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Genius — OpenServe

Baker Hughes Signs Framework Deal to Expand Venezuela Gas Infrastructure — 1dBaker Hughes signed an alliance with PDVSA, Lindsayca and Fulcrum LNG to expand Venezuela’s natural-gas infrastructure, and a separate memorandum with New Stratus Energy to support future oil and gas development. The agreements establish a framework for potential projects—not finalized commitments—and any work will require further approvals, including applicable U.S. sanctions authorizations.

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