SINGAPORE, October 9 – Tellurian Inc. (NYSE American: TELL) and Baker Hughes (NASDAQ: BKR) have jointly announced a significant agreement aimed at supplying essential equipment for Phase 1 of the Driftwood LNG project. This strategic agreement solidifies the delivery schedule for eight LM6000PF+ gas turbines, main refrigerant compressors, and control units, all of which are essential components for Phase 1 of the project.
The partnership is crucial in supporting Driftwood’s ambitious goal of initiating liquefied natural gas (LNG) production by 2027. Baker Hughes, in addition to this agreement, is making impressive strides towards completing the fabrication of electric-powered, zero-emissions Integrated Compressor Line (ICL) packages and other key turbomachinery equipment for Driftwood Pipeline 200. This progress follows the award received in 2022, and the work is on track to be finished by early next year.
Tellurian President and CEO, Octávio Simões, expressed the significance of this collaboration, emphasizing the preparedness of the site by Bechtel and the completion of essential groundwork for Plant 1 of Driftwood LNG. Simões stated, “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.”
Lorenzo Simonelli, Chairman and CEO of Baker Hughes, echoed this sentiment, highlighting the ongoing collaboration between the two companies. Simonelli stated, “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.” Simonelli emphasized Baker Hughes’ extensive experience in LNG and its broad portfolio of technologies for the natural gas value chain, expressing their commitment to supporting Tellurian in realizing the Driftwood liquefaction plant with advanced gas technology solutions.
