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Stock impact report

Baker Hughes secures equipment supply order for Rio Grande LNG Train 5 [Yahoo! Finance]

NextDecade Corporation (NEXT) 
US:NASDAQ Investor Relations: next-decade.com/investors
Company Research Source: Yahoo! Finance
equipment for Train 5 at NextDecade's Rio Grande LNG project in the Port of Brownsville, Texas, US. This order follows a previous award for Train 4 and is part of an existing framework agreement for the equipment and services for Trains 4 through 8 at the facility. The latest order includes two Frame 7 gas turbines and six centrifugal compressors. These units will support the expansion of the Rio Grande LNG facility's production capacity by approximately six million tonnes per annum. According to the company, the technology used in these trains is designed to deliver operational reliability and efficiency, and reduce emissions. In addition to the liquefaction equipment, Baker Hughes is providing a digital solution for the facility's first three trains through the deployment of Cordant Asset Health. NextDecade will use the Cordant system for equipment monitoring, failure diagnostics for rotating equipment and visualisation of offline vibration data via a cloud-based platfor Show less Read more
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