Baker Hughes awarded contract, granted notice to proceed by Venture Global LNG
Baker Hughes (BHGE) announced that it has been awarded a contract and granted notice to proceed on the construction of its comprehensive LNG technology solution for Venture Global LNG's Calcasieu Pass project. The final notice to proceed, or FNTP, follows Venture Global's Final Investment Decision and Financial Close for Calcasieu Pass and is part of the companies' previously-announced supply agreement. The agreement includes BHGE's highly-efficient and reliable modular liquefaction trains, and power generation and electrical distribution equipment for the Calcasieu Pass Project. Under the contract, BHGE will provide an LNG liquefaction train system, or LTS, with 18 modularized compression trains across nine "blocks," for a total nameplate capacity of 10M tonnes per annum, or MTPA. The modularized system offers a "plug and play" approach that enables faster installation and lower construction and operational costs. These modules will be manufactured, assembled, tested and transported from BHGE's state-of-the-art plants in Italy. Additionally, BHGE will leverage advanced technologies from across its portfolio to deliver a comprehensive power island system, or PIS, that includes power generation and electrical distribution equipment for the facility. Equipment deliveries are expected to begin in the second half of 2020. BHGE will also provide associated field support services to assist in the oversight, installation and commissioning of the supplied equipment. These are the first contracts awarded under the master equipment supply agreement between Venture Global LNG and BHGE for 60 MTPA of production capacity.