Tellurian CEO resigns, company explores sale options, including Driftwood export project.

LNG developer Tellurian is exploring all options, including a potential sale, after CEO Octavio Simoes stepped down. The company has been working on its Driftwood export project and hired Lazard to explore the sale of its Haynesville upstream business in East Texas and Louisiana. Lazard will now also focus on alternative debt and equity financing, the sale of equity interests in Driftwood or Tellurian, a potential sale of the company, and assisting in securing commercial partners.

March 18, 2024
8 Articles