08:31 AM EDT, 03/11/2025 (MT Newswires) -- Baker Hughes ( BKR ) will provide NextDecade ( NEXT ) with gas turbines and refrigerant compressors alongside maintenance services for Trains 4 through 8 at the Rio Grande liquefied natural gas facility under a newly signed framework agreement, the companies said Tuesday.

The companies said NextDecade ( NEXT ) is advancing plans for Trains 4 and 5 and expects to reach final investment decisions and begin construction, subject to regulatory approvals, contracts, commercial agreements, and financing. The company is also developing Trains 6 through 8, which would add about 18 million tonnes per year of liquefaction capacity, Baker Hughes ( BKR ) and NextDecade ( NEXT ) said.

Baker Hughes ( BKR ) expects to receive equipment orders as the project moves forward, according to the joint statement.

Shares of Baker Hughes ( BKR ) were up 1.5% in recent Tuesday premarket activity, while NextDecade ( NEXT ) stock rose nearly 3%.