Several companies that provide services or equipment for LNG exports could benefit from the ruling, according to Citi analyst Scott Gruber.
Baker Hughes (BKR) is set to supply spare parts, field services, equipment refurbishment and digital performance services for Woodside Energy's turbomachinery maintenance and upgrades.
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, and the count for natural gas also declined.