Focus on Driftwood LNG
Driftwood LNG is a fully permitted, pre-final investment decision (FID) development opportunity located near Lake Charles, Louisiana. The development plan comprises five LNG trains through four phases, with a total permitted capacity of 27.6 Mtpa. The foundation development includes Phase 1 (11 Mtpa) and Phase 2 (5.5 Mtpa). The original developer (Tellurian) was targeting FID readiness for Phase 1 of the Driftwood LNG development opportunity from the first quarter of 2025. The project was acquired from Tellurian by Woodside Energy in July 2024.
Woodside completes $1.2 billion Tellurian acquisition
Woodside Energy said on Wednesday it has completed the acquisition of U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast LNG...
Tellurian shareholders vote for proposed $1.2 billion Woodside deal
Tellurian shareholders back Woodside's $1.2B buyout, aiming to resolve financial hurdles for U.S. Driftwood LNG project expansion.
Woodside profit beats estimates, flags much interest for Driftwood sale
Woodside Energy profits slump but still beat expectations, while proposed sale of stake in US LNG project sparks interest.
Woodside to Acquire Tellurian and Driftwood LNG
HOUSTON--(BUSINESS WIRE)--Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian (NYSE: TELL) including its owned...
Aethon Energy to buy Tellurian upstream assets for $260 million
Aethon's Tellurian deal to buy two million tons of LNG a year comes as a boost to the developer's Driftwood project.
US LNG developer Tellurian sends production workers home amid sale talks
Houston-based LNG developer Tellurian has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its...
Top Tellurian executives poised for big payday if LNG plant goes ahead
Top executives of U.S. liquefied natural gas developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant...
