Baker Hughes and Venture Global Expand Strategic Long-Term Power Generation Partnership
Key Highlights
- ➤Power Frame Agreement covers turbines and services for up to 16 power islands
- ➤Deliveries are scheduled from 2028 through 2034
- ➤Venture Global expects first power island purchase order by end-2026
- ➤Additional purchase orders are anticipated beginning in 2027
- ➤Framework supports LNG expansion and potential adjacent data centers
Expert Statements
Lorenzo Simonelli, Chairman and CEO of Baker Hughes
“With our partners at Venture Global, Baker Hughes is helping to bridge the gap between energy capabilities and industrial aspirations.”
Lorenzo Simonelli, Chairman and CEO of Baker Hughes
“Behind-the-meter power generation has emerged as a critical component to LNG operations as well as advancing the AI economy, and this framework will replicate what we have already built with Venture Global to develop more power – quickly, safely and at scale.”
* Power Frame Agreement establishes a framework for turbines, associated equipment and services for up to 16 power islands, supporting Venture Global’s continued LNG expansion and related industrial operations, as well as potential future LNG-adjacent data centers * Builds on Baker Hughes proven LNG power island solution for Venture Global facilities, providing a repeatable model for future developments with scheduled deliveries through 2034 HOUSTON and LONDON, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a new Power Frame Agreement with Venture Global and GE Vernova to support the development of behind-the-meter power generation in the United States. The framework is designed to support Venture Global’s continued LNG production and liquefaction, as well as potential future LNG-adjacent data center development projects.
The agreement establishes the framework for the supply of gas turbines, steam turbines and associated equipment and services for up to 16 new power island units. In addition, Baker Hughes will provide the controls and electrical integration technology required to operate each island, including the E-house and electrical control systems.
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