Baker Hughes Enters Two Strategic Agreements To Accelerate Revitalization Of Venezuela’s Energy Infrastructure Across The Natural Gas Value Chain

Baker Hughes has entered into two strategic agreements aimed at revitalizing Venezuela's energy infrastructure, specifically within the natural gas value chain. The first agreement is a strategic alliance with PDVSA, Lindsayca, and Fulcrum LNG, Inc. to enhance natural gas infrastructure, while the second is a Memorandum of Understanding with New Stratus Energy Inc. to develop future oil and gas prospects. These collaborations will leverage Baker Hughes' extensive energy solutions and technologies to unlock Venezuela's natural gas potential and support critical infrastructure development.