33 Baker Hughes, a prominent energy technology company, has secured an order from Black & Veatch to provide electric-driven liquefaction technologies for the Cedar LNG project in Canada. This development underscores Baker Hughes’ commitment to delivering efficient and environmentally friendly solutions for the natural gas market. The order, which was booked in the first quarter of 2024, encompasses various turbomachinery equipment, including electric-driven main refrigeration compressors, boil-off gas compressors, and centrifugal pumps. Cedar LNG, powered by renewable electricity, aims to establish itself as one of the world’s most environmentally sustainable LNG facilities. The Cedar LNG project is a collaborative endeavor between the Haisla Nation and Pembina Pipeline Corporation, serving as a significant milestone in advancing economic development and fostering reconciliation. This initiative allows the Haisla Nation to directly participate in a major industrial development within their territory for the first time, marking a pivotal moment in their history. Laszlo von Lazar, President of Black & Veatch’s Energy & Process Industries business, emphasized the project’s role in reducing carbon emissions and driving the energy transition forward. He highlighted Canada’s ample natural gas resources as a catalyst for accelerating the transition to lower-carbon energy solutions. Ganesh Ramaswamy, Executive Vice President of Industrial & Energy Technology at Baker Hughes, reiterated the company’s dedication to the LNG market and its commitment to collaborating with industry partners to deliver innovative solutions. He emphasized the pivotal role of electrification in reducing carbon emissions from natural gas, underscoring the importance of initiatives like Cedar LNG in achieving sustainable energy goals. You Might Be Interested In Goldman Sachs Forecasts Egypt-IMF Financial Deal to Reach $12 Billion Assets take a $68.4b hit for the year Paywatch Expands Regional Presence and Bolsters Industry Partnerships Africa’s e-Payments market set to surge, challenging cash dominance Fortek Partners with Codebase Technologies to provide affordable digital financial services in Africa Credit Growth, Margins, and Lower Costs: Positive Outlook for Malaysian and Thai Banks