This award builds on the expanded master equipment agreement Baker Hughes and Venture Global recently announced for more than 100 million tonnes per annum. (Source: Shutterstock)
Baker Hughes announced Oct. 2 it has been awarded a major contract by Venture Global LNG under a master equipment supply agreement for the provision of a modularized LNG system and power island.
The contract builds on Baker Hughes’ previous contracts with Venture Global for LNG technology solutions for Venture Global’s Calcasieu Pass and Plaquemines LNG projects in Louisiana.
The contract, to be booked in third quarter 2023, was awarded under a master equipment supply agreement between the two companies for more than 100 million tonnes per annum of production capacity.
Recommended Reading
Aethon Dishes on Western Haynesville Costs as Gas Output Roars On
2025-01-22 - Aethon Energy’s western Haynesville gas wells produced nearly 34 Bcf in the first 11 months of 2024, according to the latest Texas Railroad Commission data.
Operators Look to the Haynesville on Forecasts for Another 30 Bcf/d in NatGas Demand
2025-03-01 - Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
2025-02-21 - Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.
Antero Stock Up 90% YoY as NatGas, NGL Markets Improve
2025-02-14 - As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.
BP’s Eagle Ford Refracs Delivering EUR Uplift, ‘Triple-Digit’ Returns
2025-02-14 - BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray Auchincloss told investors in fourth-quarter earnings.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.