Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Wednesday, September 8, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.

"Environmental Impact Assessment (EIA) is an extremely important key regulatory milestone towards the financial close and validates DOE commitment to the environment," the company said.

“A key driver to growth is Foreign Direct Investment and this project is a low hanging fruit for such disbursements. The EIA is a key step in unlocking this capital,” says Ian Nguyen,  Ian Nguyen, Co-Founder and Managing Director of DOE.

Vietnam is a developing economy that is undergoing the coal-to-gas conversion to enable the sustainable development of renewable energy and to follow the path of its Organization for Economic Co-operation and Development (OECD) nation peers, DOE said.

"The Bac Lieu LNG to Power (BLLP) project will help Vietnam’s energy transition from dirty coal to reduce harmful carbon emissions and pollutants, in line with its policy direction and alignment with international policy trends," the company added.

In September last year Delta Offshore Energy signed a technology license agreement with Stena Power & LNG Solution, under which Stena agreed to grant DOE a license to use its Jetty-Less LNG receiving and regas technology for the offshore LNG to power project.

DOE will employ Stena’s floating Jetty-Less Autonomous Transfer System (ATS) and Self-installing Regas Platform (SRP) solutions to provide energy to the 3200MW power plant project located at Bac Lieu province in the Mekong Delta, DOE said at the time





Categories: Energy LNG Industry News Activity Production Asia Floating Production Regulations

Related Stories

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

Woodside Inks Long-Term LNG Supply Deal with China Resources

CNOOC Starts Production at Two New Oil and Gas Projects

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

ADNOC Secures LNG Supply Deal with India's BPCL

Current News

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Fugro Lands Deepwater Gas Field Job in Southeast Asia

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Three Dead in Chevron's Angolan Oil Patform Fire

BW Opal FPSO Vessel set for Work off Australia

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com