NextDecade Taps Baker Hughes for Rio Grande LNG Expansion
NextDecade and Baker Hughes signed a deal for the latter to provide its gas turbine and refrigerant compressor technology for the next five trains of Rio Grande LNG.
Baker Hughes, NextDecade sign framework agreement for Rio Grande LNG project
NextDecade is advancing the commercialisation of Rio Grande LNG trains four and five, with construction expected to commence following a positive FID.
Baker Hughes (NasdaqGS:BKR) Teams Up With NextDecade For Gas Tech At Rio Grande LNG Facility
Baker Hughes (NasdaqGS:BKR) experienced a 1.44% decline in share price over the last quarter, a period marked by significant developments. The company's partnership framework with NextDecade Corporation to supply gas turbine and refrigerant compressor technology for the Rio Grande LNG Facility represents a long-term growth avenue.
Baker Hughes to supply expansion trains for Rio Grande LNG
Utilising Baker Hughes’ rotating equipment and their maintenance services is critical to ensuring the Rio Grande LNG Facility operates efficiently and reliably,” said Matt Schatzman, chairman and CEO of NextDecade.
Baker Hughes, NextDecade Enter Framework Agreement for Rio Grande LNG Expansion Trains
Baker Hughes (NASDAQ: BKR), an energy technology company, and NextDecade Corporation (NASDAQ: NEXT) and announced Tuesday that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance work for these Equipment Packages for Trains 4 through 8 at the Rio Grande LNG Facility.
Baker Hughes to supply equipment for NextDecade's Rio Grande LNG expansion trains
Baker Hughes enters a framework agreement with NextDecade to utilize gas turbine and refrigerant compressor technology for Trains 4-8 at the Rio Grande LNG facility.
Baker Hughes Secures Key Role in NextDecade's LNG Expansion Plans
Baker Hughes Company (BKR), a leading energy technology company, and NextDecade Corporation NEXT have strengthened their partnership with a new framework agreement focused on the expansion of the Rio Grande LNG project.
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