June 14, 2018 - 9:00 AM EDT
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Baker Hughes, a GE Company Wins Contract for Turbomachinery Equipment at Cheniere Energy Inc.’s LNG Facility in Corpus Christi, Texas

HOUSTON

  • BHGE to provide turbomachinery equipment for a third LNG train consisting of six gas turbines and various compressors
  • Project represents the first FID on new liquefaction capacity in the United States since 2015

Baker Hughes, a GE company (NYSE: BHGE) will supply turbomachinery equipment for the expansion of Cheniere’s LNG facility in Corpus Christi, Texas. Cheniere announced a positive Final Investment Decision (FID) and the plan to issue a full notice to proceed to continue construction on the third liquefaction train at Cheniere’s Corpus Christi liquefaction project (CCL Project). According to the company, this represents the first FID on new liquefaction capacity in the United States since 2015.

When all three trains are completed, the aggregate nominal production capacity of the CCL Project is expected to be approximately 13.5 MTPA of LNG. Cheniere appointed Bechtel as their Engineering, Procurement and Construction (EPC) partner for the project, and Bechtel Oil, Gas & Chemicals, Inc. (Bechtel) contracted BHGE to provide turbomachinery equipment for the third train consisting of six PGT25+G4 DLE gas turbines driving various compressors. BHGE has provided the same equipment for two other trains already under construction at Corpus Christi, and similar technology for five trains at Cheniere’s Sabine Pass plant.

The Corpus Christi site is located on the La Quinta Channel on the northeast side of Corpus Christi Bay in San Patricio County, Texas.

“This is the fifth order for similar equipment for Cheniere Energy through Bechtel, and an important one as it is the first FID on new liquification in the U.S. since 2015,” said Rod Christie, president and CEO, Turbomachinery & Process Solutions, BHGE. “Our technology provides the necessary refrigeration gas needed to chill the natural gas into liquid form for transportation. This award builds on the unparalleled technology experience and partnership established between Cheniere, Bechtel and BHGE.”

This agreement expands BHGE’s global footprint by bringing engineering, manufacturing and project management from Evendale, Ohio; Houston, Texas and Florence, Italy.

About Baker Hughes, a GE company

Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world. Visit us at BHGE.com.

Baker Hughes, a GE company
Stephanie Cathcart, +1 202 637 4108
Stephanie.Cathcart@bhge.com
or
Sandra Gherardotti, +39 3483509456
Sandra.Gherardotti@bhge.com
or
Investor Relations:
Philipp Mueller, 281 809 9088
investor.relations@BHGE.com


Source: Business Wire (June 14, 2018 - 9:00 AM EDT)

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