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  1. Pavilion Energy makes first major LNG supply investment

    Pavilion Energy Pte Ltd has entered into an agreement to purchase 20% interest in Tanzania Blocks 1, 3 and 4 from Ophir Energy plc for a consideration of US$1.288 billion. “This investment in Tanzania Blocks 1, 3 and 4 is a key milestone for Pavilion Energy to build up our LNG portfolio. It supports our plan to secure long-term energy supply at competitive prices to meet the need for clean energy in Asia. It is also an important milestone for us as we work to develop an Asian LNG hub,” said Group CEO of Pavilion Energy, Seah Moon Ming. Currently owned 60:40 by BG Group plc and Ophir Energy, the Tanzania Blocks 1, 3 and 4 are estimated to hold about 15 tcf of gas in moderate water depths. BG Group is the designated operator of the project. The first gas delivery is expected to begin in 2020. “The natural gas developments in Tanzania hold tremendous potential – not just for Pavilion Energy but for Singapore and Asia. Pavilion Energy looks forward to the partnership with BG Group and Ophir Energy in realizing the LNG project. The LNG from the Tanzanian project will provide another source of supply to the Asian markets,” said Tan Sri Mohd Hassan Marican, Chairman of Pavilion Energy. The investment is subject to regulatory, governmental and other required third party approvals, as well as approval by Ophir’s shareholders by way of a general meeting of shareholders. The transaction is expected to complete in the first quarter of 2014. Pavilion Energy is a Temasek portfolio company.

    Online Articles

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    Thu, 14 Nov 2013

  2. Drilling program commences offshore Tanzania

    Royal Dutch Shell PLC and its partners Pavilion Energy Pte. Ltd. and Ophir Energy PLC have commenced a two-well drilling program in Blocks 1 and 4 offshore Tanzania in the Mafia Deep basin. The Noble Globe Trotter 2 is drilling both wells in 2,300 m of water.

    Online Articles

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    Thu, 3 Nov 2016

  3. Pavilion Energy completes offshore Tanzania farm-in with Ophir Energy

    Ophir Energy has completed a transaction offshore Tanzania with Singapore-based Pavilion Energy .

    Online Articles

    Online Articles

    Mon, 24 Mar 2014

  4. Ophir Energy completes sale of interest in blocks to Pavilion Energy

    Ophir Energy plc reports that its transaction to sell a 20% interest in Blocks 1, 3 and 4 in Tanzania to Pavilion Energy has now completed.

    Online Articles

    Online Articles

    Mon, 24 Mar 2014