Chart wins Louisiana LNG gig

US LNG equipment maker Chart Industries has won a contract from compatriot Bechtel to supply liquefaction technology and cold boxes for the first phase of Woodside's Louisiana LNG export project.

Under the order awarded in December 2024, Chart will support Phase 1 of Louisiana LNG by providing two LNG plants comprising 16 cold boxes in total for 11 mtpa of production, Chart said in a statement on Tuesday.

Each LNG plant includes four heavies removal cold boxes and four LNG liquefaction cold boxes, according to Chart.

Chart did not provide the financial details of the contract.

US energy services firm Baker Hughes also announced this week that it has secured an order from Bechtel to supply gas technology equipment for the first phase of Woodside’s Louisiana LNG export project.

Australian LNG player Woodside and Bechtel recently signed a revised engineering, procurement, and construction (EPC) contract for the Louisiana LNG export project.

Woodside said the lump sum turnkey deal is for the three-train 16.5 mtpa foundation development of Louisiana LNG.

According to Woodside, total Louisiana LNG expenditure from December to end of the first quarter of 2025 is forecast to be up to $1.3 billion, which is included in the overall estimated cost for the foundation development.

Woodside said the estimated forward cost for the foundation development is $900-960/tonne, unchanged from the range at the time of acquisition.

The Australian company now owns US LNG developer Tellurian and its Driftwood LNG project.

In October, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share. The implied enterprise value is about $1.2 billion.

Woodside also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG and named new directors.

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