Mitsui O.S.K. Lines (MOL) Commits $300M to Delfin FLNG 1 Project in US

Deal Summary

Mitsui O.S.K. Lines (MOL) announced a final investment decision to invest about $300 million, roughly 23 % of equity, in the Delfin FLNG 1 offshore liquefied natural gas project off Louisiana. The $5 billion project, led by Delfin Midstream with investors Global Infrastructure Partners and Vitol, aims to start production in 2030. MOL will also provide offshore‑facility expertise and a construction contract will be signed with Samsung Heavy Industries.