Baker Hughes bags contract for Woodside’s Louisiana LNG project

US energy services firm Baker Hughes has secured an order from compatriot Bechtel to supply gas technology equipment for the first phase of Woodside's Louisiana LNG export project.

Baker Hughes will supply equipment for two liquefaction plants with a total capacity of about 11 mtpa.

The order marks a “significant milestone” as Woodside targets final investment decision (FID) readiness from the first quarter of 2025, Baker Hughes said on Monday.

Also, the award includes eight main refrigeration compressors driven by LM6000PF+ gas turbines and eight expander-compressors.

Baker Hughes did not provide the price tag of the contract.

The company said its history of working with Bechtel and Woodside will support the delivery of Phase 1 of the project.

In addition to this award, Baker Hughes was previously selected to supply Woodside electric-powered integrated compressor line (ICL) packages and other turbomachinery equipment for the associated pipeline serving the LNG export terminal, the company noted.

Earlier this month, Australian LNG player Woodside and Bechtel 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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