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ONE STOCK CAN CHANGE YOUR LIFE
— Stock PlayMaker 🌐 (@stockplaymaker1) June 29, 2024
FIND IT pic.twitter.com/D2dnZyCRtC
Lol, and agree with you JAB. I am, however, no longer a moderator and will hope one of you will take the roll to continue updating the intro board when news arrive!
No. You get it though.
Okay, time to chill. No more Life lessons. Political conversations should pertain to energy if at all. That pertains to me as well. Short, sweet and to the point focusing on Delfin & $TGLO.
Chen, let me share a story with you, 1996, I had a coffee shop in Quaker town in California called Whittier a few blocks away from Whittier College where President Nixon attended, one morning a little short man in his early 70's walks into the coffee shop and looks at the menu and asks, "Is your coffee good", I said, our coffee is roasted in Italy by Torrefazione, we have different blends, from light roast to dark roast, different regions of Italy, we get compliments all the time", then he said, "If I don't like the coffee, what would you do" to me his accent was like from the East Coast, probably from New York, at least that is what I thought, then I said "lets start with the light roast" he said, "What if I didn't like every roast you give me, what would you do then", I said, "Then we will try out the cappuccino or latte" mind you there were a few established customers inside the coffee and watching and listening to my conversation with this guy, he said, "What if I don't like them too", I said, "Then I will tell you to get the cluck out of my store", he turned around looked at my customers and said " I like this guy, I really like this guy" while motioning his finger at me, with his New York accent, at least that is what I thought his accent was, until he started showing up everyday and we became very good friends although some 40 years apart in age at the time and he told me he was from Boston and moved to Whittier, one morning he walks in and gave me brand new Swiss Army watch as a gift, everyday he would show up and have coffee with me and we would chat about all sort of things and laugh, but one morning he came in complaining about a back pain in the middle, it was around the same time when my dad was visiting from Iran, my mom and my dad had driven down to Whittier to the coffee house, I had a live band playing outside patio, my mom and dad were listening to the live bank, when Nick showed up, I told him that they were my parents, he walked up to my mom and shook her hand and believe or not grabbed my dads hands and pulled him and hugged him so hard and looked him right into his eyes and told him, I will see you soon. That right there caught my dad off guard to point when my dad and I went for a little walk, he asked me, why did that man hug me, I hardly know him and that is odd that he tells me, he will see me soon. Well Chen Nick died from lung cancer a week later and my father went back to Iran and died with cancer of Lymphoma three months later, although he knew he had 6 months to live but would not tell us, God rest his soul, he was my hero and I was pretty devastated by his passing. You see the moral of the story, life is too short. Nick didn't know my dad, just met him once and something told him telepathic that they will see each other on another life. The funny thing is I gave that watch to my mom, when she went back to Iran to see him and be with him for the next 3 months and she buried the watch with him
I just noticed that after you told me, guessing probably why is because Shelly gave me warnings 3-4 times not to talk about politics on this board and actually she gave me two last warnings and I definitely acknowledge that is my fault forgetting her warnings, not dissing it but forgetting it and it is subject that I am not even passionate about. That was her last warning. Going to give it shot to reapply. Thanks for the heads up, didn't realize it until you told me.
Final warning:
Please stop with the political posts on a stock specific board.
If you want to discuss politics, here are a couple of boards in the Free Zone you can choose from:
https://investorshub.advfn.com/boards/boards.aspx?cat_id=308
If you are a subscriber, below are some you could also participate on. All Members can read premium boards, only subscribers can post on them.
https://investorshub.advfn.com/boards/boards.aspx?cat_id=123
Alternatively, if none of those are of interest, you can create your own. Click on Menu (top right corner), go Boards/Stock and then click Create a New Board. In the drop down menu, you choose Free Zone - Politics or Premium Zone - Politics.
Dino, you no longer are a moderator?
Trudeau belongs to the Canadian liberal party. Many even describe him as a modern-day socialist. Even he understands how important LNG is for an economy AND for his nation's security. Why can't Biden and the Dems figure that out.
PM Justin Trudeau issued a video statement congratulating Cedar LNG on reaching FID
https://vimeo.com/964745695
Haha thanks, but to XL’s credit he did make the point first with Chevron under his new account and now deleted post
Interesting first two trades. Someone likes to play chicken game.
https://ih.advfn.com/stock-market/USOTC/theglobe-com-pk-TGLO/trades
XL is learning crayons from Golden Turd, but more importantly he is learning from Mr. C, due diligence and his outstanding and contributions to the board.
Thank you Mr. C. It’s a big day indeed for Natural Gas. No more arbitrary deadlines from the DOE. I do predict lawsuits will come within weeks!
The Biden DOE has made a lot of make-believe rules about LNG approvals outside the purview of the Natural Gas Act, solely at its discretion.
— All Things LNG (@AllthingsLNG) June 29, 2024
For instance, the arbitrary 7-year limit to finish the construction of an LNG plant has no basis in any US laws. The rules that govern… https://t.co/sFx2cO77fN
In other news, the Chevron Doctrine has been overturned by a 6-3 Ruling from the Supreme Court!
This makes much more difficult for the federal government to regulate the environment, public health, workplace safety and consumer protections.
I’m sure this invalidates the DOE’s LNG pause based on current litigation, let’s hope so now that Judges have much more discretion now. No longer can you make up regulations for your personal interest
Hey Mr. C - I think I might scoop up 5 - 10k at these prices NOVEMBER can't get here soon enough!!!
Do we open higher? Since I am considering buying more myself then I would assume yes as others likely are as well
Boys, looks like 2025 is looking bright for Delfin. See you all at NOLA!
I spit my water out when Trump was said, “I don’t know what he said, i don’t even think he knows what he said“ hahaha
Good for Delfin / $TGLO and LNG. Biden just lost the election in the first 15 minutes. They’re gonna switch him out maybe now
Biden suffers multiple brain freezes. The drugs are already wearing off… We just barely got started. pic.twitter.com/aS7hWBVaeZ
— Libs of TikTok (@libsoftiktok) June 28, 2024
Anyone watching the presidential debate? What the hell is going with Biden?
I don’t think they’re waiting for a change in $TGLO share structure after 6 years of owning it. Odds are the share structure will change or is in control of familiar entities.
Like I said, it’s not just changing your answers like some people thought.
Environmental analysis can take time and their consultant may not have been able to start the work right away.
Based on Dudley’s own words, I don’t expect the app and/or the EIS work to be complete for a couple of more months, depending on the order submitted.
I doubt they have to delay purposefully to get a response after January.
Internal reviews, other agencies, the public comment period, will all probably take us past the next admin.
It would be bad judgement call if they are waiting on Trump Presidency, very bad. Who knows, maybe they are waiting to see after the debates tonight, even then, unless one of them totally screws up to the naked eyes, millions and millions of people watching the debate tonight, historic event, this early in the election, either Biden has surprise for him or he doesn't. But that aside, Amended Application with MARAD still won't solve the main issue, 71% control for TGLO is simply not enough, maybe that is why they are taking their sweet time.
Delfin what is taking so long to file that Amended application?! It’s been almost 2 months since MARAD asked for it. I sincerely hope you aren’t waiting for a trump presidency.
It's funny, Delfin can advise Cedar and get them to FID, but can't seem to advise themselves in the past 7 years!!!!! Granted we are dealing with US politics, and Cedar is Canada. Come on Delfin lad's, let's go!
Delfin is now a technical advisor with no financial interests in the project. They divested from the project in June 2021.
https://delfinmidstream.com/cedar-lng/
I think they still have an economic interest in Cedar
That’s right. Pretty much all have been stagnant except Cedar and Delfin. pic.twitter.com/SMxrlmg3cT
— LNG Investor (@LNG_Investor_) May 28, 2024
Cedar LNG announces positive FID.
https://www.pembina.com/media-centre/news/details/1ef316a9-bdaa-44cc-93f0-06f6e4583a5a
At one point (if I recall) Delfin was involved or an advisor or something like that. Now Cedar has taken FID before Delfin.
Let’s go Dudley and team! Get this political
BS behind us and have L & W use their powers. Cedar shouldn’t be ahead of Delfin.
Delfin didn't make a single change to the project that MARAD didn't already know about. This is why people need to read all the letters back and forth between Delfin and MARAD. Delfin IMPROVED their technology based on already approved, up to date industry technology, and by doing so REDUCED their environmental impact. Projects are NOT required to do new environmental studies every time they make an improvement that is already known about within the industry.
I think Carolyn Davis from NGI made the same mistake I did and confused Mitsui and Co. with Mitsui O.S.K. Lines (MOL).
Mitsui Building Out Eagle Ford Natural Gas-Weighted Portfolio with Eye on LNG, CCS
By Carolyn Davis
7 hours ago
Japan’s Mitsui & Co. Ltd. is continuing to build out its Lower 48 natural gas-weighted holdings after clinching another acquisition in the Eagle Ford Shale of South Texas.
U.S.-based Mitsui E&P USA LLC said it bought the Tatonka gas assets from Sabana LLC and Vanna LLC. No financial details were disclosed.
The 46,500-acre assets offer “access to the Gulf Coast industrial area, which includes LNG export terminals and ammonia plants,” the company noted.
The strategy includes developing a project that could reach “full-scale development after 2026,” the executive team noted. The longer term outlook for domestic liquefied natural gas exports along the Gulf Coast appeared to be a major reason for the purchase.
“In the U.S., where demand for natural gas is expected to increase due to the start-up of new LNG projects and growth in demand for electricity, Mitsui is also promoting liquefaction and export of U.S. natural gas to global markets, and methanol production businesses using natural gas as feedstock,” executives said.
Mitsui has long been invested across the U.S. natural gas supply chain. In 2023, the company began to build its Eagle Ford footprint with an acquisition in the Hawkville field from Silver Hill Eagle Ford. Mitsui also holds interests in the Marcellus Shale and the Gulf of Mexico.
Last year, the company finalized an agreement to take a stake in Delfin Midstream Inc.’s 13.3 million metric ton/year (mmty) LNG project offshore Louisiana.
Mitsui also is an equity partner in Sempra Infrastructure’s Cameron LNG facility in Louisiana. South of the border, Mitsui is a joint venture partner in the Mexico gas import project, Manzanillo LNG, a 3.8 mmty import terminal in Colima.
“In addition to proactively pursuing upstream development projects, we will strengthen the natural gas value chain, including adjacent businesses, and work toward achieving further low-carbon solutions and decarbonization” by using carbon capture and storage (CCS) “and other measures,” executives said.
A partnership that includes Mitsui last year secured a contract in Texas for a CCS project. The plan is to store emissions offshore Corpus Christi in South Texas in an area that covers more than 140,000 gross acres of pore space. Spain’s Repsol SA owns a 40% stake in the partnership and is the operator. CCS expert Carbonvert Inc. also has 40% equity, while Mitsui and Posco International Corp. each hold 10%.
Mitsui in its medium-term management plan to 2026 said natural gas and LNG were to play an important role as "real solutions" for the energy transition
Sorry accidentally hit send I was just going to say attack on fossil fuels will get worse for 4 more years. Just a thought and IMO only
Here Chen, XL175 is sitting on a rocking chair and thinking about us two. He is learning a lot from Mr C.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174651653
I don’t expect FID much further past the MARAD decision.
They’ve delayed all they could really and I don’t see a lot else hindering it, but MARAD could be a while
I’ve been here since 23, approaching 30 in september. That’s almost 25% of my life waiting for this darn FID & R/M! None the less, this is boom or bust for me, if it happens so be it, i’ll patiently wait one more year
Depending on if they get submitted together or separate as they usually are, I suspect the app and EIS could take a couple of more months.
Dudley recently saying they will begin construction in a few months once their extension and MARAD issue is cleaned up sounds like that’s the timeframe to me.
Doubtful he would expect an answer from MARAD and DOE in a few months a few weeks ago without anything even being submitted, so likely referring to the MARAD app and EIS completion to clear both agencies up.
Could be earlier based on his words, but could be later too based on his past incorrect timeline predictions, so who knows
Yeah, that seems to be the case. DOE gets to pause this past the election if that is their intent and pass the buck to MARAD.
Still don’t expect MARAD to reply before January without some radical change at MARAD/DOE, given that it is already almost July and MARAD still needs to go through the logistics of review, publishing the EIS report for a minimum period, sharing the application with adjacent agencies, public comment period, etc.
Even if they got it all done tomorrow the review process could still take a year with the mandatory review timelines, and especially if MARAD is in no rush.
Some people back in April were obviously incorrect about just needing to redline the original application and simply drafting a new EIS with no new ground assessment work, like it was just changing the answers on your homework.
I guess it wasn’t that easy since it’s end of June and the new application still hasn’t been submitted over 2 months later.
Still expect this to get done, but back to waiting……
Though I respect Senor_C, that is not a DD, only DD's can be pinned, but I did pin the corporate presentation, which is at the bottom of the intro page.
Mr. C, any idea when the DOE will give its decision regarding the tolled permit? I assumed they are giving Delfin enough time to receive approval from MARAD before adjudicating the permit extension no?
Can we pin this to top for people to see? well said Senor!
I don't recall seeing an Image of Michael Egan anywhere before, for me personally, an image of someone speaks to me, he doesn't look like a pimp, slanted eyes are usually a timid character.
No relevance to anything other than Michael Egan.
Couldn’t say, depends on the new environmental assessment, but the original order according to the MARAD timeline is app first then environmental assessment.
Not sure if they are submitted together or separate this time around. I’d be ready to wait after January for MARAD to respond no matter what or when they get it done.
Odds are Delfin will have to bite the bullet and initiate construction with SHI then go full FID later. Depends when SHI’s cutoff is for the company.
Long CAVA since 32 here. Every time I eat the food there, I feel like I'm on vacation. It's a trip for me :)
Most have done horrible trades since 2022, not just you, even me. Don't feel bad about it, we all learn, trading is one of the hardest careers anyone can endure, it's not easy. Times have changed though we have an extremely bullish market now and thanks to Obama, he created a lot of wealth amongst millennials, which are the backbone of the US economy, but in today, this arena seems to favor the big cap stocks and few in between good setups bottom plays. Good luck to you. Take a look at CAVA for long term, the next CMG. The priest from my church jumped on CAVA at 60.00.
TGLO (theglobe.com)
Delfin Midstream LLC. (Parent Company)
LNG developer Delfin Midstream LLC is the majority owner (71%) of TGLO with 312,825,952 shares
(https://delfinmidstream.com)
DELFIN DOE EXTENSION REQUEST:
05/31/2024: Notice Tolling Expiration of Non-FTA Authorization Pending DOE Action
03/01/2024: Request of Delfin LNG LLC for Supplemental Order Granting Conditional Extension of the Time for Long-Term Authorizations to Export Liquefied Natural Gas
DELFIN FERC STATUS UPDATE:
10/05/2023: FERC Grants Delfin's Request for a 4-Year Extension
RECENT MEDIA NEWS/BILLION DOLLAR AGREEMENTS:
2/14/2024: Chesapeake Energy Corporation, Delfin LNG and Gunvor Sign Long-Term Liquefaction Offtake Agreement Indexed to Japan Korea Marker
11/27/2023: Delfin Midstream Signs Long-Term LNG Supply Agreement with Gunvor
8/22/2023: Delfin Accelerates the Development of FLNG Vessels in Partnerships with Wison Offshore & Marine
7/11/2023: Centrica Sings Major LNG Supply Agreement
6/8/2023: Delfin Enters Strategic Investment Agreement with Mitsui O.S.K Lines
4/24/2023: Delfin Signs LNG Sale and Purchase Agreement with Hartree
9/5/2022: Delfin Midstream and Devon Energy Enter into LNG Export Partnership
8/9/2022: Delfin signs LNG agreement with Centrica (15 year, estimated at $8 billion)
7/13/2022: Delfin finalizes offtake agreement (15 year, estimated $3 billion in revenue) with Vitol which includes a strategic investment in Delfin
REVERSE MERGER POTENTIAL:
Event Date: 12/31/2017: Delfin Midstream, LLC. became the majority owner (70.9%) of TGLO (theglobe.com) with 312,825,952 shares. Below are the corresponding filings and a subsequent article, alluding to the possiblity of a reverse merger based on the trend of other LNG companies performing reverse mergers (e.g., TELL). NOTE: As of TGLO's last 10Q filing (May 14, 2024), Delfin has continued to fund TGLO through loans, totaling $1,330,000.
1/10/2018: Delfin Midstream, Inc., Form 3
1/11/2018: TGLO, Form 13D
1/11/2018: S&P Global Article: "Delfin LNG developer says it may merge into idled company it bought 71% of"
The developer of the proposed Delfin LNG export project said in a Jan. 11 filing with the SEC that it may complete a reverse merger with theglobe.com after buying a 71% stake in the idled technology company on the last day of 2017.
In the filing, Fairwood Peninsula Energy Corp., which owns LNG developer Delfin Midstream LLC, said it was appointing Fairwood Director William "Rusty" Nichols as chairman of the board, CEO and CFO of theglobe.com. "In addition, Delfin Midstream currently anticipates that it may enter into an agreement with the Issuer to merge into the Issuer, sell its assets to the Issuer or otherwise consolidate all of substantially all of the Issuer's business with Delfin Midstream," the filing said. "However, there can be no assurance that the Issuer will be successful in consummating any such transaction in the near future, if at all."
Delfin on Dec. 31, 2017, closed a $25,000 deal to buy a majority stake in idled tech company theglobe.com Inc. for less than a penny per share. As of market close on Jan. 11, Delfin's nearly 313 million shares were worth nearly $63 million.
A source familiar with the matter had previously told S&P Global Market Intelligence on condition of anonymity that a reverse merger was one of the options the company was considering. The Jan. 11 filing is the first official word from the company on the development.
Two other U.S. LNG export hopefuls have gone public via a reverse merger over the past year as they seek access to capital markets to help finance multibillion-dollar project proposals. Tellurian Inc., which was co-founded by the former CEO of U.S. LNG export pioneer Cheniere Energy Inc., in February 2017 closed on a reverse merger with the former Magellan Petroleum Corp. NextDecade Corp. in July 2017 completed a deal with blank-check company Harmony Merger Corp. Both Tellurian's Driftwood LNG and NextDecade's Rio Grande LNG projects are awaiting approval from the Federal Energy Regulatory Commission.
The $7 billion Delfin LNG export terminal is one of four fully permitted U.S. projects awaiting a final investment decision. The developer has signed a nonbinding agreement with China Gas Holdings Ltd. for 3 million tonnes per annum of LNG for 15 years starting in 2022.
The 13 mtpa project in June 2017 received authorization from the U.S. Department of Energy to export to countries with which the U.S. does not have a free trade agreement. The location of the proposed facility, about 40 nautical miles off the coast of Cameron Parish, La., makes the offshore portion of the project subject to the Deepwater Port Act and the jurisdiction of the U.S. Coast Guard and the U.S. Department of Transportation's Maritime Administration, which approved the project in March 2017.
The Delfin LNG project would be the first offshore liquefaction terminal in the U.S.
DELFIN MIDSTREAM'S PROJECTS:
Delfin LNG Overview
Delfin LNG is a brownfield Deepwater Port requiring minimal additional infrastructure investment to support up to four FLNG Vessels producing up to 13 million tonnes of LNG per annum. Delfin purchased UTOS pipeline, the largest natural gas pipeline in the Gulf of Mexico, in 2014 and submitted its Deepwater Port license application in 2015. Delfin LNG received a positive Record of Decision from the Maritime Administration (MARAD) and approval from the Department of Energy for long-term exports of LNG to countries that do not have a Free Trade Agreement with the United States for up to 13 MTPA.
https://delfinmidstream.com/wp-content/uploads/2024/06/Delfin-Midstream-Corporate-Presentation-June-2024.pdf
Avocet LNG Overview
Delfin owns a second pipeline system (Grand Chenier) which can be used for either:
-A second Deep Water Port (Avocet LNG) or a Delfin LNG expansion for an additional 2 FLNGVs of up to 8 MTPA in total; or
-An increased feedgas supply option for the Delfin LNG Deep Water Port allowing Delfin LNG to be fed by two pipeline systems, giving increased gas supply flexibility and security for the Delfin FLNG Vessels.
Avocet LNG’s MARAD permitting process will be significantly cheaper and more efficient as the company can leverage the Delfin LNG’s successful permitting work.
The GrandChenier pipeline system connects to major interstate pipelines providing access to abundant pipeline-quality natural gas.
DELFIN AND TGLO MANAGEMENT:
Dudley Poston
Chief Executive Officer
-EVP at Golar LNG from 2010-2018, focusing on the commercial development of Floating Storage and Regasification Units, Floating Liquefication, and small-scale LNG
-Prior to joining Golar, 16 years of experience in the U.S. natural gas industry as a financial and physical trader for Koch Industries, The Williams Companies, and Citigroup
-B.A. in Government from the University of Texas, M.A. in Economics from The State University of New York, and M.S. in Finance from Texas A&M University
Wouter Pastoor
Chief Operating Officer
-Head of Commercial and Director of FLNG Development at Golar from 2014-2018, focusing on the Hilli, Fortuna and Tortue projects and leading new FLNG design & business developments
-Prior to joining Golar, 13 years of experience in the LNG industry, primarily focused on technical and commercial development of Floating LNG projects
-Ph.D. and M.Sc. in Naval Architecture and Ship Hydromechanics from the Delft University of Technololgy in the Netherlands
Oscar Spieler
Executive Chairman of the Board
-Previous CEO at Golar LNG, Frontline and Sea Production and Chairman of Quantafuel
-Board experience from multiple companies within the shipping, drilling and finance sectors, including Offshore Merchant Partners, Energy Drilling Ltd, Jasper Investments, Archer, Avenir LNG, North Atlantic Drilling and Sealift
-M.Sc in Naval Architecture and Engineering from the Norwegian University of Science and Technology
TGLO (theglobe.com) Management
Frederick P. Jones
President, Chief Executive Officer, CFO & Director, theglobe.com, Inc.
Frederick P. Jones founded Fairwood Peninsula Energy Corp. and Delfin Midstream LLC. In his past career, he held the position of Chief Executive Officer of Fairwood Peninsula Energy Corp. and Chief Executive Officer at Delfin Midstream LLC. Mr. Jones was a founder-shareholder of March Rich and Co. AG, now Glencore plc. He is also a former Advisor to the President of OPEC. Mr. Jones was one of the early investors in U.S. shale gas. Together with his partners he developed assets in the Barnett shale starting in the mid-1990s.
Throughout his 40 years of experience in the energy industry, Mr. Jones has developed projects and businesses in LPG marketing, coal bed methane extraction, hydroelectric power, and natural gas. He has led numerous ventures with various public and private entities throughout the world.
SHARE STRUCTURE, FILINGS, LINKS, ETC.
TGLO Share Structure (as of last filing, May 14, 2024)
Common Stock
Authorized Shares: 500,000,000
Issued: 441,480,473
Preferred Stock
Authorized Shares: 3,000,000
Issued: 0
Delfin Midstream Ownership Structure (as of June 12, 2018 - 95.43% reported)
Ownership Reference Document:
https://fossil.energy.gov/ng_regulation/sites/default/files/programs/Delfin_CIC_07_11_18.pdf
Fairwood Peninsula: 30.7%
Talisman (Global Alternative Master 25.5% and Global Capital Master 20.1%; Indirect ownership through Fairwood shares 8.17% ): 53.77%
Frederick Jones (9.3% Delfin Midstream and 1.66% indirect ownership through Fairwood shares): 10.96%
Filings
https://www.otcmarkets.com/stock/TGLO/disclosure
Significant Headlines:
2.13.24 https://lngprime.com/americas/chesapeake-seals-lng-deal-with-delfin-and-gunvor/104761/
"US shale gas producer Chesapeake Energy has entered into an offtake deal with Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, to supply LNG to Geneva-based trader Gunvor. Chesapeake said in a statement on Tuesday that the LNG export deal includes executed sales and purchase agreements for long-term liquefaction offtake. Under the SPA, Chesapeake will buy about 0.5 million tonnes per annum (mtpa) of LNG from Delfin at a Henry Hub price with a targeted start date in 2028... Delfin said in November it had secured commercial agreements for LNG sales and liquefaction services and the firm was “in the final phase towards FID on its first three FLNG vessels”.
11.27.23 https://www.reuters.com/business/energy/delfin-signs-15-year-lng-supply-agreement-with-gunvor-2023-11-27/
Nov 27- Delfin Midstream Inc said on Monday it had entered into a long-term liquefied natural gas (LNG) supply agreement with global commodity trader Gunvor.....The company secured commercial agreements for LNG sales, liquefaction services and is in the final phase towards final investment decisions (FID) on its first three floating LNG vessels, the release added.
8.26.23 https://maritime-executive.com/corporate/delfin-accelerates-the-development-of-flng-vessels-with-wilson-offshore
Delfin Midstream announced today that it has entered into a design and engineering contract with Wison Offshore & Marine to develop Floating LNG (FLNG) vessels for application on the Company’s Deepwater Port projects currently under construction in North America... Commenting on the announcement Wouter Pastoor, COO of Delfin says: “Wison has been visionary to develop its design, engineering, and construction capabilities for the LNG industry and in particular the floating LNG segment. Sharing our commitment and entrepreneurial spirit, Wison’s goal is to continue into a full FEED later this year such that FLNG vessel construction can start at their shipyard in mid 2024.”
07.11.23 https://www.centrica.com/media-centre/news/2023/centrica-signs-major-lng-supply-agreement/
"Centrica and Delfin Midstream Inc. today announced the signature of a long-term Sale and Purchase Agreement for 1.0 million tonnes per annum (MTPA) of Liquefied Natural Gas (“LNG”) for 15-years on a Free on Board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana. This agreement will see Centrica take delivery of around 14 LNG cargoes per year and could provide enough energy to heat 5% of UK homes for 15 years."
6.08.23: https://www.globenewswire.com/news-release/2023/06/08/2685156/0/en/Delfin-Enters-Strategic-Investment-Agreement-with-Mitsui-O-S-K-Lines.html
"We are delighted to announce our partnership with Delfin, marking the beginning of a fruitful endeavor together. Drawing on our extensive expertise gained from previous LNG Carrier and FSRU projects and other ventures, we anticipate collaborating with Delfin to successfully drive forward this project toward our initial shared goal of quickly making Final Investment Decision on the first FLNG vessel."
3.27.23: https://lngprime.com/lng-terminals/delfin-plans-to-take-fid-on-first-floating-lng-producer-in-q2/77184/
“With fully termed agreements signed and others under negotiation, Delfin is well on its way to FLNG 1 FID and has laid the foundation for FLNG 2 FID,” the firm said in the presentation. Delfin plans to FID on the first vessel by the end of Q2 2023.
9.30.22: https://pemedianetwork.com/petroleum-economist/articles/gas-lng/2022/delfin-eyes-emerging-us-export-strategy/
9.12.22: https://oilprice.com/Energy/Natural-Gas/This-Large-US-Driller-Just-Made-A-Big-Move-Into-LNG.html
1.19.22: https://jpt.spe.org/delfin-lng-expects-investment-decision-on-floating-lng-project-this-year
10.15.20: https://www.rivieramm.com/news-content-hub/news-content-hub/first-us-floating-lng-export-facility-clears-engineering-feat-61305
6.1.17: https://www.energy.gov/articles/us-department-energy-authorizes-additional-liquefied-natural-gas-exports-offshore-project
https://delfinmidstream.com/wp-content/uploads/2024/06/Delfin-Midstream-Corporate-Presentation-June-2024.pdf
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