A curated selection of Delta Offshore Energy films. You’ll find more videos on our YouTube Channel.
Abundant, affordable, clean energy is a pillar of progress in the modern world, the key to a chain of developments that together elevate a nation. The Bac Lieu LNG-to-Power plant will spark the rise of a new industrial economy in southern Vietnam, which will bring to the region the tools of sustainable advancement. Bobby Quintos and Ian Nguyen, Managing Directors of Delta Offshore Energy, tell the story.
Access to reliable electric power can make a permanent positive change in the life of a poor community or developing nation. This makes power plants a building block of industrialization and a key element in the global fight to eradicate poverty. In this video, the Managing Directors of Delta Offshore Energy, Bobby Quintos and Ian Nguyen, discuss the impact that the Bac Lieu LNG-to-Power power plant will have on the life and fortunes of the people of southern Vietnam.
In October 2020, at the Indo-Pacific Business Forum, Wilbur Ross, who was U.S. Secretary of Commerce at the time, presented Delta Offshore Energy’s Bac Lieu LNG-to-Power project, noting that “The Delta Offshore Energy Project will provide Vietnam with an additional 3,200 Mega Watts of Power and will utilize over $3 billion in U.S. equipment and services, plus future U.S. LNG supply”.
The Bac Lieu LNG-to-Power project is a work of great historical significance for southern Vietnam, which will satisfy both growing industrial demand and an enduring human need. The Indo-Pacific Business Forum in October 2020, featured Delta Offshore Energy, as the project owner, signed a Master Teaming Agreement with Bechtel Corporation, General Electric, and McDermott Inc. for the development of the Bac Lieu LNG-to-power project.
In October 2020, the Bac Lieu People’s Provincial Committee signed a Memorandum of Understanding with Delta Offshore Energy and its strategic partners for the development of the Bac Lieu LNG-to-Power project. Celebrating the $3 billion dollar project as the largest Foreign Direct Investment (FDI) project in Vietnam that year, the largest-ever FDI project in the Mekong Delta, and the first-ever privately owned build-to-own infrastructure project in Vietnam. The U.S. Consul-General in Vietnam at the time, Marie Damour, calls it “an example of the commitment by the US Public and Private Sector to invest in, and be a strong partner for, Vietnam’s growing energy infrastructure needs.”