LNG developer Tellurian to not extend CEO's employment term
3/4/2024
(Reuters) - LNG developer Tellurian said it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business as it no longer sees it "a core strategic need"
The company, which is struggling to keep its Driftwood LNG project alive, late last year ousted its chairman and co-founder, Charif Souki.
Tellurian has not been able to attract the commercial support for the Driftwood project and is yet to give the financial green light to the project.
Related News
Related News
Sign up to Receive Our Newsletter
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
Comments