Delfin LNG Project Moves Closer to FID as SHI Gets Extension

Delfin Midstream has extended a letter of award with Samsung Heavy Industries (SHI) and placed orders for critical liquefaction equipment, as the company moves toward a final investment decision on the first floating LNG vessel for its Delfin LNG project.

The U.S.-based developer said the extension of the letter of award with SHI follows early engagement work carried out in recent weeks and comes as the remaining workstreams required to reach FID are nearing completion. Delfin expects to take a final investment decision during February 2026.

Separately, Delfin has entered into a letter of award with Black & Veatch to execute a purchase order with Siemens Energy for gas turbine mechanical drive packages. The move follows a July 2025 agreement reserving Siemens Energy manufacturing capacity and a limited notice to proceed issued later that year for initial execution work.

Manufacturing of the turbine packages has now begun under contract with Black & Veatch, which will act as prime subcontractor to SHI for topsides engineering and procurement, as well as pre-commissioning and commissioning services. The Delfin LNG project will use Black