Delfin Midstream Inc. (“Delfin”) announced that it has issued a Limited Notice to Proceed (LNTP) to Siemens Energy, Inc. for the procurement of long-lead equipment, including four SGT-750 gas turbines and mixed-refrigerant compressors, for its second floating LNG production vessel (FLNG2) to be deployed offshore Louisiana. The LNTP marks a major milestone ahead of the project's targeted Final Investment Decision (FID) by the end of 2026.
In parallel with the LNTP, Delfin and MidOcean Energy ("MidOcean"), an LNG company formed andmanaged by EIG, have entered into an agreement pursuant to which MidOcean can acquire up to a 50% equity interest in FLNG2 and receive a corresponding share of LNG produc9on, subject to a posi9ve FID and the sa9sfac9on of customary condi9ons precedent. The FLNG2 vessel will leverage the established design of Delfin's FLNG1 vessel, which reached FID on June 3, 2026, and is currently in execu9on, providing significant schedule and cost certainty.
Delfin and MidOcean are also collabora9ng on future pre-development ac9vi9es to accelerate a poten9al third floa9ng LNG vessel ("FLNG3") following FLNG2, reflec9ng the par9es’ shared commitment to expanding Gulf Coast LNG supply to meet growing global demand.
Dudley Poston, Delfin CEO, said: "This milestone underscores the commercial readiness of our floa9ng LNG pla`orm, and is another significant step towards global energy security rapidly following a posi9ve FID for Delfin’s FLNG1. Securing manufacturing slots for cri9cal long lead equipment with Siemens Energy is an important advancement in de-risking the project schedule as we work toward FID for the second vessel. We are pleased to partner with MidOcean, whose deep LNG exper9se and financial
capabili9es make them an ideal partner for FLNG2 and beyond."
De la Rey Venter, CEO of MidOcean Energy, said: "The issuance of LNTP to Siemens Energy is a tangible demonstra9on of the momentum behind the FLNG2 project and the strength of our partnership with Delfin. MidOcean's poten9al par9cipa9on in FLNG2 is consistent with our strategy to build a diversified, cost-compe99ve global LNG por`olio. The project's repeat-design approach offers an abrac9ve riskreturn profile and meaningful execu9on advantages for all project stakeholders. We look forward to con9nue working with Delfin toward a final FLNG2 investment decision and to exploring further growth opportuni9es together, including the accelera9on of FLNG3."
Project Overview
FLNG2 will leverage the same design used for FLNG1, with an expected nameplate capacity of 4.4 mtpa, u9lizing Siemens Energy SGT-750 gas turbines and mixed-refrigerant compression technology. The vessel will be moored offshore Louisiana in the Gulf of America and will connect to exis9ng offshore pipeline infrastructure at the Delfin Deepwater Port, benefi9ng from the broader port build-out already underway as part of a phased mul9-vessel development. The repeat-design approach is expected to reduce execu9on risk and compress the construc9on 9meline. Upon reaching a posi9ve FID, the project would progress to a Full No9ce to Proceed ("FNTP") and the broader engineering, procurement, and construc9on contractor scope.
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