The final major step in the decision-making process, the signing of a Power Purchase Agreement (PPA) between Delta Offshore Energy (DOE) and the Vietnamese Government, began in earnest on 29 December. The PPA is a 25-year contract under which Vietnam will purchase electricity from Bac Lieu, with a lifetime value of approximately US $50 billion. - January 21, 2021
Delta Offshore Energy, as a project owner, signed a Master Teaming Agreement between Bechtel Corporation, General Electric, and McDermott Inc. for the development of the Bac Lieu LNG-to-power project worth more than $3 Billion of U.S. equipment and services.
U.S. Secretary of Commerce Wilbur Ross said... - October 29, 2020
A significant milestone has been reached in the development of a USD 4 billion investment 3200 MW power plant in Bac Lieu Province, Vietnam which is the country’s largest Foreign Direct Investment (FDI) project in 2020 as well as the largest ever in history of the Mekong Delta. This High Profile... - October 13, 2020
Delta Offshore Energy launches Request for Proposal (RFP), first one of its kind for Vietnam, for 25 year gas sales agreement.
Delta Offshore Energy RFP the Tender is for delivery of 2.5 - 3.0 MTPA (Million Tons Per Annum) Cargoes over a 25 year period, on a delivery ex-ship (DES) or Freight on Board... - September 08, 2020
President Trump assigned Secretary of Commerce Wilber Ross and Secretary of Energy Dan Brouillette to Support Delta Offshore Energy in the United States of America’s Advocacy program. The increased collaboration among friendly nations is needed to accelerate the restart of the economies.
“Delta... - September 01, 2020