Demand & Growth Drivers - Energy infrastructure sees continued momentum with strong orders in both the first and second half of the year [2] - Data center growth, driven by artificial intelligence, is fueling demand for distributed power generation, particularly for Nova LT turbines (12 MW, 16 MW, and multi-fuel flexible turbines) [2] - The company anticipates accelerating the achievement of $15 billion (15,000 million) in orders within three years [3] - Data center demand represents a significant opportunity for industrial energy technology and synergies with oil field services and equipment, including carbon capture sequestration (CCS) [4] Oil & Gas Market Dynamics - North America activity is impacted by rig efficiency, digital solutions usage, and incremental supply from OPEC plus, leading to rangebound prices [5] - Underlying demand for oil service and equipment is softening due to OPEC adding barrels and US activity slowing [6] - Baker Hughes is focused on margin accretion in the oilfield services and equipment sector [6] International Opportunities - Mexico has an important role to play in energy infrastructure, both from a Mexican and global perspective [8] - Baker Hughes had productive discussions with Mexico regarding how its energy technology can assist in expanding and securing energy, including gas from the United States [8]