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MidOcean Energy to acquire Up to a 50% interest in Delfin FLNG2 project
Transactions - JULY 16, 2026

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MidOcean Energy to acquire Up to a 50% interest in Delfin FLNG2 project

by Kali Arevalo

Delfin Midstream has issued a limited notice to proceed (LNTP) to Siemens Energy for the procurement of long lead equipment in connection with Delfin’s second floating LNG production vessel (FLNG2), to be located offshore Louisiana.

FLNG2 will leverage the same design used for FLNG1, with an expected nameplate capacity of 4.4 million tonnes per annum. The vessel will connect to existing offshore pipeline infrastructure at the Delfin Deepwater Port, benefiting from the broader port build-out underway as part of a phased multi-vessel development.

The LNTP represents a key pre-final investment decision milestone as the parties continue advancing the project toward a targeted final investment decision by the end of 2026. Upon reaching a positive final investment decision (FID), the project would progress to a full notice to proceed and the broader engineering, procurement and construction contractor scope.

In parallel with the LNTP, Delfin has signed an agreement

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