Woodside moves closer to Tellurian deal closing as stockholders approve agreement

Woodside Energy is closer to closing on its plan to acquire Tellurian Inc. for $900 million as Tellurian stockholders have now approved the merger agreement proposal. Tellurian noted the approval in a press release Oct. 4. 

At a conference held in Houston in September, Woodside chief executive officer and managing director Meg O’Neill said she expected the deal, originally announced in July of this year, to close in October (OGJ Online, Sept. 17, 2024; July 22, 2024).

Tellurian, Houston, has been working to develop the fully permitted, 27.6 million tonnes/year Driftwood LNG plant and associated pipeline network under pre-FID in Louisiana.