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Baker Hughes Awarded Lifecycle Services Contract for Turbomachinery Equipment at Nigerian Plant

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Baker Hughes (BKR) said Monday that it has been awarded a contract to provide lifecycle services supporting turbomachinery equipment at a liquefaction plant in Bonny Island, Nigeria.

The 13-year agreement signed with Nigeria LNG supports the operational performance of the new Train 7 project, which is slated to increase the facility's total LNG production capacity to 30 million tonnes per annum, the company said.

The new agreement furthers the two-decade collaboration between Baker Hughes and Nigeria LNG, according to a statement.

Financial details related to the contract were not disclosed.

Price: $57.10, Change: $+0.54, Percent Change: +0.95%

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