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HomeDriftwood LNG

Driftwood LNG

Woodside
Finance

Woodside wraps up Tellurian acquisition, renames Driftwood LNG

October 9, 2024 Mariel Alumit

Woodside said on Wednesday it has acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share. The implied enterprise value is about $1.2 billion. Woodside announced on July 22 that […]

Woodside
LNG

Woodside sees big interest in Driftwood LNG stake sale

August 28, 2024 Stu Turley

Woodside announced on July 22 it has entered into a definitive deal to buy Tellurian. The company said the consideration for the transaction is an all-cash payment of about $900 million, or $1.00 per share of outstanding […]

Tellurian
LNG

Tellurian moving forward with Driftwood LNG work

August 23, 2024 Mariel Alumit

Tellurian issued a limited notice to proceed (LNTP) to compatriot engineering and construction giant Bechtel in March 2022. Under the first phase, Tellurian plans to build two LNG plants near Lake Charles with an export capacity of […]

Tellurian
Exports

Tellurian updates on Driftwood LNG construction work

May 21, 2024 Mariel Alumit

US LNG terminal developer Tellurian released the latest construction update for the first phase of its Driftwood LNG terminal in Louisiana, while it still works on securing financing for the project worth about $14.5 billion. […]

Tellurian
LNG

Tellurian’s net loss widens in Q1, Driftwood LNG talks continue

May 3, 2024 Stu Turley

US LNG firm Tellurian reported a widening first-quarter loss on Thursday, as it continues to work to secure financing for the first phase of its Driftwood LNG export plant in Louisiana. Tellurian reported a net […]

Williams
Finance

Williams Has No Plans to Take Over Natural Gas Company Tellurian

March 20, 2024 Mariel Alumit

Williams Companies has no plans to acquire Tellurian although it did consider a bid for the struggling LNG project developer. The statement, as carried by Reuters, follows a report about Tellurian saying that the company was considering […]

Tellurian
LNG

Tellurian expects to take FID on two Driftwood LNG plants in 2024

March 5, 2024 Stu Turley

US LNG firm Tellurian said on Monday it expects to take a final investment decision in 2024 to build the first two plants at its Driftwood LNG export plant in Louisiana. “Plants 1 and 2 […]

Tellurian
Exports

Tellurian secures more time to complete Driftwood LNG terminal

February 16, 2024 Mariel Alumit

US LNG terminal developer Tellurian has secured more time from the US FERC to complete the construction of its Driftwood LNG project in Louisiana. In April 2019, the FERC authorized Driftwood LNG to site, construct, […]

charter
LNG

Houston says Driftwood LNG SPA and equity talks ‘moving well’

January 31, 2024 Stu Turley

Tellurian’s commercial activities are “moving well and at pace” as the company continues to work with Bechtel on the site at its Driftwood LNG project in Louisiana, according to Tellurian’s co-founder and chairman, Martin Houston. […]

Exports

Tellurian provides update on Driftwood LNG construction

January 23, 2024 Mariel Alumit

US LNG terminal developer Tellurian released the latest construction update for its Driftwood LNG terminal in Louisiana, while it still works on securing financing for the project worth about $14.5 billion. Tellurian issued a limited notice […]

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