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Baker Hughes and Venture Global Advance Next Phase of U.S. Gas Infrastructure Growth

New pipeline and liquefaction equipment orders deepen Baker Hughes’ role in Venture Global’s expanding U.S. LNG infrastructure.

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Baker Hughes (BKR) received substantial orders from Venture Global LNG to supply gas compression systems for the Cloud Connector Pipeline in Louisiana and a modular liquefaction solution for the expansion of the Plaquemines LNG facility.

The pipeline award includes 13 Frame 5/2E gas turbine-driven compression systems for LNG feed gas transportation to Plaquemines. The liquefaction order covers four liquefaction blocks with a total of eight electric-motor driven SMR liquefaction modules, including Chart cold boxes and associated compression trains. These awards expand Baker Hughes’ installed fleet for Venture Global’s feed gas pipeline to 23 Frame 5/2E-driven systems and support more than 100 MTPA of existing and planned LNG production capacity.

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Positive

  • 13 gas compression systems ordered for the Cloud Connector Pipeline feed gas service
  • Liquefaction award includes 4 blocks and 8 SMR modules for Plaquemines expansion
  • Orders expand Venture Global’s fleet to 23 Frame 5/2E-driven gas compression systems
  • Collaboration supports more than 100 MTPA of existing and planned LNG capacity

Negative

  • None.

Market Context

5.83% was Baker Hughes’ 24-hour gain after its July 27 CP2 LNG technology order from Venture Global,...
Analysis

5.83% was Baker Hughes’ 24-hour gain after its July 27 CP2 LNG technology order from Venture Global, a relevant precedent because this announcement also expands the companies’ liquefaction relationship with a similar Plaquemines scope.

Key Figures

Gas compression systems: 13 systems Liquefaction blocks: 4 blocks Liquefaction modules: 8 modules +2 more
Gas compression systems
13 systems
Cloud Connector Pipeline project
Liquefaction blocks
4 blocks
Plaquemines LNG facility expansion
Liquefaction modules
8 modules
Across four Plaquemines liquefaction blocks
Expanded compression fleet
23 systems
Frame 5/2E-driven systems for Plaquemines LNG
Supported LNG capacity
More than 100 MTPA
Existing and planned Venture Global production capacity

Historical Context

1 past event · Latest: Jul 27
1 event
  1. Jul 27

    LNG technology order

    24h Move
    +5.8%

    Venture Global awarded six liquefaction blocks totaling 12 SMR modules for CP2 expansion.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

single mixed-refrigerant (SMR), mtpa
2 terms
single mixed-refrigerant (SMR) technical
"single mixed-refrigerant (SMR) liquefaction modules"
A single mixed-refrigerant (SMR) is a liquefaction process used to cool natural gas into liquefied natural gas (LNG) using one circulating loop that contains a carefully blended mixture of gases as the refrigerant. Like using a single, adjustable air conditioner that can hit many temperatures instead of several fixed units, the SMR design can simplify equipment, reduce footprint and enable modular plants. Investors watch it because the choice of liquefaction technology affects project cost, efficiency, operating complexity and scalability, which influence capital expenditure and long‑term revenue potential.
mtpa technical
"supporting more than 100 MTPA of existing and planned LNG production"
mtpa stands for million tonnes per annum and is a measure of how much material a facility or industry — such as mining, oil, gas, chemicals, or cement — can produce in one year. Investors care because it quantifies production capacity like a factory’s hourly output, which helps estimate potential revenue, assess supply impact on prices, and compare scale between projects or companies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Secured a substantial order to supply gas compression systems for the Cloud Connector Pipeline project
  • Awarded a major order for a modular liquefaction solution supporting Plaquemines LNG facility expansion
  • Awards deepen long-standing strategic collaboration with Venture Global

HOUSTON and LONDON, Sept. 13, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) and Venture Global LNG are expanding their long-standing collaboration to advance critical U.S. gas infrastructure. Reinforcing Baker Hughes’ connected capabilities across the natural gas value chain, the company will provide gas compression systems for the Cloud Connector Pipeline project in Louisiana, as well as a modular liquefaction solution including cold boxes to support the expansion of the Plaquemines LNG facility.

Together, the pipeline and liquefaction awards demonstrate the critical role of integrated natural gas infrastructure in expanding LNG supply and enhancing energy security for global markets. The substantial pipeline award, which includes 13 gas compression systems driven by Frame 5/2E gas turbines, represents one of the largest deployments for LNG feed gas transportation in the United States. This will enable reliable and efficient transportation of feed gas through the Cloud Connector Pipeline to Venture Global’s Plaquemines facility.

Under the major liquefaction award, Baker Hughes will provide four liquefaction blocks, comprising a total of eight liquefaction modules, to support additional LNG production capacity at Plaquemines LNG facility. The liquefaction blocks include Chart cold boxes.

"Baker Hughes has been a trusted partner across our LNG developments, both at our LNG facilities and across our pipeline infrastructure," said Mike Sabel, CEO of Venture Global. "As we advance the expansion of Plaquemines LNG, this collaboration not only supports our expansion plans, but also helps ensure we deliver the reliable feed gas transportation necessary to realize our mission of supplying secure LNG to global markets.”

"U.S. natural gas is helping to deliver the energy continuity required for industries, communities, and economies to thrive, grow and innovate. Baker Hughes is proud to work alongside our partners at Venture Global as they expand Plaquemines LNG, providing the critical energy infrastructure needed to meet growing global long-term global energy demand,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

The liquefaction solution provided by Baker Hughes for the Plaquemines expansion follows a similar scope recently awarded for the CP2 project. Each liquefaction block is based on two electric-motor driven, single mixed-refrigerant (SMR) liquefaction modules and associated compression trains featuring Baker Hughes' advanced centrifugal compressor technology, as well as cold boxes, air coolers and integrated control systems.

The Cloud Connector award is the second order of Frame 5/2E gas turbine-driven centrifugal compressor packages for Venture Global’s feed gas pipeline, expanding the fleet to 23 Frame 5/2E-driven gas compression systems for the Plaquemines LNG facility. The award further strengthens Baker Hughes’ strategic relationship with Venture Global, supporting more than 100 MTPA of existing and planned LNG production capacity, and reinforces Baker Hughes’ role as a leading industrialized energy provider across the natural gas value chain.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Adrienne M. Lynch
+1 713-906-8407
adrienne.lynch@bakerhughes.com

Investor Relations

Chase Mulvehill
+1 346-297-2561
investor.relations@bakerhughes.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equipment will Baker Hughes supply for the Cloud Connector Pipeline project?

Baker Hughes will supply 13 gas compression systems driven by Frame 5/2E gas turbines for the Cloud Connector Pipeline in Louisiana, enabling transportation of feed gas to Venture Global’s Plaquemines LNG facility.

What is included in the liquefaction solution for the Plaquemines LNG expansion?

The liquefaction award covers four liquefaction blocks comprising eight electric-motor driven single mixed-refrigerant (SMR) liquefaction modules, with associated compression trains using Baker Hughes centrifugal compressor technology, plus Chart cold boxes, air coolers and integrated control systems.

How do these awards affect Baker Hughes’ existing work with Venture Global?

The Cloud Connector award is the second order of Frame 5/2E gas turbine-driven centrifugal compressor packages for Venture Global’s feed gas pipeline, expanding the fleet to 23 Frame 5/2E-driven systems at Plaquemines LNG and further strengthening their long-standing collaboration.

What LNG production capacity is associated with Baker Hughes’ support for Venture Global?

The company states that its relationship with Venture Global supports more than 100 MTPA of existing and planned LNG production capacity across the projects it serves.

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