Baker Hughes announced a Power Frame Agreement with Venture Global and GE Vernova on Thursday, Oct. 15, 2026. The framework covers gas and steam turbines plus associated equipment and services for up to 16 new power island units. Deliveries are scheduled from 2028 through 2034.

The point of the deal is a repeatable template. It is a framework, not a firm order book, and the first purchase order has yet to be placed.

What the agreement covers

The framework is designed to support behind-the-meter power generation in the United States. Baker Hughes said it serves Venture Global's continued LNG production and liquefaction, and potential future LNG-adjacent data center projects.

Beyond the turbines, Baker Hughes will provide the controls and electrical integration technology needed to run each island, including the E-house and electrical control systems.

The agreement builds on the LNG power island architecture Baker Hughes has already deployed for Venture Global facilities. The company describes it as a repeatable model for behind-the-meter generation serving LNG production and related industrial operations at scale, with potential support for adjacent applications.

Timing

Venture Global currently expects to place the first power island purchase order by the end of 2026. Additional orders are anticipated beginning in 2027. Deliveries contemplated under the agreement run from 2028 through 2034.

What Baker Hughes said

Baker Hughes Chairman and CEO Lorenzo Simonelli said the framework "will replicate what we have already built with Venture Global." He tied behind-the-meter generation to both LNG operations and the AI economy.

Our read

The useful detail is the structure. A framework with a delivery window out to 2034 lets Venture Global order island by island as projects firm up, while Baker Hughes holds a defined slot in the sequence. The size of the commitment will show up in purchase orders, starting with the one Venture Global expects by year end.