Venture Global, Baker Hughes Collaborates on US LNG Projects

SEATTLE (Oil Monster): Venture Global has said that it will continue to work with energy giant Baker Hughes by entering into agreements to acquire infrastructure and equipment for its LNG projects in the United States.

In order to supply power island and liquefaction train systems for the company's U.S. projects, Venture Global has placed an agreement with Baker Hughes. A long-term services framework agreement for its Louisiana LNG project has also been signed. The contract includes engineering, maintenance, inspection, and repair services for Phases 1 and 2 of the Plaquemines LNG project in Louisiana.

Both the above deals were finalized during the final quarter last year.

The partnership with Venture Global, according to Lorenzo Simonelli, Chairman and CEO of Baker Hughes, highlights the necessity for companies in the sector to band together in order to take advantage of best-in-class services and technology to promote the development of sustainable energy.

By the end of 2024, the Plaquemines LNG project anticipates shipping its first shipment of LNG to Germany. Plaquemines LNG will rank among the largest facilities in the world when it is fully operational, with a nameplate capacity of 20 mtpa propelled by 36 electrically-driven liquefaction trains.