Page 14 - BAKER HUGHES PR REPORT - NOVEMBER 2023

11/9/23, 4:26 PM Wison Offshore and Baker Hughes partner to deliver sustainable LNG solutions - Oil & Gas Middle East
formalize the development of a frame agreement to streamline business processes,
standardize technical products, and meet market opportunities and ensure optimum
solutions during bids and project execution.

Enhancing Collaboration and Supporting

Global Clean Energy

“The signing of this MoU is a significant milestone for both Wison Offshore and Baker
Hughes,” said Damien Nguyen, CTO of Wison Offshore. “This collaboration will not only
intensify our cooperation but also enhance our efforts to support the global clean energy

industry.”

“We are excited to partner with Wison Offshore to develop and deliver innovative solutions
for the LNG industry,” said Lorenzo Simonelli, Chairman and CEO of Baker Hughes. “This

collaboration aligns with our commitment to providing sustainable energy solutions and
supporting the transition to a lower-carbon future.”

The collaboration between Wison Offshore and Baker Hughes is expected to yield significant

benefits for both companies, including:

Enhanced market reach and access to new opportunities

Improved technical capabilities and expertise

Streamlined project execution and reduced costs

Strengthened commitment to sustainable energy solutions

This partnership is a testament to the growing importance of LNG as a clean and reliable
energy source. With the global demand for LNG expected to continue to grow in the

coming years, Wison Offshore and Baker Hughes are well-positioned to capitalize on this
trend and contribute to a more sustainable energy future.

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