Baker Hughes Signs Framework Deal to Expand Venezuela Gas Infrastructure
Baker Hughes signed an alliance with PDVSA, Lindsayca and Fulcrum LNG to expand Venezuela’s natural-gas infrastructure, and a separate memorandum with New Stratus Energy to support future oil and gas development. The agreements establish a framework for potential projects—not finalized commitments—and any work will require further approvals, including applicable U.S. sanctions authorizations.
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About Baker Hughes
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK. As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications. It operates in over 120 countries, with facilities in Australia, Brazil, Singapore, Malaysia, India, UAE, Saudi Arabia, Italy, Germany, Norway, the United Kingdom, Namibia, Nigeria and the United States.
Everything about Baker Hughes →- Country
- United States
- Headquarters
- Houston
- Inception
- 1908, 1987
- Website
- http://www.bakerhughes.com, https://www.bakerhughes.com/
