Baker Hughes Inks 10-Year Services Frame Agreement with Woodside Energy for Australian LNG Operations

Baker Hughes, a leading energy technology company, inked 10-year long agreement with Woodside Energy aimed at bolstering its LNG operations in Australia. This comprehensive agreement entails Baker Hughes supplying spare parts and field service resources to facilitate onsite maintenance and upgrades of turbomachinery equipment.

Additionally, the agreement encompasses provisions for equipment refurbishment and the implementation of advanced digital asset performance services. This strategic collaboration underscores Baker Hughes' steadfast commitment to augmenting operational efficiency and reliability for Woodside Energy. By leveraging its extensive expertise in delivering high-performance solutions, Baker Hughes aims to uphold and enhance LNG production excellence in the region, ensuring sustained productivity and operational integrity. This initiative reflects Baker Hughes' proactive approach to supporting Woodside Energy's infrastructure needs with innovative technologies and comprehensive service capabilities tailored to meet the dynamic challenges of the LNG sector.

This latest agreement marks an extension of the longstanding strategic partnership between Baker Hughes and Woodside Energy in the LNG sector, originating in 1989 and encompassing various collaborative ventures. In 2021, Baker Hughes secured a contract to supply high-efficiency gas turbine and compressor technology for Woodside Energy’s Pluto LNG train 2 project in Western Australia. This facility supports Woodside Energy’s Scarborough offshore gas initiative and facilitates LNG exports to Asian markets. Most recently, in 2022, both entities entered a memorandum of understanding to explore decarbonization solutions, leveraging Baker Hughes’ extensive array of carbon management and climate technology solutions. This initiative underscores their ongoing commitment to advancing sustainable practices within the energy sector.

Tiffany Pitts, Vice President of Gas Technology Services at Baker Hughes, stressed the crucial role of LNG in global energy security by providing affordable and reliable natural gas supplies. She emphasized the ongoing need for innovation and enhancement in LNG technology solutions to meet these critical demands. Pitts highlighted the company's commitment to advancing safety, efficiency, and asset health management to ensure intelligent and sustainable operations. Baker Hughes expressed pride in its collaboration with Woodside Energy and its dedication to furthering this partnership, aiming to drive continuous improvements in LNG technology and operational excellence for the benefit of global energy markets.

With a century-long legacy, Baker Hughes stands at the forefront of energy technology, delivering innovative solutions and services to global energy and industrial sectors across over 120 countries. Their commitment to advancing energy spans diverse areas, from enhancing safety and operational efficiency to promoting sustainability. Through continuous innovation, they strive to make energy safer, cleaner, and more efficient, contributing to both societal progress and environmental stewardship. Baker Hughes is pioneering new technologies and solutions that address the evolving needs of the energy industry, fostering a sustainable energy future for generations to come.