Wow, Wow, Wow! Golden Pass Contract Goes To BHGE -- February 7, 2019

Link here.

Baker Hughes, a GE company (BHGE) reported Thursday that it will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility in Sabine Pass, Texas.

Partners ExxonMobil Corp. and Qatar Petroleum announced Feb. 5 that they had decided to proceed with Golden Pass and expect to break ground on the $10 billion-plus project this quarter. The companies have also awarded a joint venture of McDermott International, Inc., Chiyoda International Corp. and Zachry Group the mega-contract to build the facility, which will produce approximately 16 million tons per year of liquefied natural gas (LNG).

BHGE will supply turbomachinery equipment for three LNG trains, including six gas turbines and 12 centrifugal compressions. 

 Golden Pass LNG export facility vision: to be best in class.