Tellurian And Baker Hughes Strike Deal For Driftwood LNG Phase 1 Liquefaction Equipment
Portfolio Pulse from Benzinga Newsdesk
Tellurian Inc. (TELL) and Baker Hughes Co. (BKR) have entered into an agreement for the provision of liquefaction equipment for Phase 1 of the Driftwood LNG project. The deal is expected to boost Tellurian's production capacity and Baker Hughes' equipment sales.
September 06, 2023 | 5:47 am
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POSITIVE IMPACT
The agreement with Tellurian is expected to increase Baker Hughes' equipment sales.
The deal with Tellurian will likely increase Baker Hughes' equipment sales, which could potentially lead to increased revenues and a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The deal with Baker Hughes is expected to boost Tellurian's production capacity for the Driftwood LNG project.
The deal with Baker Hughes will provide Tellurian with the necessary equipment for Phase 1 of the Driftwood LNG project. This is expected to increase Tellurian's production capacity, which could potentially lead to increased revenues and a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80