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Baker Hughes Company (BKR) to Provide Liquefaction Equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 Project in Texas
Yahoo Finance· 2025-10-08 14:13
Core Insights - Baker Hughes Company (NASDAQ:BKR) is recognized as one of the safest stocks to invest in, driven by significant hedge fund interest and strong return on equity [1][4]. Group 1: Project Announcement - Baker Hughes will provide liquefaction equipment for Sempra Infrastructure's Port Arthur LNG Phase 2 project in Texas, with a nameplate capacity of approximately 13 million tons annually [2]. - The company will supply two LNG trains equipped with four Frame 7 gas turbines and eight centrifugal compressors, along with two electric motor-driven compressors for booster service [2]. Group 2: Partnership and Technology - The contract extends Baker Hughes' partnership with Bechtel Energy to enhance Gulf Coast LNG infrastructure, building on previous participation in Phase 1 [3]. - The technology used in the project is designed to maintain high availability and lower emissions, addressing the growing global demand for LNG while improving operational flexibility and efficiency [3].