Tellurian Inc. (NYSE American: TELL) and Aethon Energy Management LLC have entered into a significant agreement where Aethon will acquire Tellurian’s upstream assets for $260 million. This transaction not only expands Aethon’s operational footprint in the Louisiana Haynesville and Bossier shale basins but also includes a pivotal Heads of Agreement for the purchase of two […]
Tellurian Inc. (NYSE American: TELL), a notable player in the global natural gas market, has announced a strategic shift by engaging its financial advisor, Lazard, to explore potential opportunities for selling its upstream business. This move aligns with Tellurian’s ongoing commercialization efforts for the Driftwood LNG project and reflects a strategic reassessment of its assets […]
Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) have announced a pivotal agreement to supply key equipment for Phase 1 of the Driftwood LNG project. The deal includes the delivery of eight main refrigerant compression packages, featuring LM6000PF+ gas turbines, main refrigerant compressors, and control units. This significant partnership strengthens Driftwood’s ability to […]
Petronet LNG Limited India and its affiliates will negotiate the purchase of up to five million tons per annum (5 mtpa) of liquefied natural gas (LNG) from Driftwood LNG export terminal following a memorandum of understanding (MOU) with Tellurian. For the supply of 5 mtpa of LNG a year for more than 40 years, Petronet […]