Baker Hughes signs two agreements to develop Venezuela energy assets

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Baker Hughes Signs Two Agreements to Develop Venezuela's Natural Gas and Energy Infrastructure

October 5, 2026 7:00 AM EDT

An alliance agreement was signed with PDVSA, Lindsayca and Fulcrum LNG, Inc. to restore energy infrastructure for gas production An MOU with New Stratus Energy Inc. was also recently signed to support the future development of in-country oil and gas resources

CARACAS, Venezuela, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, Monday announced the signing of two strategic agreements to accelerate the revitalization of Venezuelas energy infrastructure across the natural gas value chain and expansion of the countrys energy production.

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