Published by Teresa on April 5, 2024
Baker Hughes will supply Black & Veatch with turbomachinery equipment consisting of four electric-driven main refrigeration compressors, two electric-driven boil-off gas compressors and six centrifugal pumps
Cedar LNG will be powered by renewable electricity to make it one of the lowest carbon intensity LNG facilities in the world
Project is a key element of the Haisla Nation’s economic and social development, marking the first major industrial development in its territory it will own and in which it will participate
HOUSTON & LONDON, April 05, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Friday it was awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies. The award was booked in the first quarter of 2024.
>> In Other News: ION Clean Energy Announces $45 Million Investment from Chevron New Energies and Carbon Direct Capital and Leadership Transition
Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors, two electric-driven boil-off gas compressors and six centrifugal pumps. Powered by renewable electricity, Cedar LNG will be one of the lowest carbon intensity LNG facilities in the world.
The Cedar LNG project brings together the Haisla Nation and Pembina Pipeline Corporation (Pembina) to develop the Haisla Nation-led project. The project is a key element of the Haisla Nation’s economic and social development strategy and will further advance reconciliation by allowing the Haisla Nation, for the first time ever, to directly own and participate in a major industrial development in its territory. Today, the Haisla people are centered on Kitamaat Village. Home to approximately 700 of the 2,023+ Haisla membership, Kitamaat Village sits at the head of the Douglas Channel in British Columbia, Canada.
“Black & Veatch is committed to helping our clients and the communities they serve make meaningful progress on their decarbonization journey,” said Laszlo von Lazar, president of Black & Veatch’s Energy & Process Industries business. “The Cedar LNG project represents an important step toward reducing carbon emissions through lower-carbon LNG facilities that can supply customers looking to move away from more carbon intensive feedstocks. This is an important aspect of near-term decarbonization plans around the world, and Canada’s abundant natural gas supply means Cedar LNG is in a strong position to accelerate this phase of the energy transition. And our team is eager to take on this opportunity with our long-standing partner Baker Hughes.”
“This award is the latest important milestone for Baker Hughes in the LNG market, demonstrating the strength of our portfolio and our commitment to collaborating with industry partners while providing efficient and lower carbon solutions for the natural gas market,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. “Over the next decade, electrification will play a critical role in the energy transition, enabling further reduction of carbon emissions from natural gas.”
The award continues the positive demand momentum for Baker Hughes’ gas technology equipment portfolio following several major LNG orders throughout the past year.
>> In Company Spotlight: Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ Syzygy Plasmonics and Honeywell Claim SAF Breakthrough 👩🔬 Carbon Market Trailblazer Joins CarbonCure Board 🤝 One Equity Partners Agrees to Acquire BARTEC ⚡ Siemens Energy, Te...
Inside This Issue 🌊 Frontier Drops $31M on Ocean Antacids in Massive Carbon Bet 🏭 PCA Launches Carbon Capture and Storage Study Following ‘Promising’ Trial ✈️ Airbus and Air France Complete Inaugu...
Inside This Issue 🛢️ Northern Lights CCS Project Begins Operations with First CO2 Injection 🔋 Advent Technologies Receives Order from Global Energy Giant for Ion Pair HT- PEM Electrode Assemblies ...
One Equity Partners Agrees to Acquire BARTEC
NEW YORK--One Equity Partners (OEP), a middle market private equity firm, today announced it has signed a definitive agreement to acquire BARTEC, one of the global leaders in explosion protection a...
North Dakota Supreme Court Allows Landowner Challenge to CO2 Storage Law to Proceed
BISMARCK — The North Dakota Supreme Court has ordered a lower court to take another look at a legal challenge related to underground carbon dioxide storage projects – a case that could have long-te...
New Marine Carbon Dioxide Removal Coalition Launches
The Marine Carbon Dioxide Removal Coalition (mCDR Coalition) launched on 22 August bringing together global leaders across companies, nonprofits and academic institutions to support the responsible...
Two New Swagelok® Components Deliver Safety and Efficiency to Hydrogen Refueling Stations
Ramp regulator and FK series check valve engineered specifically to address hydrogen-related challenges in a growing market SOLON, Ohio, Aug. 28, 2025 /PRNewswire/ -- To further enable the use of ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.