
Baker Hughes Co. (BKR) announced on Thursday that it has signed a contract with Bechtel Energy to supply primary liquefaction equipment for Train 5 of the Rio Grande LNG Facility in Texas.
A train consists of various components to process, purify, and convert natural gas to liquefied natural gas (LNG).
The Train 5 package will feature two Frame 7 gas turbines and six centrifugal compressors, and low-emission technologies. These systems will help add about 6 million tonnes per annum (MTPA) of LNG capacity to the facility.
The award follows an order for Train 4 in September and is part of a broader framework covering Trains 4 through 8, the company said.
Additionally, Baker Hughes has also provided its Cordant Asset Health solution across Trains 1 to 3. The platform will improve equipment monitoring, failure diagnostics, and cloud-based visualization of vibration data.
Baker Hughes shares were up 1% in premarket trade.
Get updates to this developing story directly on <Stocktwits<.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.