News and Insights

08.28.2020

Bac Lieu People’s Committee and Delta Offshore Energy Pte., Ltd. will negotiate the power purchase agreement for Bac Lieu LNG-to-power project this month in order to hold the signing ceremony later this year.

08.26.2020

McDermott International Ltd. today announced it has been awarded a contract by Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline. The pipeline will connect a regassification platform, located approximately 22 miles (35 kilometers) offshore, to the planned 3,200 MW power plant in Bac Lieu Province, Vietnam.

08.18.2020

Singapore liquefied natural gas company Delta Offshore Energy is opening a new office in the Houston area as the firm moves forward with plans to build an offshore LNG import terminal to feed a planned power plant in Vietnam.

08.11.2020

Vietnam-based Delta Offshore Energy, which is building an LNG-to-power project in the country’s south, has backed away from renewing a recently expired preliminary agreement for LNG supply with US-based Magnolia LNG.

Our alliance with LNG Limited will allow the Government of Vietnam to have a stronger relationship with the U.S. market,” Bobby Quintos, engineering managing director for Delta Offshore Energy, said in a joint statement

CAN THO – The government of Bac Lieu Province expects the construction of a liquefied natural gas (LNG)-fired power plant, with total capital of US$4.3 billion, to generate VND2,500-VND3,000 billion in annual revenue for the provincial budget.

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on July 25 for investors who are planning to pour capital into a liquefied natural gas (LNG)-fueled power project in the Mekong Delta province of Bac Lieu.

Vietnam Sustainable Energy Alliance (VSEA) welcomes Prime Minister Nguyen Xuan Phuc’s recent statement on the need to ‘minimize’ coal power and ‘develop renewable energy,’ and is calling on the Vietnamese government to turn words into action by putting a moratorium on new coal power stations in the Mekong Delta until 2020.

05.28.2020

LNG industry coverage on DOE discussing PPA with Vietnam Government

News article on the Government of Vietnam’s official website about the a meeting in Ho Chi Minh City hosted by H.E. Prime Minister Nguyen Xuan Phuc and co-paneled by H.E. Nguyen Quang Duong, Central Party Committee Member (body of the top 170 politically ranked party members) cum Party Secretary of Bac Lieu Province. The meeting included Cabinet members, the entire political presence of Bac Lieu Province leadership and Electricity Vietnam (“EVN”).

There is great potential to develop gas-fired power projects in the Mekong Delta and a number of investors are seeking opportunities to do so, PM Nguyen Xuan Phuc has said.

Huge mountains of coal ash are looming large in southern Vietnam’s Mekong Delta, experts said at a conference on Tuesday.

VietNamNet Bridge – Under the national electricity development plan, coal thermal power will make up 50 percent of Vietnam’s total electricity output from 2020. The Mekong River Delta will become one of the nation’s thermal power centers.