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Woodside Energy Acquires Tellurian, Renames Driftwood LNG Project

Summary by Investing News Network
Woodside Energy Group (ASX:WDS,NYSE:WDS,LSE:WDS) has completed its acquisition of US-based Tellurian, including the US Gulf Coast Driftwood liquefied natural gas (LNG) development opportunity.The transaction amounted to about AU$900 million in cash, or AU$1 per share. “This is a major growth opportunity that significantly expands our US LNG position, enabling us to better serve global customers and capture further marketing optimisation opportun…
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