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Woodside Sells $5.8B Stake in its Louisiana LNG Project

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Woodside Sells .8B Stake in its Louisiana LNG Project


 

Australian oil and gas company Woodside Energy is selling down its equity stake in its Louisiana LNG project, starting with the sale of a 40 percent stake to U.S.-based investment firm Stonepeak.

Woodside is getting near to a final investment decision on the LNG production and export project, which it acquired in a $900 million takeover of developer Tellurian last October. The cost of implementing the entire five-train facility near Lake Charles, Louisiana is estimated at $27 billion.

The Australian company says that the sale of the 40 percent stake to Stonepeak is timely. Stonepeak is expected to inject $5.7 billion in capital expenditure into the project, covering 75 percent of the project’s capital needs in both 2025 and 2026.

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Woodside says that the stake sale reduces its capital expenditure profile and brings the project one step closer to a FID. Talks continue with other potential partners as Woodside aims to sell another 10 percent stake in the project. Its aim is to retain a 50 percent operating stake in the megaproject, which will produce 27.6 million metric tons per annum (MTPA) when complete.

The transaction is expected to close in the second quarter, subject to a positive FID and the needed regulatory, legal, and other approvals. At that point, Stonepeak is expected to make available $2 billion as part of its capex contribution.

The Louisiana LNG project is being built in four phases. Phase I includes two trains with a capacity to produce 11 MTPA, while Phase II has one train with a capacity of 5.5 MTPA. In December last year, Bechtel was awarded the contract for phases one and two, which are estimated to cost $900 to $960 per tonne of capacity. Construction is already well under way, ahead of a final investment decision. 

“The project represents a compelling opportunity to invest in a newbuild LNG export facility nearing FID approval with an attractive risk-return profile and best-in-class partners in both Bechtel and Woodside to construct and operate the asset,” said James Wyper, Stonepeak Senior Managing Director and Head of US Private Equity.

He added the significant additional capacity from the Louisiana LNG project will be central in further propelling the status of the U.S as a leading LNG exporter. The country exported 11.9 billion cubic feet per day of LNG in 2024, remaining the world’s largest exporter.

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Louisiana

Louisiana-based study: Bariatric surgery holds promise for young patients

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Louisiana-based study: Bariatric surgery holds promise for young patients



A new study from researchers at LSU’s Pennington Biomedical Research Center, FMOL Health | Our Lady of the Lake Regional Medical Center, and the Metamor Institute found that metabolic and bariatric surgery can be delivered safely and effectively for adolescents and young adults living with severe obesity, leading to significant weight loss and improvements in obesity-related health conditions. 

Published in Obesity Surgery, the study examined outcomes from 76 patients ages 10 to 25 who underwent bariatric surgery through a Louisiana-based program at the Metamor Institute between January 2020 and March 2025. Researchers evaluated safety outcomes as well as longer-term health improvements associated with surgical obesity treatment.

The study found that patients achieved an average total body weight loss of 29%-32% maintained over one to five years. Among patients with available follow-up data, 94% experienced remission of type 2 diabetes, 67% showed improvement in hypertension and dyslipidemia and 64% experienced improvement in gastroesophageal reflux disease. Surgical complications remained low, with only 5% of patients experiencing complications within 30 days of surgery.

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Researchers noted that these outcomes were likely supported by a comprehensive, multidisciplinary care model that included experienced surgeons, nutritional guidance, behavioral support and coordinated medical follow-up. The study population represented a broad cross-section of Louisiana patients, with nearly 75% covered by Medicaid, highlighting the importance of ensuring access to effective obesity treatment options across socioeconomic backgrounds. 

The findings support current American Academy of Pediatrics recommendations that adolescents age 13 and older with severe obesity and related health risks be evaluated for metabolic and bariatric surgery as part of comprehensive, evidence-based obesity care.





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Meta’s Louisiana Data Center to Surpass $250 Billion Price Tag

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Meta’s Louisiana Data Center to Surpass 0 Billion Price Tag


Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana, pushing its total expected investment beyond $250 billion for the site as it continues to grow its artificial intelligence computing footprint.



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DeRidder man found dead in Sabine River

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DeRidder man found dead in Sabine River


NEWTON COUNTY, Texas. (KPLC) – A DeRidder man reported missing was found dead in the Sabine River Sunday morning, according to the Newton County Sheriff’s Office.

Newton County Sheriff Colton Havard said Jordan Jamal Allen was located around 7:50 a.m. on July 12 with help from Texas Parks and Wildlife game wardens, the Beauregard Parish Sheriff’s Office, and 409 Search and Rescue.

Authorities say the body was recovered not far from where Allen went under Friday night near the U.S. 190 bridge east of Bon Wier at the Texas-Louisiana state line.

The sheriff said that Allen and a woman were said to be wading across the river Friday when the current began pulling the woman.

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The sheriff said Allen tried to help her, but went under around 8:45 p.m. and wasn’t seen again. He said the woman made it back to land safely.

We will have more in this story as it develops.

Copyright 2026 KPLC. All rights reserved.



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