Search results for: OneLNG

40 results

A list of search results

  • 31 May 2018

    Liquefied natural gas shipper, Golar LNG said its OneLNG partner Schlumberger decided to end involvement in Fortuna FLNG project in Equatorial Guinea, resulting in the dissolution of the joint venture. 

  • 31 May 2017
    Project & Tenders, Vessels

    OneLNG, a partnership between Schlumberger and Golar LNG, signed a memorandum of understanding to deploy a second floating LNG vessel offshore Equatorial Guinea.

  • 17 November 2016

    New York headquartered law firm Shearman & Sterling advised OneLNG on its agreement to establish a joint operating company with Ophir Energy to develop the Fortuna FLNG project off Equatorial Guinea.

  • 10 November 2016

    Ophir Energy and OneLNG, a joint venture between Golar LNG and Schlumberger, signed a shareholders agreement to establish a joint operating company to develop the Fortuna FLNG project off Equatorial Guinea.

  • 7 January 2019
    Business & Finance, Project & Tenders

    Ophir Energy has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended following expiry of the license on December 31, 2018.

  • 13 September 2018
    Business & Finance

    UK-based Ophir Energy has impaired the value of its Fortuna FLNG development in Equatorial Guinea and decided to downsize its London office in order to transition to an Asian HQ. Ophir has been working to find financing and make a final investment decision on the Fortuna FLNG project for a while now but has suffered […]

  • 13 September 2018

    London-based Ophir Energy said on Thursday it has written down the value of its Fortuna FLNG project in Equatorial Guinea by $310 million. The company also said in its half-year report it aims to cut jobs in London and plans to move its headquarters to Asia to lower costs. The Fortuna development suffered a setback in […]

  • 23 August 2018
    Vessels

    Golar LNG said its FLNG Hilli Episeyo located offshore Kribi in Cameroon is close to exporting its sixth cargo, with the company sizing up new opportunities based on the same concept. 

  • 12 July 2018

    London-based Ophir Energy has not yet finalized the project finance solution for its Fortuna FLNG project in Equatorial Guinea. 

  • 12 July 2018
    Project & Tenders

    Ophir Energy, a company that has been struggling to close financing for its Fortuna FLNG project off E. Guinea in the past few years, is well aware the clock is ticking.

  • 3 June 2018

    Schlumberger quits OneLNG JV and Fortuna FLNG project Liquefied natural gas shipper, Golar LNG said its OneLNG partner Schlumberger decided to end involvement in Fortuna FLNG project in Equatorial Guinea, resulting in the dissolution of the joint venture. Petronas to buy 25 pct in Shell’s LNG Canada project Malaysian energy giant, Petronas has agreed to […]

  • 31 May 2018

    Oilfield services provider Schlumberger has decided to dissolve OneLNG, its joint venture with Golar LNG.

  • 1 March 2018
    Project & Tenders

    Golar LNG is moving the LNG carrier Gandria to a shipyard in Singapore for conversion into an FLNG unit meant for the Fortuna development off Equatorial Guinea. 

  • 18 December 2017
    Ports & Logistics

    Ophir Energy, together with its Fortuna FLNG project partners, has decided to prioritize an alternative funding solution with an Asian bank for up to $1.2 billion on similar terms to those agreed with the group of Chinese banks.

  • 18 December 2017
    Project & Tenders

    Ophir Energy expects to take a Final Investment Decision (FID) for its Fortuna FLNG project off Equatorial Guinea early next year, once an agreement with an Asian bank to provide funding of up to $1.2bn has been confirmed. 

  • 23 November 2017
    Ports & Logistics

    London-based Ophir Energy on Thursday said it expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the first quarter of the next year as it is still in financing discussions for the project with a group of Chinese banks. The final decision on the FLNG project has been […]

  • 2 October 2017
    Project & Tenders

    London-based Ophir Energy has awarded the upstream construction contract for its Fortuna FLNG project in Equatorial Guinea to Subsea Integration Alliance, a partnership between Schlumberger’s OneSubsea and Subsea 7. The deal awarded through Ophir’s Equatorial Guinea unit is structured as an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the subsea umbilicals, risers and flowlines […]

  • 2 October 2017
    Business & Finance, Equipment

    Ophir Energy has awarded the upstream construction contract for the Fortuna FLNG Project to Subsea Integration Alliance, which is a partnership between OneSubsea, a Schlumberger company, and Subsea 7. The contract is an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the subsea umbilicals, risers and flowlines and for the subsea production systems scope […]

  • 18 September 2017

    Equatorial Guinea’s ministry of hydrocarbons has signed a memorandum of understanding with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas. According to a statement by E. Guinea’s hydrocarbons’ ministry, the initial three-year agreement compels both sides to negotiate and sign […]

  • 14 September 2017

    London-based Ophir Energy on Thursday said it expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the fourth quarter of this year. The final decision on the FLNG project has been pushed back several times. In its July trading update, Ophir and its partner, OneLNG, a joint venture […]

  • 21 August 2017
    Project & Tenders

    Swiss trading company Gunvor has been nominated as the preferred LNG buyer for offtake from the Ophir Energy-operated Fortuna FLNG project in Equatorial Guinea. The Ministry of Mines and Hydrocarbons, Ophir, OneLNG, a joint venture between Golar LNG and Schlumberger, and La Compania Nacional De Petroleos De Guinea Ecuatorial (GEPetrol) have agreed with Gunvor the principal commercial terms […]

  • 21 August 2017
    Infrastructure

    Ophir Energy has informed that Gunvor Group has been nominated as the preferred buyer of LNG for offtake from the Fortuna FLNG project, offshore Equatorial Guinea. According to Ophir, principal commercial terms subject to finalizing a Sale and Purchase Agreement (“SPA”) for the offtake ahead of the Final Investment Decision (“FID”) on the Fortuna FLNG […]

  • 7 August 2017

    Swiss trading company Gunvor has shown interest in financing the Fortuna FLNG project as it looks to secure supply from the Equatorial Guinea’s floating liquefied natural gas plant.

  • 12 July 2017

    London-based Ophir Energy on Wednesday said it now expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the second part of this year. Previously, Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, expected to make the final decision in mid-2017. “Given that the remaining […]

  • 6 June 2017

    US-based energy giant and LNG player ExxonMobil on Monday signed a production sharing contract with the government of Equatorial Guinea for a deepwater block located 36 miles west of Malabo.