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Baker Hughes Awarded Long-Term Service Agreement by bp for Tangguh LNG Operations, Supporting Indonesia's Energy Future
Globenewswireยท 2025-08-26 11:00
Core Insights - Baker Hughes has secured a long-term service agreement with bp for the Tangguh LNG plant in Papua Barat, Indonesia, lasting 90 months, which includes spare parts, repair services, and engineering support for critical turbomachinery [1][5] - This agreement builds on a partnership that dates back to 2009, highlighting Baker Hughes' ongoing role in supporting bp's energy projects [2] - The Tangguh LNG facility is crucial for Indonesia's energy strategy and the Asia-Pacific region's energy supply, with Baker Hughes' support ensuring the reliability of essential turbomachinery [3] Company and Industry Summary - The agreement emphasizes Baker Hughes' commitment to advancing energy development in Indonesia and its strategic focus on LNG equipment asset management services [4][5] - Baker Hughes is collaborating with local partner PT Imeco Inter Sarana to meet local content requirements, showcasing its dedication to local engagement [4] - The company aims to expand its service capabilities in the Asia-Pacific region to address growing energy demands and transition needs [5]