Tellurian and Baker Hughes Announce Agreement for Driftwood LNG Phase 1 Liquefaction Equipment
06 9월 2023 - 10:00AM
Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR)
announced Wednesday an agreement to supply eight main refrigerant
compression packages for Phase 1 of the Driftwood LNG project. The
agreement secures a delivery schedule for the eight LM6000PF+ gas
turbines, main refrigerant compressors, and control units required
for Phase 1, supporting Driftwood’s ability to achieve initial
liquefied natural gas (LNG) production in 2027.
Baker Hughes is also on schedule to complete, by early next
year, fabrication of the electric-powered, zero-emissions
Integrated Compressor Line (ICL) packages and other turbomachinery
equipment for Driftwood Pipeline 200, following the award in
2022.
Tellurian President and CEO Octávio Simões said, “Bechtel has
done a tremendous job preparing the site and has already completed
the piling and compressor foundations for Plant 1 of Driftwood LNG.
This agreement with Baker Hughes firms up our plans to secure the
critical technology for Driftwood Phase 1. We value our continued,
long-term relationship with Baker Hughes for delivering industry
leading manufactured equipment and technology solutions to enhance
our ability to deliver clean energy to the world.”
“This agreement builds on the established collaboration between
Baker Hughes and Tellurian as we continue to execute on our scope
for the Driftwood Pipeline 200, which includes providing
zero-emissions ICL compressor packages for their first deployment
in North America,” said Lorenzo Simonelli, chairman and CEO of
Baker Hughes. “Leveraging our 30 years of experience in LNG and
broad portfolio of technologies for the natural gas value chain, we
are pleased to support Tellurian also for the Driftwood
liquefaction plant with our gas technology solutions.”
About Tellurian Inc.Tellurian intends to create
value for shareholders by building a low-cost, global natural gas
business, profitably delivering natural gas to customers worldwide.
Tellurian is developing a portfolio of natural gas production, LNG
marketing and trading, and infrastructure that includes an
~ 27.6 mtpa LNG export facility and an associated pipeline.
Tellurian is based in Houston, Texas, and its common stock is
listed on the NYSE American under the symbol “TELL”. For more
information, please visit www.tellurianinc.com.
Follow us on Twitter at twitter.com/TellurianLNG
About Baker HughesBaker Hughes (NASDAQ:
BKR) is an energy technology company that provides solutions to
energy and industrial customers worldwide. Built on a century of
experience and conducting business in over 120 countries, our
innovative technologies and services are taking energy forward –
making it safer, cleaner and more efficient for people and the
planet. Visit us at bakerhughes.com.
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING
STATEMENTSThis press release contains forward-looking
statements within the meaning of U.S. federal securities laws. The
words “anticipate,” “assume,” “believe,” “budget,” “estimate,”
“expect,” “forecast,” “initial,” “intend,” “may,” “plan,”
“potential,” “project,” “proposed,” “should,” “will,” “would,” and
similar expressions are intended to identify forward- looking
statements. Forward-looking statements herein relate to, among
other things, the capacity, timing, and other aspects of the
Driftwood LNG project, and development, construction and financing
activities. These statements involve a number of known and unknown
risks, which may cause actual results to differ materially from
expectations expressed or implied in the forward-looking
statements. These risks include the matters discussed in Item 1A of
Part I of the Annual Report on Form 10-K of Tellurian for the
fiscal year ended December 31, 2022, filed by Tellurian with the
Securities and Exchange Commission (the SEC) on February 22, 2023,
and other Tellurian filings with the SEC, all of which are
incorporated by reference herein. The forward-looking statements in
this press release speak as of the date of this release. Although
Tellurian may from time to time voluntarily update its prior
forward-looking statements, it disclaims any commitment to do so
except as required by securities laws.
For more information, please contact:
TellurianJoi LecznarEVP Public and Government
AffairsPhone +1.832.962.4044Email: joi.lecznar@tellurianinc.com
Baker Hughes Media RelationsChiara
ToniatoPhone: +39
3463823419 Email:
chiara.toniato@bakerhughes.com
Baker Hughes Investors RelationsChase
Mulvehill+1 281-809-9088Email:
investor.relations@bakerhughes.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d3e31bf4-f0c5-46c9-9334-dbc4e0044659
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