Ophir goes to Golar for Fortuna FLNG vessel

Offshore staff

LONDON – Ophir Energy has signed a binding heads of terms for a chartering and operating services agreement with Golar LNG. This agreement establishes commercial terms for Golar to build, operate, and maintain the FLNG vessel and facilities at the Fortuna project in block R offshore Equatorial Guinea.

The vessel to be used will be Golar's Gimi FLNG vessel. Golar will operate the Gimi under a 20-year charter term. During this period it will be responsible for the subsea well control, receiving, liquefying, and offloading the gas to LNG vessels.

Ophir, as the operator of the upstream component, will lease the Gimi. Ophir will build the subsea facilities, drill the development wells, and manage the performance of the reservoirs

First gas expected mid-2019.

5/5/15

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...