Press release

Baker Hughes Announces Major LNG Turbomachinery Order from Qatar Petroleum for the North Field East (NFE) Project

Order for main refrigerant compressors (MRCs) consists of 12 gas turbines and 24 centrifugal compressors, as part of four additional LNG “mega trains” Among

articleBaker Hughes CompanySeptember 29, 20204/company/baker-hughes-co/news/baker-hughes-announces-major-lng-turbomachinery-order-from-qatar-petroleum-for-the
Baker Hughes Announces Major LNG Turbomachinery Order from Qatar Petroleum for the North Field East (NFE) Project

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[{"type":"text","content":"\n\nOrder for main refrigerant compressors (MRCs) consists of 12 gas turbines and 24 centrifugal compressors, as part of four additional LNG “mega trains” \n\n\nAmong largest LNG deals for Baker Hughes in the past five years, for both MTPA and equipment awarded\n\n\nProject represents a significant step toward boosting Qatari LNG production capacity from 77 million to 110 million tons by 2025, propelling Qatar to global LNG production leadership\n\n\n HOUSTON & LONDON--(BUSINESS WIRE)--\nBaker Hughes (NYSE: BKR) announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas. The total award is part of four LNG “mega trains,” representing 33 million tons per annum (MTPA) of additional capacity, which will increase Qatar’s total liquefied natural gas (LNG) production capacity from 77 MTPA to 110 MTPA and help to propel the Gulf nation to global LNG production leadership by 2025. This order is among the largest LNG deals secured by Baker Hughes in the past five years, for both MTPA and equipment awarded.\n\nThe order reinforces more than two decades of trust and successful turbomachinery collaboration between Baker Hughes, Qatar Petroleum and Qatargas. With Qatargas already operating six existing LNG “mega trains” driven by Frame 9E gas turbine refrigerant compressors provided by Baker Hughes, the NFE project underscores the leadership of Baker Hughes LNG technology in the Gulf region and for the world’s most complex LNG projects.\n\n“This milestone deal illustrates the continued strength of Baker Hughes’ partnership with Qatar Petroleum, which began 25 years ago upon our delivery of the first LNG train in Qatar,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “As we look ahead to the next two decades, in almost any scenario natural gas will be a key transition fuel, and likely a destination fuel for a lower carbon future. Building on our track record of delivering proven, reliable and highly efficient LNG technology, we remain committed to taking energy forward in Qatar for more years to come.”\n\nAs part of the company’s commitment to support customers in decarbonizing their operations, Baker Hughes has continuously invested in developing technology that enables customers to reduce emissions, enha...

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