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Baker Hughes Wins Order To Supply Gas Compression Units For Argentina Natural Gas Pipeline Project

BKR
Energy Markets & PricesCommodities & Raw MaterialsCompany FundamentalsInfrastructure & DefenseEmerging Markets

Baker Hughes secured a strategic order from San Matias Pipeline S.A. to supply gas compression equipment for a major natural gas pipeline project in Argentina. The contract bolsters Baker Hughes' gas compression backlog and expands its exposure to Argentina’s energy infrastructure, though no monetary value or timing was disclosed.

Analysis

Baker Hughes secured a strategic order from San Matias Pipeline S.A. to supply gas compression equipment for a major natural gas pipeline project in Argentina. The contract bolsters Baker Hughes' gas compression backlog and expands its exposure to Argentina’s energy infrastructure, though no monetary value or timing was disclosed.

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