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Woodside wraps up Tellurian acquisition, renames Driftwood LNG

By LNG Prime Staff
Woodside wraps up Tellurian acquisition, renames Driftwood LNG
Driftwood LNG site (Image: Tellurian)

Australian LNG player Woodside has completed the previously announced acquisition of US LNG developer Tellurian. Woodside also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG. 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…

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