Samsung Heavy Industries Vice Chairman Choi Sung-an, third from right, poses with officials after a signing ceremony for the Delfin FLNG project in Washington on Tuesday. Photo courtesy of Samsung Heavy Industries
June 10 (Asia Today) -- Samsung Heavy Industries has held a formal signing ceremony for the Delfin floating liquefied natural gas project, which is expected to serve as a base for the first offshore LNG export project in the United States.
Samsung Heavy said Wednesday it held the signing ceremony Tuesday in Washington for the Delfin floating LNG production facility project.
The event formalized Samsung Heavy's $2.9 billion, or about 4.3 trillion won, contract announced June 2 to build the first Delfin FLNG unit. The ceremony also marked the completion of the project's final investment decision.
Samsung Heavy Vice Chairman Choi Sung-an and Delfin Midstream Chief Executive Officer Dudley Poston attended the ceremony, along with executives from the global energy and shipping industries.
