Tecnimont and Baker Hughes Team Up on Modular LNG Projects [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
collaborate on modular, scalable liquefied natural gas (LNG) projects worldwide, as demand grows for faster and more flexible gas infrastructure. Under the non-exclusive MoU, Tecnimont and Baker Hughes will jointly assess participation in future LNG tenders that incorporate Baker Hughes' NMBL™ modular liquefaction solution. The agreement establishes a framework for evaluating project scope, technical requirements, and potential cooperation models on a case-by-case basis. The partnership reflects a broader industry shift toward modular LNG developments, which can be built more quickly and at smaller scale than traditional mega-projects. Such designs are increasingly attractive to emerging gas producers, countries seeking energy security, and developers looking to manage capital costs and reduce execution risk. LNG continues to play a central role in the global energy mix, particularly as a replacement for coal in power generation and as a balancing fuel for renewable energy syste
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BKR
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BKR
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- 2/5/26 - Form 10-K
- 2/3/26 - Form 4
- 2/3/26 - Form 4
- BKR's page on the SEC website