Baker Hughes, LNG and 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
Baker Hughes was also contracted to maintain the equipment at Rio Grande. NextDecade is working toward a final investment decision on Trains 4 and 5 at the Brownsville, Texas, facility. The company is developing the remaining trains and said in February it had started the permitting process for an expansion.
U.S. oilfield technology firm Baker Hughes said on Monday it has appointed insider Ahmed Moghal as its chief financial officer, effective immediately.
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NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) and Baker Hughes (NASDAQ: BKR) announced today that they have entered into a framework agreement whereby NextDecade plans to utilize ...
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