Baker Hughes will supply equipment for two liquefaction plants with a total capacity of about 11 mtpa. The order marks a "significant milestone" as Woodside targets final investment decision
the foundation development.
Woodside said the estimated forward cost for the foundation development is $900-960/tonne, unchanged from the range at the time of acquisition.
The Australian company now owns US LNG developer Tellurian and its Driftwood LNG project.
In October, Woodside 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 also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG and named new directors.
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