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23 min ago 2 min read
LNG export project developer Delfin Midstream has issued a limited notice to proceed to Siemens Energy for the procurement of equipment for its second floating LNG (FLNG 2) vessel, located offshore Louisiana.
It represents a key pre-final investment decision (FID) move as parties target FID by the end of 2026. The procurement of long lead equipment includes four SGT-750 gas turbines and mixed-refrigerant compressors.
Delfin and MidOcean Energy, an LNG company formed and managed by EIG, have entered into an agreement in which MidOcean can buy up to a 50% equity interest in FLNG2 and receive a corresponding share of LNG production, subject to a positive FID.
The FLNG2 vessel -will leverage the established design of Delfin’s FLNG1 vessel, which . LNG production is expected to begin in 2030.
FLNG2 will have an expected nameplate capacity of 4.4 mtpa.
Delfin and MidOcean are also collaborating on future pre-development activities to accelerate a potential third floating LNG vessel, reflecting the parties’ shared commitment to expand Gulf Coast LNG supply to meet growing global demand.
Dudley Poston, Delfin CEO, said securing manufacturing slots for critical long lead equipment with Siemens Energy is an important advancement in de-risking the project schedule.
De la Rey Venter, CEO of MidOcean Energy, said the project’s repeat-design approach offers an ‘attractive risk-return profile’.
Globally FLNG capacity is expected to more than triple by 2030. As demand for US natural gas grows, developers look to FLNG as a faster way to export gas without the heavy price of building on land.
