Venture Global Partners with Baker Hughes for LNG Projects in the U.S.
U.S. liquefied natural gas (LNG) export project developer Venture Global has placed an order with energy company Baker Hughes for equipment for its LNG projects in the United States. The duo has also signed a multi-year services frame agreement for the former’s LNG terminal in Louisiana.
According to the energy player, the equipment order entails the provision of power island and liquefaction train systems for Venture Global’s LNG projects in the United States.
Additionally, the services agreement includes maintenance, inspection, repairs, and engineering services, to support phases 1 and 2 of the Plaquemines LNG project in Louisiana. Both deals were secured in Q4 2024.
“We have been a trusted partner in natural gas operations for more than 30 years, and our collaboration with Venture Global is a key example of what our industry needs more of today: businesses coming together to leverage best-in-class technologies and services that can deliver reliable and efficient natural gas operations to support sustainable energy development,” noted Lorenzo Simonelli, Chairman and CEO of Baker Hughes.
Alongside Plaquemines, Baker Hughes has already provided LNG solutions for the Calcasieu Pass terminal, which started production in 2022. Once complete, the plant in Cameron Parish, Louisiana is expected to export at least 10 million tonnes per annum (mtpa) of LNG.
A year later, the duo executed an expanded master equipment supply agreement aiming to support Venture LNG’s long-term expansion plan to increase production from 70 mtpa to more than 100 mtpa of nameplate LNG export capacity.
More recently, Plaquemines kicked off production at Plaquemines, with the first LNG cargo departing for Germany at the end of December.
Once fully operational, Plaquemines LNG stands to be among the largest facilities in the world, featuring 36 electrically-driven 0.626 mtpa liquefaction trains, configured in eighteen blocks, for a total of 20 mtpa nameplate capacity.