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Woodside Signs Agreement for Louisiana LNG

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Woodside Signs Agreement for Louisiana LNG


PERTH, Australia, December 04, 2024–(BUSINESS WIRE)–Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the development of the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.

Bechtel has worked on site since the acquisition and will continue work under a limited notice to proceed (LNTP) executed under the revised EPC contract. The LNTP provides for continued site construction and commitment to certain key materials and services required for the foundation project.

Woodside CEO Meg O’Neill said the signing of the EPC contract and continuation of engineering and construction activities contemplated by the LNTP represented an important step in the development of Louisiana LNG.

“Louisiana LNG is positioned to provide LNG into the growing global market and generate value for shareholders in accordance with our capital allocation framework.

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“We continue to move at pace. In a short period of time, we have completed the acquisition, secured competitive revised EPC pricing that covers all three trains, and opened the data room with strong interest from potential project partners.

“Louisiana LNG is an advantaged project that is fully permitted and has Bechtel as the EPC contractor. The competitive pricing and schedule certainty we have now secured compounds this advantage in the current uncertain market environment for competing projects.”

Woodside continues to target final investment decision (FID) readiness from the first quarter of 2025.

Total Louisiana LNG expenditure from December to end of the first quarter of 2025 is forecast to be up to $1.3 billion, which is included in the overall estimated cost for the foundation development.

The estimated forward cost for the foundation development is $900-960/tonne, unchanged from the range at the time of acquisition.1

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1

Includes EPC, contractor completion incentive payments, owner’s costs, and contingency; excludes pipeline cost.

 

About Louisiana LNG

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Louisiana LNG is an under-construction, pre-FID, LNG production facility and export terminal in Calcasieu Parish, Louisiana. It is a high-quality, scalable development opportunity, with a total permitted capacity of 27.6 million tonnes per annum.

Louisiana LNG is a major growth opportunity that would expand Woodside’s US LNG position, enabling the company to better serve global customers and capture marketing optimisation opportunities across the Atlantic and Pacific Basins.

 

This announcement was approved and authorised for release by Woodside’s Disclosure Committee.

 

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Forward-looking statements

This announcement contains forward-looking statements with respect to Woodside’s business and operations, market conditions, results of operations and financial condition, including, for example, but not limited to, statements regarding the timing of completion of other transactions, the timing of completion of Woodside’s projects and expectations regarding future expenditures and future results of projects. All statements, other than statements of historical or present facts, are forward-looking statements and generally may be identified by the use of forward-looking words such as ‘guidance’, ‘foresee’, ‘likely’, ‘potential’, ‘anticipate’, ‘believe’, ‘aim’, ‘aspire’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘target’, ‘plan’, ‘forecast’, ‘outlook’, ‘project’, ‘schedule’, ‘will’, ‘should’, ‘seek’ and other similar words or expressions. Similarly, statements that describe the objectives, plans, goals or expectations of Woodside are forward-looking statements.



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Venture Global CP2 construction site in Cameron cleared after no threat found

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Venture Global CP2 construction site in Cameron cleared after no threat found


LAKE CHARLES, La. (KPLC) – The Venture Global CP2 construction site in Cameron has been cleared after a bomb threat was made Sunday, according to a spokesperson from Venture Global.

The bomb threat came in around noon on Sunday, according to officials. Louisiana State Police hazmat and bomb squads were called to investigate.

No shelter in place was deemed necessary and no roads were closed, according to the Cameron Parish Sheriff’s Office.

A Venture Global spokesperson released the following statement:

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“Venture Global was made aware of a bomb threat at our CP2 site and immediately activated our established emergency response protocols. We are coordinating closely with state and local authorities as they investigate. The safety and security of our employees and the surrounding community remain our highest priority.”



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Louisiana Children’s Museum hosts fifth annual Mud Fest

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Louisiana Children’s Museum hosts fifth annual Mud Fest


NEW ORLEANS (WGNO) — For the fifth consecutive year, the Louisiana Children’s Museum hosted its annual environmental festival, Mud Fest, on Saturday, March 28.

From 10 a.m.-4 p.m., parents and their little ones had the opportunity to have fun in the sun and enjoy the “highlight” of the museum’s spring season.

This event was inspired by the iconic New Orleans festival culture which includes good food, live music and a nice, high-energy atmosphere. Mud Fest is tailored for the “youngest environmental stewards” to have fun and make all the mess they want with mud.

Due to the Crescent City being surrounded by wetland habitats, we interact with water daily in both our rural and urban communities.

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The festival generates positive associations with our region and also builds critical thinking skills for future educators, engineers, fishermen and farmers. According to LCM, engaging with nature, water and plants “builds a child’s confidence and fosters a lifelong connection to the Earth.”

“As the Louisiana Children’s Museum celebrates its 40th anniversary, events like Mud Fest reflect our long-standing commitment to hands-on learning that sparks curiosity and connects children to the world around them,” LCM CEO Tifferney White said.

This year, Mud Fest had performances from young musicians of the School of Rock, the Louisiana Sunspots and more. There were also a storytelling stage and various family-friendly activities for visitors to engage in.

Mud Fest partnered with Pontchartrain Conservancy, STEM NOL, Whimscapes and Sugar Roots to put on the event.

Stay up to date with the latest news, weather and sports by downloading the WGNO app on the Apple or Google Play stores and by subscribing to the WGNO newsletter.

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Lana Del Rey gives rare look at modest Louisiana life

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Lana Del Rey gives rare look at modest Louisiana life


Lana Del Rey has enjoyed a low-key life with her gator tour guide husband Jeremy Dufrene in Louisiana and the talented singer recently gave an intimate peek into their relationship.

The 40-year-old Young And Beautiful hitmaker (born Elizabeth Grant) took to her Instagram to post a gallery celebrating the swamp guide’s 51st birthday.

The couple looked just as in love as ever following their wedding in September 2024.

Del Rey shared several recent videos from their modest life together including a cute selfie of the couple by the ocean while she let her natural beauty show by going make-up free.

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She also posted a cute video of Dufrene loading up the truck with plants they had just purchased from Home Depot and when he realizes he is being filmed, the Louisiana native flashed a big smile and proudly posed with a Jack-o’-lantern pot. 

 Del Rey also shared a snap of her hand gripping his wrist as her massive engagement ring could be seen in full view.

Lana Del Rey has enjoyed a low-key life with her gator tour guide husband Jeremy Dufrene in Louisiana and the talented singer recently gave an intimate peek into their relationship as she shared a tribute to him on his 51st birthday

Another snap showed Del Rey wearing one of Dufrene’s tour guide shirts featuring his name embroidered above the pocket. 

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Weeks ago the musical artist gave what appeared to be a glimpse into her married life in her new video.

Del Rey’s Insta Stories video opened with footage from the 1933 Betty Boop cartoon Snow-White, though it focused on a section starring the character Koko the Clown as he’s turned into a ghost.

Then the video abruptly cut to shaky handheld footage of Del Rey dancing with an ecstatic smile plastered on her face. 

The two have kept a relatively low profile since their wedding day but did make a notable appearance last month at the pre-New York Fashion Week Ralph Lauren show on February 10.

The happy couple even stopped for a romantic kiss as they walked the red carpet for the iconic designer.

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The couple first met in 2019 during one of Dufrene’s swamp excursions and reconnected years later, before tying the knot in September 2024.

In August, Del Rey revealed how she fell for her husband, a Louisiana bayou tour guide who spends his days surrounded by alligators. 

Join the debate

What do you think Lana Del Rey’s choice to marry a swamp guide says about fame and real love?

She posted a cute video of Dufrene loading up the truck with plants they had just purchased from Home Depot and when he realizes he is being filmed, the Louisiana native flashed a big smile and proudly posed with a Jack-o'-lantern pot

She posted a cute video of Dufrene loading up the truck with plants they had just purchased from Home Depot and when he realizes he is being filmed, the Louisiana native flashed a big smile and proudly posed with a Jack-o’-lantern pot

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Del Rey also shared a snap of her hand gripping his wrist as her massive engagement ring could be seen in full view

Del Rey also shared a snap of her hand gripping his wrist as her massive engagement ring could be seen in full view

Another snap showed Del Rey wearing one of Dufrene's tour guide shirts featuring his name embroidered above the pocket

Another snap showed Del Rey wearing one of Dufrene’s tour guide shirts featuring his name embroidered above the pocket

Del Rey also posted a video of the cover of their wedding album

Del Rey also posted a video of the cover of their wedding album

‘Like many people who work with large, dangerous beasts, Jeremy has a calm, strong presence,’ Del Rey told W magazine. 

‘When we met, I realized pretty immediately that I loved him, but that it might get difficult because of what I was bringing to the table,’ she continued.

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Del Rey added that Dufrene reassured her from the start: ‘I work with alligators — I have tough skin.’ 

And true to his word, he listened through all the drama: ‘All the things that made me upset — and there were so many! — he would just listen and say, “You be you — and I’ll just love you more.”’

Weeks ago the musical artist gave what appeared to be a glimpse into her married life and her new video

Weeks ago the musical artist gave what appeared to be a glimpse into her married life and her new video 

The two have kept a relatively low profile since their wedding day but did make a notable appearance last month at the pre-New York Fashion Week Ralph Lauren show on February 10

The two have kept a relatively low profile since their wedding day but did make a notable appearance last month at the pre-New York Fashion Week Ralph Lauren show on February 10 

The happy couple stopped for a romantic kiss as they walked the red carpet for the iconic designer

The happy couple stopped for a romantic kiss as they walked the red carpet for the iconic designer

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The couple first met in 2019 during one of Dufrene’s swamp excursions and reconnected years later, before tying the knot in September 2024

The couple first met in 2019 during one of Dufrene’s swamp excursions and reconnected years later, before tying the knot in September 2024

Tying the knot in 2024 didn’t make the spotlight any gentler. 

Del Rey recalled the intense scrutiny they faced, with drones reportedly hovering over their home to snap photos of their wedding and early days as newlyweds.

‘If I was him, I would have been nervous — my emotions were more overwhelming than usual, and my usual emotions can be quite overwhelming!’ she said with a laugh. ‘But Jeremy was fine. He told me, “Don’t worry about me.”’

And when it comes to music inspired by love, fans have already heard a peek. ‘Stars Fell on Alabama. I open my show with that song — that’s it, so far,’ she revealed. 

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‘Jeremy is the most impactful person in my life. He’s quiet in public, but around me he talks all the time.’ 



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