Excelerate to lead Equatorial Guinea FLNG studies

Offshore staff

LONDONOphir Energy has appointed Excelerate Energy as its lead midstream partner for provision of FLNG facilities for the block R project offshore Equatorial Guinea.

Excelerate will lead a consortium of technology providers likely to include Samsung Heavy Industries and Black & Veatch. The EquatoGuinean Ministry of Mines, Industry and Energy, GEPetrol, Ophir, and Excelerate are due to sign a memorandum of understanding on the project soon, ahead of awarding a full front-end engineering and design contract later this year.

Ophir estimates recoverable gas resources from block R at 3.4 tcf (96 bcm). It plans a four-phase development, beginning with the Fortuna field. A further 2.1 tcf (60 bcm)-plus will be phased in later from the Silenus, Tonel, and other offshore discoveries.

11/06/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...