Baker Hughes Unveils Record Integrated Compressor Line Deal
Baker Hughes Achieves Historic Order for Integrated Compressor Line Units
HOUSTON and LONDON – Baker Hughes, an energy technology company, has recently announced a monumental milestone in its operational history by securing its largest order ever for Integrated Compressor Line (ICL) units. This significant order, made in collaboration with Dubai Petroleum Establishment (DPE), aims to enhance the reliability of energy supply while supporting local decarbonization efforts.
Overview of the Integrated Compressor Line Technology
The order comprises 10 ICL units, consisting of five dedicated to gas storage and the remaining five for dual-use injection boosting or export of gas into the existing gas distribution network. The installation is set to occur at the Margham Gas storage facility, located in Dubai. With this installation, Baker Hughes expects to significantly bolster the storage capacity.
Promoting Decarbonization through Advanced Technology
This initiative stems from the broader objective of integrating cutting-edge gas storage technologies into a sustainable energy framework. By utilizing the advanced ICL technology, Baker Hughes aims to implement a dependable system that minimizes emissions, thereby contributing to Dubai's energy transition towards greener solutions.
The Benefits of ICL in Energy Production
Baker Hughes’ commitment to innovation in energy technology is illustrated through the ICL's ability to effectively manage the increasing integration of renewable energy sources such as solar power into existing energy systems. This aligns with Dubai's strategy of diversifying its energy supply.
Remarkable Track Record and Future Prospects
This historic deal is not only a testament to Baker Hughes' reputation as a leader in low-carbon solutions but also a reflection of customer confidence. Already, three ICL units installed since 2020 have performed exceedingly well, showcasing zero seal leakages and requiring minimal maintenance downtime. With this successful operational history, the partnership with DPE signifies a continued positive trend in securing major orders for ICL technology across various regions, including projects in Europe and Latin America.
Baker Hughes: A Global Leader in Energy Solutions
With operations in over 120 countries, Baker Hughes provides essential technologies and services to a wide array of energy and industrial clients worldwide. The company bases its innovations on a rich heritage of experience, aiming to deliver solutions that are safer, cleaner, and more efficient for both people and the planet. As the world continues to evolve towards more sustainable energy practices, Baker Hughes remains dedicated to enhancing its technological offerings.
Contact Information for Inquiries
For further inquiries regarding media relations, Chiara Toniato can be reached at +39 3463823419 or via email. For investor relations, Chase Mulvehill is available at +1 346-297-2561. Interested parties can connect through their respective email addresses for more detailed insights or questions.
Frequently Asked Questions
What is the Integrated Compressor Line technology?
The Integrated Compressor Line technology enhances gas storage capacity and reliability while supporting the decarbonization of energy systems.
Where will the ICL units be installed?
The ICL units are set to be installed at the Margham Gas storage facility in Dubai.
What are the expected benefits of the new order?
This order is expected to significantly increase energy reliability and facilitate the integration of renewable energy into the gas infrastructure.
When did Baker Hughes announce the order?
The announcement regarding the order was made in early October 2024.
How does Baker Hughes contribute to sustainable energy development?
Baker Hughes focuses on innovative technologies that promote cleaner, safer, and more efficient energy solutions worldwide, thereby supporting global decarbonization efforts.
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