As it awaits the closure on its acquisition of Tellurian Inc., Woodside Energy Group Ltd. is forging ahead landing equity partners and customers that can help it optimize the Driftwood LNG project and its new North American foothold, CEO Meg O’Neill said.
The Australian oil and gas giant disclosed in July that it planned to acquire the 27.6 million metric tons/year (mmty) proposed Driftwood export project in Louisiana. That deal is expected to close by the end of the year, pending approval by shareholders in October and positive regulatory reviews.
In the roughly two months since then, O’Neill said the firm has moved from searching for ways to build its North American portfolio at scale to gathering the right partners, both in the U.S. upstream and abroad. This would be a precursor to the liquefied natural gas project.
