On March 10, U.S. Department of Energy Secretary Chris Wright granted Delfin a five-year extension on the project’s completion date to 2029. (Source: Shutterstock)
Delfin Midstream and Berlin-based SEFE signed a long-term supply agreement for 1.5 million tons per year (mtpy) of LNG from the company’s floating LNG platform off the Gulf Coast near Cameron, Louisiana.
The companies announced the 15-year agreement on March 25. The deliveries to SEFE will begin immediately on the platform’s commissioning.
“We are very pleased to enter into this agreement with SEFE and continue to build on Delfin’s position as a leading source of reliable low-cost energy from the safety of the United States,” Dudley Poston, Delfin CEO, said in the press release.
On March 10, U.S. Department of Energy Secretary Chris Wright granted Delfin a five-year extension on the project’s completion date to 2029.
Recommended Reading
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
2025-03-19 - Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
Devon, BPX to End Legacy Eagle Ford JV After 15 Years
2025-02-18 - The move to dissolve the Devon-BPX joint venture ends a 15-year drilling partnership originally structured by Petrohawk and GeoSouthern, early trailblazers in the Eagle Ford Shale.
M&A Competition Off to the Races as Mesa Minerals Kicks Off Fourth Iteration
2025-04-16 - The Mesa Minerals IV launch comes as M&A competition grapples for mineral and royalty interests, no matter the basin, says Mesa Minerals CEO Darin Zanovich.
Ring May Drill—or Sell—Barnett, Devonian Assets in Eastern Permian
2025-03-07 - Ring Energy could look to drill—or sell—Barnett and Devonian horizontal locations on the eastern side of the Permian’s Central Basin Platform. Major E&Ps are testing and tinkering on Barnett well designs nearby.
Sitio Fights for its Place Atop the M&R Sector
2025-04-02 - The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.