Tellurian shares are trading higher after the company and Baker Hughes announced an agreement for the supply of eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
Portfolio Pulse from Benzinga Newsdesk
Tellurian and Baker Hughes have announced an agreement for the supply of eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project. This has led to a rise in Tellurian's share prices.
September 06, 2023 | 7:13 pm
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POSITIVE IMPACT
Tellurian's stock price is rising after announcing a supply agreement with Baker Hughes for the Driftwood LNG project.
The agreement with Baker Hughes for the supply of equipment for the Driftwood LNG project is a positive development for Tellurian. This could potentially increase the company's revenues and profitability, leading to a rise in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100