Baker Hughes Lands Largest Integrated Compressor Line Order In Company's History With Dubai Petroleum Establishment For And On Behalf Of Dubai Supply Authority, To Enhance The Reliability Of Energy Supply And Support Local Decarbonization Efforts
Portfolio Pulse from Benzinga Newsdesk
Baker Hughes has secured its largest order for Integrated Compressor Line units with Dubai Petroleum Establishment to enhance energy reliability and support decarbonization in Dubai. The project involves installing 10 ICL units at the Margham Gas storage facility.
October 08, 2024 | 12:13 pm
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Baker Hughes has received its largest order for Integrated Compressor Line units from Dubai Petroleum, enhancing its role in energy reliability and decarbonization efforts in Dubai. This significant order is expected to boost Baker Hughes' revenues and market presence.
The order represents the largest in Baker Hughes' history for its ICL technology, indicating a strong demand for its products and a positive impact on its revenue. The partnership with Dubai Petroleum also enhances Baker Hughes' market presence in the Middle East, aligning with global decarbonization trends.
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