Baker Hughes Wins Major Kutei Northern Hub Subsea Contract For 17 Deepwater Production Systems In Indonesia

Baker Hughes said it won an order from Searah North Ganal Limited, a subsidiary of Searah Limited (JV of Eni and Petronas), to supply subsea production systems and digital solutions for Indonesia’s Kutei Northern Hub. The scope includes 17 deepwater horizontal tree systems plus manifolds, control and distribution, and Cordant asset protection and monitoring for gas production supporting LNG capacity.

Baker Hughes shares rose about 4% after Bloomberg News reported the company is exploring a sale of its Waygate Technologies unit. Baker Hughes agreed last year to buy Chart Industries for about $9.6 billion and is considering divesting Waygate, potentially worth around $1.5 billion. Separately, it said it received a gas turbine order from Twenty20 Energy for U.S. data centers.

Baker Hughes said it secured a multi-year contract from Kuwait Oil Company (KOC) to build an R&D and technology development centre within Kuwait’s Ahmadi Innovation Valley. The centre will evaluate and deploy technologies using Baker Hughes’ digital and AI-enabled automation, targeting higher hydrocarbon recovery and lower operating costs, water production and power use. KOC appointed Baker Hughes, SLB, Halliburton and NESR as strategic partners.

Baker Hughes (BKR) said it won a multi-year contract from Kuwait Oil Company for the Ahmadi Innovation Valley Project. The deal calls for an in-country R&D center focused on digital and AI solutions for oil recovery and operations. Investors may watch commissioning progress and follow-on deployments in 2026-2027.

Baker Hughes won a subsea contract from Searah North Ganal, a unit of Searah (a JV of Eni and PETRONAS), for the Kutei Northern Hub offshore Indonesia. It will deliver 17 deepwater horizontal tree systems plus manifolds, connections, and control/distribution systems, and deploy Cordant asset protection and monitoring. Work supports gas production and LNG capacity.

Dynamis Power Solutions placed a major order for Baker Hughes gas turbine technology, covering 76 NovaLT16 industrial gas turbines plus gearboxes and generators from Brush Power Generation with AVR. Total capacity is about 1.3GW. Turbines were booked in Q2 2026 and gearboxes and generators in Q3. Equipment will be integrated into Dynamis’ DT17 hypermobile power solution for data centers and oil and gas in North America.