Baker Hughes wins LNG equipment contracts for Cheniere's Sabine Pass
Get Alerts BKR Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
EPS Growth %: -22.2%
Join SI Premium – FREE
Baker Hughes (NASDAQ: BKR) announced three equipment and services awards for Cheniere's Sabine Pass LNG facility in Cameron Parish, Louisiana, with the contracts booked in the second quarter of 2026.
The orders, placed by Bechtel Energy Inc. and Cheniere, cover liquefaction equipment for Train 7 and a boil-off gas re-liquefaction unit as part of Phase 1 of the Sabine Pass expansion project. Baker Hughes will supply seven PGT25+ G4 gas turbines driving 15 centrifugal compressors, enabling approximately 6 million tons per annum (MTPA) of additional LNG production capacity.
A separate services award calls for Baker Hughes to deliver upgrades across the entire fleet of installed aeroderivative PGT25+ G4 gas turbines at Sabine Pass over a four-year period. The upgrades are designed to increase power output across the facility's current approximate 30 MTPA capacity. Combined with Train 7 and the boil-off gas re-liquefaction unit, the projects are expected to add over 6 MTPA of total capacity at Sabine Pass.
"These comprehensive technology solutions, from advanced liquefaction equipment to lifecycle services, help our customers expand LNG production and meet growing energy demand," said Baker Hughes Chairman and CEO Lorenzo Simonelli.
Cheniere Chairman, President and CEO Jack Fusco said the company is "pleased to continue our decades-long collaboration with Baker Hughes," describing the equipment orders, lifecycle services, and technology upgrades as "critical to facilitate further optimization and efficiency upgrades throughout the Cheniere platform."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet Sees FY26 Capex $195B To $205B, Saw $180B To $190B
- Intel mulls partnering with SK Hynix for Ohio chip fab - Semafor
- Intel mulls partnership for Ohio chip fab, SK Hynix among candidates - report
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share