definition of energy to include sustainable and interconnected sectors [3][4]. - The company plans to focus on three main goals: supporting Indonesia's future, efficiently developing its oil and gas assets, and exploring investments in the country's infrastructure [10][14]. Market Context - Indonesia, with a population exceeding 280 million and a growing economy, is on a trajectory to become one of the world's top five economies by 2045, driven by energy, technology, and food security [5][6]. - The government’s "Golden Indonesia 2045" vision emphasizes the importance of energy in achieving economic success [6]. Operational Highlights - IEC has reported a significant increase in proved reserves, approximately 60% in the Kruh Block, and is preparing for drilling operations in the Citarum Block, which has potential billion-barrel equivalent reserves [11].