
Accelleron's H1 2026 revenue rose 21% as data center prime power turbocharger deliveries doubled to 5 GW, prompting a raised full-year outlook.
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Accelleron's H1 2026 revenue rose 21% as data center prime power turbocharger deliveries doubled to 5 GW, prompting a raised full-year outlook.

Siemens Energy is working with Goldman Sachs on a majority stake sale of its steam turbine and compressor unit, a deal that could exceed €10 billion.

Doosan Enerbility signed a $683 million EPC contract to build Oman's 1,700 MW Misfah combined-cycle gas plant, its second major Omani award this year.

Ebara Elliott Energy and Doosan will integrate gas turbines and centrifugal compressors for LNG trains, targeting commercial readiness in 2028.

Rolls-Royce and Reliance Industries announced plans to jointly develop a sovereign combat engine for India's fifth-generation AMCA stealth fighter program.

Texas hybrid plant pairs HA gas turbines with BWRX-300 SMRs, using modular builds to deliver fast baseload power for data centers.

New AEDS tools integrate cooling

Baker Hughes joins Kuwait Oil Company’s innovation hub, launching an R&D center to deploy AI automation with particular emphasis on digital solutions, artificial intelligence-driven automation, and fit-for-purpose technologies.

Dynamis Power Solutions has awarded Baker Hughes an order for 76 NovaLT16 gas turbines totaling approximately 1.3 GW to power its new DT17 hypermobile platform.

DOE offers up to $65.5M for cost-shared R&D boosting oil and gas infrastructure—new opportunities for compressors, pumps, and reliability tech.

Siemens Energy's Gas Services orders surged 62% to a record as the company joined GE Vernova and Baker Hughes in reporting a record turbomachinery quarter.

Ebara Elliott Energy wins major Middle East gas project deal, supplying nine high-pressure centrifugal compressor trains for L&T with phased delivery.

Baker Hughes wins CP2 LNG expansion order, delivering six SMR liquefaction blocks and compressors to scale U.S. Gulf Coast exports.

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Record IET orders fuel Baker Hughes’ $37B backlog as LNG liquefaction and data-center power turbine demand accelerates, reshaping supply chains.

Ebara earns first marine type approval for liquid hydrogen cargo pumps, accelerating LH₂ shipping projects with certified, safer cryogenic equipment for next-generation carriers.

First Hydro Company selected GE Vernova to modernize two units at Dinorwig, Europe's largest pumped storage plant, extending its life by 25+ years.

GE Vernova's Power segment orders jumped 134% in Q2 2026 as gas turbine backlog reached 116 GW; the company now targets 125 GW under contract by year-end.


MTU Maintenance signed an exclusive five-year MRO contract with Petrobras covering 10 LM6000 industrial gas turbines and three hot sections in Brazil.

Siemens Energy is rebranding as Omterra, unifying its gas turbine, compressor, and Siemens Gamesa wind portfolios under one corporate identity.

HECO swaps aging oil steam units for fast-start LM6000VELOX turbines at Waiau, adding 250MW firm capacity and boosting renewables reliability.

Baker Hughes completes its Chart Industries acquisition, forming a new industrial segment with expanded capabilities in LNG, hydrogen, and thermal management.

GE Vernova's expanded Frontier Campus in Niskayuna adds labs and testing space for power electronics, advanced materials, and grid-scale simulation research.

Entergy and MHI Group have formalized an MOU pairing M501JAC gas turbines with carbon capture technology to cut CCS costs by 50% across Gulf South power sites.
![[Howden Frankenthal TWIN turbine] | Image Credit: Howden](https://cdn.sanity.io/images/0vv8moc6/turbomag/5f5d831124199c4b7fe24bde4cfd27587653d3e7-1100x895.jpg?w=350&fit=crop&auto=format)
The deal marks a concrete step toward industrialized micro-nuclear deployment and a potential new demand category for sub-10 MWe turbomachinery manufacturers.

Baker Hughes secured three contracts for Cheniere's Sabine Pass LNG expansion, covering Train 7 equipment, BOG re-liquefaction, and fleet-wide turbine upgrades.

Baker Hughes will supply NovaLT16 and Frame 5 turbines for Kodiak projects targeting up to 1.8 GW of behind-the-meter power.

Mitsubishi Power will supply parts and services for Ilihan’s M501G fleet to support reliability on the Luzon grid.

Hanwha Power commissioned three fuel gas compressors for the 950-MW Trumbull Energy Center, marking its entry into the U.S. market.

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