Delfin Midstream approves $5bn FID for Delfin LNG project phase one
The planned Delfin FLNG 1 is set to become the first FLNG production facility in the US.
04 June 2026
04 June 2026
The planned Delfin FLNG 1 is set to become the first FLNG production facility in the US.
The report projects $3.4trn in global energy investment in 2026, with more going into grids, storage, nuclear and renewables, while oil spending falls for a third straight year.
At 07:29 GMT on 4 June, Brent crude had fallen by $0.77 to $97.03/bbl, while WTI had dropped by $0.70 to $95.32/bbl.
The LTA will help execute major energy, downstream, petrochemical and low-carbon projects.
The contract covers Bacalhau well tie-ins, installation of rigid jumpers and flying leads, and associated pre-commissioning work.
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