Delfin Midstream secures strategic agreement with Siemens Energy and Samsung

Delfin Midstream reserves gas turbine manufacturing capacity with Siemens Energy and initiates an early works programme with Samsung Heavy Industries, ahead of its anticipated final investment decision in the autumn.

Partagez:

Delfin Midstream Inc. (“Delfin”) has signed an agreement with Siemens Energy Inc. (“Siemens Energy”) to secure manufacturing capacity for four sets of SGT-750 mechanical drive gas turbines. This equipment will be used to drive the mixed refrigerant compressors within the liquefied natural gas (LNG) liquefaction system developed by Delfin. The announcement comes as part of preparations leading up to a Final Investment Decision (FID) that Delfin plans to take during autumn 2025. The project, based in Louisiana and the Gulf of Mexico, is described as a major energy infrastructure project in the United States.

Preliminary programme with Samsung Heavy Industries

In addition, Delfin has initiated an early works programme with Samsung Heavy Industries (“SHI”) and the engineering company Black & Veatch Inc. (“B&V”). This programme aims to further define technical specifications for the company’s first Floating Liquefied Natural Gas (FLNG) vessel. The objective is to provide a solid basis for the future lump-sum turnkey Engineering, Procurement, Construction and Integration (EPCI) contract. This preliminary work is also intended to ensure that contractors are ready to execute the project immediately after the FID is confirmed.

Dudley Poston, Chief Executive Officer of Delfin, stated: “All work is proceeding according to the planned schedule. The investment made to secure manufacturing capacity is critical for maintaining our timeline, with delivery of the first FLNG vessel by Samsung Heavy Industries expected in 2029.”

Strategic licence received from MARAD

On March 21, 2025, Delfin LNG LLC, a subsidiary of Delfin, obtained the first deepwater port licence issued by the U.S. Maritime Administration (“MARAD”). This licence authorises the company to own, construct, operate and export liquefied natural gas from the United States. The authorisation, issued in accordance with the Deepwater Port Act of 1974 and MARAD’s Record of Decision from 2017, also aligns with the executive order signed by President Trump on January 20, 2025, titled “Unleashing American Energy”.

Delfin’s FLNG project plans to operate up to three floating units with a total annual production capacity of 13.2mn tonnes of LNG. Due to cost-effective floating technology, the existing deepwater port infrastructure requires minimal additional investment to reach its full production capacity. The company anticipates its project potentially becoming the first deepwater port facility dedicated to LNG export in the United States, providing significant economic contributions.

Siemens technology at the heart of the project

Karim Amin, Executive Board Member of Siemens Energy, noted that the gas turbines selected by Delfin feature a modular design and an excellent power-to-weight ratio. “Siemens Energy turbines offer technical characteristics particularly suited to the planned U.S. offshore project, notably due to their efficient operation under diverse conditions,” he stated.

Golar LNG Limited has completed a private placement of $575mn in convertible bonds due in 2030, using part of the proceeds to repurchase and cancel 2.5 million of its own common shares, thus reducing its share capital.
Shell Canada Energy announces shipment of the first liquefied natural gas cargo from its LNG Canada complex, located in Kitimat, British Columbia, primarily targeting fast-growing Asian economic and energy markets.
The Australian government is considering the establishment of an east coast gas reservation as part of a sweeping review of market rules to ensure supply, with risks of shortages signalled by 2028.
The increase in oil drilling, deepwater exploration, and chemical advances are expected to raise the global drilling fluids market to $10.7bn by 2032, according to Meticulous Research.
Enbridge Gas Ohio is assessing its legal options following the Ohio regulator's decision to cut its revenues, citing potential threats to investment and future customer costs.
The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.
The European Union extends gas storage regulations by two years, requiring member states to maintain a minimum fill rate of 90% to ensure energy security and economic stability amid market uncertainties.
Energy Transfer strengthens its partnership with Chevron by increasing their liquefied natural gas supply agreement by 50% from the upcoming Lake Charles LNG export terminal, strategically aiming for long-term supply security.
Woodside finalises the divestment of a 40% stake in the Louisiana LNG project to Stonepeak, injecting $5.7 billion to accelerate developments and optimise financial returns ahead of first gas delivery scheduled in 2026.
Keranic Industrial Gas seals a sixty-day exclusivity deal to buy Royal Helium’s key assets, raise CAD9.5mn ($7.0mn) and bring Alberta’s Steveville plant back online in under fifteen weeks.
The Irish-Portuguese company Fusion Fuel strengthens its footprint in the United Arab Emirates as subsidiary Al Shola Gas adds AED4.4 mn ($1.2 mn) in new engineering contracts, consolidating an already robust 2025 order book.
Cheniere Energy validates major investment to expand Corpus Christi terminal, adding two liquefaction units to increase its liquefied natural gas export capacity by 2029, responding to recent international agreements.
A study by the International Energy Agency reveals that global emissions from liquefied natural gas could be significantly reduced using current technologies.
Europe is injecting natural gas into underground storage facilities at a three-year high, even as reserves remain below historical averages, prompting maximized imports of liquefied natural gas (LNG).
South Korea abandons plans to lower electricity rates this summer, fearing disruptions in liquefied natural gas supply due to escalating geopolitical tensions in the Middle East, despite recent declines in fuel import costs.
Russia positions itself to supply liquefied natural gas to Mexico and considers expanded technological sharing in the energy sector, according to Russian Energy Minister Sergey Tsivilyov.
Israel has partially resumed its natural gas exports to Egypt and Jordan following a week-long halt due to the closure of two major offshore gas fields, Leviathan and Karish.
Nepal reveals a significant potential reserve of methane in the west of the country, following exploratory drilling conducted with technical support from China, opening new economic prospects.
Petronas formalizes a memorandum with JOGMEC to secure Japanese LNG deliveries, including a first cargo from LNG Canada scheduled for July at Toho Gas.
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.