tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Baker Hughes secures additional order for Rio Grande LNG expansion

Baker Hughes (BKR) announced Thursday an award from engineering company Bechtel Energy to supply primary liquefaction equipment for Train 5 of NextDecade’s Rio Grande LNG Facility in the Port of Brownsville, Texas. The award follows a recent order for Train 4 and is part of a previously established framework agreement covering a variety of Baker Hughes equipment and associated contractual services for Trains 4 through 8. “Securing this order for the fifth train of the Rio Grande LNG project underscores the confidence in our proven technology and the dedication of our teams,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “We are pleased to extend our collaboration with Bechtel and NextDecade, providing efficient and reliable technology solutions for LNG infrastructure that is critical to sustainable energy development.”

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1