Baker Hughes inks supply deal to support US LNG projects

30/01/2025 Argaam

Oilfield services provider Baker Hughes signed an agreement with Venture Global to support its liquefied natural gas (LNG) projects in the United States with technology and equipment.

 

The company has also signed a services frame agreement to support phase 1 and 2 of the Venture Global's Plaquemines LNG project in Louisiana, according to a statement today.

 

"As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand," said Baker Hughes CEO Lorenzo Simonelli.

 

As Big Tech pours billions of dollars into AI technology, the demand for electricity to feed power-hungry data centers has grown, and so has demand for LNG.

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