Oct 23 (Reuters) - Oilfield services provider Baker

Hughes ( BKR ) surpassed Wall Street expectations for

third-quarter profit on Thursday, helped by strength in its

industrial and energy technology unit.

As oilfield services firms navigate a volatile market,

resilient areas like LNG infrastructure, power grid upgrades,

and growing electricity demand from data centers are helping

support growth.

Baker has been also leaning on its industrial and energy

technology (IET) division to strengthen its footprint in the

natural gas and LNG market, a strategy expected to underpin

revenue growth and positioning in the energy transition.

IET backlog grew 3% sequentially, reaching a new record of

$32.1 billion, the company said.

The Houston-based company posted an adjusted profit of

68cents per share for the three months ended September 30,

compared with analysts' estimates of 62 cents per share,

according to data compiled by LSEG.