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Baker Hughes Secures Argentina Gas Compression Order for Vaca Muerta Pipeline Project

Apr 07, 2026 11:23 UTC
BKR, XLE, NG=F
Medium term

Baker Hughes has won a contract to supply gas compression units for a major natural gas pipeline project in Argentina. The deal involves supplying equipment and services for a project transporting gas from the Vaca Muerta formation.

  • Baker Hughes (BKR) has secured a contract to supply gas compression equipment for a pipeline project in Argentina.
  • The order includes three NovaLT16 gas turbines and centrifugal compressors, along with commissioning services and remote monitoring.
  • The project will transport natural gas from the Vaca Muerta formation to the Gulf of San Matías via a dedicated pipeline.
  • The infrastructure will supply feed gas to floating LNG vessels operated by Southern Energy, improving regional access to global LNG markets.
  • This is the first deployment of Baker Hughes' NovaLT gas turbine technology in South America.
  • Baker Hughes shares rose 0.53% to $60.70 on Monday.

Baker Hughes Company (BKR) has secured a strategic order from San Matias Pipeline S.A. to supply gas compression equipment for a significant natural gas pipeline project in Argentina. The contract includes three NovaLT16 gas turbines paired with centrifugal compressors, along with commissioning services, spare parts, specialized tools, and remote monitoring and diagnostic capabilities. The equipment will be installed at a compressor station near Allen in Río Negro province. The project aims to transport natural gas from Argentina's Vaca Muerta formation to the Gulf of San Matías via a dedicated pipeline. This infrastructure will supply feed gas to floating LNG vessels operated by Southern Energy, enhancing the region's access to global liquefied natural gas markets. The contract marks the first deployment of Baker Hughes' NovaLT gas turbine technology in South America. Maria Claudia Borras, Baker Hughes' Chief Growth & Experience Officer and interim Executive Vice President of Industrial & Energy Technology, emphasized the importance of supporting critical gas infrastructure to enable secure, reliable, and lower-emission energy systems as the company expands its presence in Latin America. Baker Hughes shares closed at $60.70 on Monday, up 0.53%.

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