Baker Hughes’ Solution for New LNG Plant

Baker Hughes has been selected by Argent LNG to supply liquefaction solutions, power generation equipment, and gas compression systems for their proposed LNG export facility in Louisiana. This collaboration underscores Baker Hughes’ commitment to delivering advanced LNG solutions and its strategic importance in the energy transition. The project, with a capacity of approximately 24 million tonnes per annum (mtpa) of LNG, marks a significant milestone in the energy sector, highlighting Baker Hughes’ expertise and innovation.

Baker Hughes’ Selection for Louisiana LNG Plant: Revolutionizing Energy Solutions

Baker Hughes’ selection for Argent LNG’s new LNG plant in Louisiana marks a significant milestone in the energy sector. This chapter provides an overview of the project and Baker Hughes’ crucial role in delivering advanced LNG solutions.

Project Details

The project involves supplying liquefaction solutions, power generation equipment, and gas compression systems, aiming for a capacity of approximately 24 million tonnes per annum (mtpa) of LNG. This section delves into the specifics of the equipment and services provided by Baker Hughes.

Technological Integration

The equipment will utilize Baker Hughes’ NMBL modularized LNG solution powered by the LM9000 gas turbine, integrated with iCenter digital solutions. This section explores the technological advancements and their impact on operational efficiency.

Company Statements

Lorenzo Simonelli, Chairman and CEO of Baker Hughes, emphasized the company’s 30-plus years of experience in LNG and its commitment to delivering advanced solutions. Jonathan Bass, Chairman and CEO of Argent LNG, highlighted Baker Hughes’ proven technology, established market presence, and commitment to innovation. This section presents key statements from both companies.

Project Timeline and Phases

Argent LNG is planned in two stages: Phase 1 is scheduled to start in 2026, with commercial operations expected by 2030. Phase 2 entails resource reporting, securing FERC approvals, formalizing gas supply agreements, and achieving financial close. This section outlines the project timeline and phases.

Strategic Partnerships

The Government of Bangladesh has agreed to purchase up to 5 mtpa from the proposed terminal, ensuring a reliable energy supply for Bangladesh’s industry and strengthening the country’s strategic partnership with the United States. Baker Hughes has also secured additional deals for Louisiana LNG projects. This section discusses the strategic partnerships and future prospects.

Argent LNG, a U.S.-based energy company dedicated to developing liquefied natural gas (LNG) export solutions, has chosen Baker Hughes to supply liquefaction solutions and related services for its proposed natural gas export facility in Port Fourchon, Louisiana. Under the agreement, Baker Hughes will supply liquefaction solutions, power generation equipment, and gas compression systems for a facility projected to deliver approximately 24 million tonnes per annum (mtpa) of LNG.

According to the energy company, the equipment will encompass its NMBL modularized LNG solution powered by the LM9000 gas turbine and will integrate iCenter digital solutions to enhance availability, reliability, and operational efficiency. Baker Hughes will also provide power generation units driven by LM9000 gas turbines and multi-year support services for Argent LNG terminal operations.

“Today’s announcement is a further testament to the technology capabilities that we have built over the past 30-plus years in LNG. This collaboration with Argent LNG underscores our commitment to delivering advanced, best-in-class LNG solutions,” noted Lorenzo Simonelli, Chairman and CEO of Baker Hughes.

The energy tech player believes its extensive experience will optimize project execution and ensure a streamlined, cost-effective design. It also expects subsequent orders related to this agreement as the project moves toward the final investment decision (FID).

Jonathan Bass, Chairman and CEO of Argent LNG, stated: “We chose Baker Hughes because of their proven cutting-edge technology, established LNG market presence, and commitment to innovation — all of which align perfectly with Argent LNG’s vision to provide transformative energy solutions.”

Argent LNG is envisioned to be developed in two stages. Construction of Phase 1 is scheduled to commence in 2026, with commercial operations expected by 2030. For Phase 2, resource reporting, securing Federal Energy Regulatory Commission (FERC) approvals, finalizing gas supply agreements, and achieving financial close are ongoing.

The Government of Bangladesh recently inked a deal to purchase up to 5 mtpa from the proposed terminal [Source: Offshore Energy]. According to Ashik Chowdhury, Executive Chairman of Bangladesh Investment Development Authority (BIDA), the agreement ensures a reliable energy supply for Bangladesh’s industry and strengthens the country’s strategic partnership with the United States.

Meanwhile, Baker Hughes secured another deal for a Louisiana LNG project last week, when it [Source: Offshore Energy] received an equipment order from Venture Global for its LNG projects in the United States. The duo also executed a services agreement to support phases 1 and 2 of the Plaquemines LNG project in Louisiana.

Baker Hughes’ selection for the Louisiana LNG plant is a testament to the company’s extensive experience and commitment to innovation in the LNG sector. The collaboration with Argent LNG underscores Baker Hughes’ ability to deliver advanced, reliable, and efficient LNG solutions. The project’s success is expected to pave the way for future collaborations and further strengthen Baker Hughes’ market presence in the LNG industry.

The project’s timeline and phases are crucial for understanding its progression and milestones. Phase 1 is scheduled to start in 2026, with commercial operations expected by 2030. Phase 2 involves resource reporting, securing FERC approvals, formalizing gas supply agreements, and achieving financial close. This structured approach ensures a smooth transition from planning to execution.

Strategic partnerships are essential for successfully executing large-scale projects like the Louisiana LNG plant. The Government of Bangladesh’s agreement to purchase up to 5 mtpa from the proposed terminal is a significant step toward ensuring a reliable energy supply for Bangladesh’s industry. This partnership strengthens the strategic alliance between the two countries and underscores the project’s global implications.

Baker Hughes’ additional deals for Louisiana LNG projects further solidify its position as a leading player in the LNG market. These agreements demonstrate the company’s ability to secure multiple projects simultaneously and its commitment to delivering high-quality LNG solutions.

Conclusion

Baker Hughes’ selection for the Louisiana LNG plant is a significant milestone in the energy sector. The project’s advanced technological integration, strategic partnerships, and committed timeline make it a model for future LNG developments. The collaboration with Argent LNG highlights Baker Hughes’ expertise and innovation, setting the stage for future collaborations and market leadership in the LNG industry.

Sources

• Offshore Energy – Baker Hughes Solution Selected for Pelican State’s New LNG Plant
• Gas World – Argent LNG Selects Baker Hughes as Tech Provider
• Morningstar – Argent LNG Selects Baker Hughes as Technology Provider
• GlobeNewswire – Argent LNG Selects Baker Hughes as Technology Provider
• StockTitan – Argent LNG Selects Baker Hughes as Technology Provider
• Upstream Online – Baker Hughes Scoops US LNG Project Prize
• Offshore Energy – Another US Firm Lands Job on Louisiana LNG