1. Baker Hughes secures equipment contract for Commonwealth LNG's export facility. 2. Six LM9000 gas turbines will enhance LNG production efficiency. 3. The partnership indicates growing demand for lower-carbon LNG solutions. 4. This project underlines Baker Hughes' strategic focus in the LNG market. 5. Investment is critical for advancing U.S. energy security and infrastructure.
FAQ
Why Bullish?
The contract boosts Baker Hughes' credibility in LNG, reflecting increased demand, similar to past LNG expansions benefiting companies like Cheniere Energy.
How important is it?
This announcement significantly impacts Baker Hughes’ market position in LNG, indicating robust future revenue streams.
Why Long Term?
The ongoing collaboration and commitment to infrastructure point to sustained growth potential, akin to similar long-term contracts previously seen in the energy sector.
- Award from Technip Energies covers 6 mixed refrigerant turbomachinery trains for LNG production in Cameron, Louisiana
- LM9000 gas turbines paired with centrifugal compressors to deliver high efficiency, reliability, and lower carbon intensity
- Order builds on strategic agreement between Commonwealth LNG and Baker Hughes for advanced equipment, services, and digital solutions
HOUSTON and LONDON, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Monday it received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG's 9.5 million tonnes per annum (MTPA) export facility currently under development in Cameron, Louisiana.
The award, which includes six refrigerant turbo compressors comprising LM9000 aeroderivative gas turbines paired with centrifugal compressors, leverages Baker Hughes' proven, best-in-class LNG technologies to support Technip Energies and Commonwealth LNG. Baker Hughes' established collaboration with both companies will help ensure the efficient delivery of Commonwealth LNG's state-of-the-art export facility, designed to meet the growing global demand for reliable, lower-carbon LNG.
"This significant capital investment in the Commonwealth LNG platform is a key milestone, along with the financing process, which is well underway, and illustrates our level of commitment to developing this global-scale LNG project," said Caturus Chief Executive Officer David Lawler. "The Commonwealth project is a crucial component of Caturus' wellhead-to-water strategy, and this is another important step toward building the nation's leading independent integrated natural gas company."
"Building on our long-standing relationship with Baker Hughes, this award for critical liquefaction equipment marks another significant milestone in advancing the Commonwealth LNG project toward its final investment decision," said Arnaud Pieton, CEO of Technip Energies. "This progress reflects our strong collaboration with our customer Commonwealth LNG and our equipment partners. I look forward to our teams working together to deliver a world-class modular LNG facility, enhancing energy security while addressing growing global demand for gas and LNG."
"Delivering our LM9000 technology to Commonwealth LNG is an additional milestone that demonstrates the strength of Baker Hughes' proven capabilities across the LNG value chain," said Baker Hughes Chairman and CEO Lorenzo Simonelli. "This award underscores our commitment to enabling energy infrastructure that is critical to support sustainable energy development, delivering affordable and reliable energy to meet growing global demand."
The LM9000 is the most efficient gas turbine in its power class (70+ MW range) with more than 44% efficiency in ISO conditions. Its mean time between maintenance (MTBM) and a compact package design enable simplified maintenance, extended service intervals, high availability, and fast installation and commissioning. The scope also includes commissioning services, capital spares, extended warranty, and a full string test.
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.
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Chase Mulvehill
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