Baker Hughes Secures Major Order for Aramco's Jafurah Gas Field Expansion Project
2025-01-30
MSN
Baker Hughes has announced a significant technology order for Saudi Aramco's Jafurah gas field expansion, further strengthening its position in the oil and gas industry. The company will supply six gas compression trains and six propane compressors for the project's third expansion phase. This contract win comes as Baker Hughes raises its quarterly dividend to $0.23/share, indicating a strong financial performance. As a leading provider of energy technology, Baker Hughes is well-positioned to support the growth of the global gas production market, with a focus on liquefied natural gas (LNG) and natural gas processing.
