Delfin inks preliminary equity, offtake deal with MidOcean for second LNG vessel

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US LNG developer Delfin Midstream has agreed preliminarily to sell up to a 50% equity interest in a proposed second floating export vessel off Louisiana to MidOcean Energy, including a share of LNG production. The deal is subject to further agreements.

US LNG developer Delfin Midstream has reached a preliminary deal for EIG-managed MidOcean Energy to acquire up to a 50% equity interest in a proposed second floating export vessel offshore Louisiana and a corresponding share of LNG production from the project, the companies said July 15. The agreement, which is subject to Delfin reaching a ...