Published on 7 May 2024 on Zacks via Yahoo Finance

Baker Hughes (BKR) Fuels Saudi Arabia's Gas Infrastructure

Baker Hughes Company (BKR), a leading energy technology company, has secured a substantial contract to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. This latest development marks a significant step forward in the Kingdom's efforts to enhance its energy infrastructure and reduce carbon emissions.

Advancing Gas Distribution Infrastructure

Baker Hughes has been entrusted by Worley, acting on behalf of Aramco, to provide essential equipment for the Master Gas System project. The company's role includes supplying 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines. These compressors are crucial components for the new 4,000-kilometer pipeline, which is set to bolster the distribution of gas across Saudi Arabia.