NextDecade, Baker Hughes and Rio Grande LNG

Baker Hughes to supply equipment for NextDecade's Rio Grande LNG expansion trains
Baker Hughes (NASDAQ:BKR) +1.6% in Tuesday's trading after saying it entered into a framework agreement with NextDecade (NEXT) to utilize Baker Hughes' gas turbine and refrigerant compressor technology as well as perform maintenance work for the equipment packages for Trains 4-8 at the Rio Grande LNG facility in Texas.
Baker Hughes, NextDecade sign framework agreement for Rio Grande LNG project
NextDecade is advancing the commercialisation of Rio Grande LNG trains four and five, with construction expected to commence following a positive FID.
NextDecade Taps Baker Hughes for Rio Grande LNG Expansion
NextDecade and Baker Hughes signed a deal for the latter to provide its gas turbine and refrigerant compressor technology for the next five trains of Rio Grande LNG.
Baker Hughes (NasdaqGS:BKR) Teams Up With NextDecade For Gas Tech At Rio Grande LNG Facility
Baker Hughes (NasdaqGS:BKR) experienced a 1.44% decline in share price over the last quarter, a period marked by significant developments. The company's partnership framework with NextDecade Corporation to supply gas turbine and refrigerant compressor technology for the Rio Grande LNG Facility represents a long-term growth avenue.
Baker Hughes to Supply Equipment for NextDecade’s Rio Grande LNG
Baker Hughes was also contracted to maintain the equipment at Rio Grande. NextDecade is working toward a final investment decision on Trains 4 and 5 at the Brownsville, Texas, facility. The company is developing the remaining trains and said in February it had started the permitting process for an expansion.
Baker Hughes, NextDecade Enter Framework Agreement for Rio Grande LNG Expansion Trains
Baker Hughes (NASDAQ: BKR), an energy technology company, and NextDecade Corporation (NASDAQ: NEXT) and announced Tuesday that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance work for these Equipment Packages for Trains 4 through 8 at the Rio Grande LNG Facility.
Baker Hughes Secures Key Role in NextDecade's LNG Expansion Plans
Baker Hughes Company (BKR), a leading energy technology company, and NextDecade Corporation NEXT have strengthened their partnership with a new framework agreement focused on the expansion of the Rio Grande LNG project.
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NextDecade, Baker Hughes Enter Framework Agreement for Rio Grande LNG Expansion Trains
“We look forward to continuing our collaboration with Baker Hughes as we progress our plans to make the Rio Grande LNG Facility one of the largest LNG production and export facilities in ...
NextDecade, Baker Hughes enter pact for Rio Grande LNG expansion trains
NextDecade (NEXT) and Baker Hughes (BKR) announced that they have entered into a framework agreement whereby NextDecade plans to utilize Baker ...