Month: September 2026

• Secured a substantial order to supply gas compression systems for the Cloud Connector Pipeline project
• Awarded a major order for a modular liquefaction solution supporting Plaquemines LNG facility expansion
• Awards deepen long-standing strategic collaboration with Venture Global

HOUSTON and LONDON, Sept. 13, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR) and Venture Global LNG are expanding their long-standing collaboration to advance critical U.S. gas infrastructure. Reinforcing Baker Hughes’ connected capabilities across the natural gas value chain, the company will provide gas compression systems for the Cloud Connector Pipeline project in Louisiana, as well as a modular liquefaction solution including cold boxes to support the expansion of the Plaquemines LNG facility.

Together, the pipeline and liquefaction awards demonstrate the critical role of integrated natural gas infrastructure in expanding LNG supply and enhancing energy security for global markets. The substantial pipeline award, which includes 13 gas compression systems driven by Frame 5/2E gas turbines, represents one of the largest deployments for LNG feed gas transportation in the United States. This will enable reliable and efficient transportation of feed gas through the Cloud Connector Pipeline to Venture Global’s Plaquemines facility.

Under the major liquefaction award, Baker Hughes will provide four liquefaction blocks, comprising a total of eight liquefaction modules, to support additional LNG production capacity at Plaquemines LNG facility. The liquefaction blocks include Chart cold boxes.

“Baker Hughes has been a trusted partner across our LNG developments, both at our LNG facilities and across our pipeline infrastructure,” said Mike Sabel, CEO of Venture Global. “As we advance the expansion of Plaquemines LNG, this collaboration not only supports our expansion plans, but also helps ensure we deliver the reliable feed gas transportation necessary to realize our mission of supplying secure LNG to global markets.”

“U.S. natural gas is helping to deliver the energy continuity required for industries, communities, and economies to thrive, grow and innovate. Baker Hughes is proud to work alongside our partners at Venture Global as they expand Plaquemines LNG, providing the critical energy infrastructure needed to meet growing global long-term global energy demand,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

The liquefaction solution provided by Baker Hughes for the Plaquemines expansion follows a similar scope recently awarded for the CP2 project. Each liquefaction block is based on two electric-motor driven, single mixed-refrigerant (SMR) liquefaction modules and associated compression trains featuring Baker Hughes’ advanced centrifugal compressor technology, as well as cold boxes, air coolers and integrated control systems.

The Cloud Connector award is the second order of Frame 5/2E gas turbine-driven centrifugal compressor packages for Venture Global’s feed gas pipeline, expanding the fleet to 23 Frame 5/2E-driven gas compression systems for the Plaquemines LNG facility. The award further strengthens Baker Hughes’ strategic relationship with Venture Global, supporting more than 100 MTPA of existing and planned LNG production capacity, and reinforces Baker Hughes’ role as a leading industrialized energy provider across the natural gas value chain.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Adrienne M. Lynch
+1 713-906-8407
adrienne.lynch@bakerhughes.com

Investor Relations

Chase Mulvehill
+1 346-297-2561
investor.relations@bakerhughes.com

Agreement brings delayed and real-time OTC Link pricing to CITIC Securities Brokerage (HK) Limited’s Hong Kong clients through its trading platforms

NEW YORK, Sept. 13, 2026 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced a market data licensing agreement with CITIC Securities Brokerage (HK) Limited, a subsidiary of CITIC Securities International, the international arm of CITIC Securities.

Under the agreement, CITIC Securities Brokerage (HK) Limited will distribute OTC Markets pricing data to clients through its browser-based trading platform and mobile application. Delayed Level 1 quote data from OTC Link ATS, OTC Markets’ primary trading venue for US OTC equity securities, will be available on a 15-minute delayed basis from 6:00 a.m. to 5:00 p.m. Eastern time as a baseline offering to CITIC Securities Brokerage (HK)’s broader client base. Real-time Level 1 data will be available to premium subscribers, giving those clients direct visibility into live U.S. quote and trade activity.

The agreement extends OTC Markets pricing data to CITIC Securities Brokerage (HK) Limited’s retail client base across Hong Kong, connecting investors with data on more than 12,000 securities quoted across OTC Markets’ OTCQX, OTCQB, OTCID and Pink Limited markets, including international companies from Euronext, LSE, TSE, ASX and other exchanges that are cross-traded in the U.S.

“Investors in Hong Kong are asking for more visibility into their U.S.-traded interests,” said Matt Fuchs, EVP, Head of Market Data at OTC Markets Group. “This agreement gives CITIC Securities Brokerage (HK)’s clients access to key quote data on more than 12K global names traded in USD.”

“Access to reliable U.S. market data is part of how we serve clients who invest globally,” said Alan Fan, Chief Operating Officer of CITIC Securities Brokerage (HK) Limited. “This agreement strengthens that offering across our key trading platforms.”

The agreement reflects the growing demand for OTC Markets’ data capabilities in the Asia-Pacific region. In May, JP Chan was appointed Senior Vice President and Regional Head, Asia-Pacific, to lead the company’s growth across the region from Hong Kong.

International companies represent more than 90% of total dollar volume traded on OTC Markets, and demand for that data among investors outside the U.S. continues to grow.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market, and Pink Limited™ Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS® are each an SEC-regulated ATS, operated by OTC Link LLC, a FINRA and SEC-registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

About CITIC Securities Brokerage (HK) Limited

CITIC Securities Brokerage (HK) Limited is the Hong Kong wealth management platform of CITIC Securities, a leading Chinese investment bank with top-tier asset management scale. It primarily provides diversified, multi-market asset allocation solutions to high-net-worth individuals and corporate clients, with products and services covering multiple asset classes including funds, trusts, bonds, structured investment products, securities and futures.

Media Contact:

OTC Markets Group Inc.
Phone: (212) 896-4428
Email: media@otcmarkets.com