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.
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