Baker Hughes Secures Major Order for Venture Global’s CP2 LNG Project, expanding the companies’ collaboration on one of Louisiana’s major LNG developments. The order includes advanced liquefaction and compression technologies that will support CP2 LNG’s production capacity while helping strengthen U.S. LNG supply and meet growing global energy demand.
Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a major order, booked in the second quarter, from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana.
The award builds on the companies’ established master equipment supply agreement, and the scope includes six liquefaction blocks for a total of 12 liquefaction modules. Each block is based on two single mixed-refrigerant (SMR) liquefaction modules and related compression trains featuring Baker Hughes’ advanced centrifugal compressor technology, as well as cold boxes, air coolers and integrated control systems.
“Baker Hughes has been a trusted partner across our LNG developments, and we are pleased to extend this collaboration as we advance the next phase of CP2,” said Mike Sabel, CEO of Venture Global.
“We are proud to continue providing the critical LNG technologies that enable Venture Global to deliver reliable, affordable and flexible energy needed to meet growing global demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Our continued collaboration reflects the strength of our partnership and our shared commitment to scaling modular LNG solutions that accelerate U.S. supply and support global energy security.”
Baker Hughes serves as a strategic supplier to Venture Global across more than 100 million tonnes per annum of existing and planned production capacity, contributing comprehensive LNG systems to the Calcasieu Pass and Plaquemines LNG facilities.
Summary
Baker Hughes Secures Major Order for Venture Global’s CP2 LNG Project, strengthening the companies’ ongoing partnership and supporting the expansion of U.S. LNG production. The order includes six liquefaction blocks comprising 12 modules, along with advanced compression technology, cold boxes, air coolers and integrated control systems. The project will help Venture Global expand LNG capacity while supporting reliable energy supplies and growing global demand.
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Source: Baker Hughes
