Search results for: OneLNG

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A list of search results

  • 4 June 2017

    Update: Flex LNG inks contracts for six LNG carriers Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019. OneLNG to pursue second FLNG project off Equatorial Guinea OneLNG, a partnership between Schlumberger and Golar LNG, signed a memorandum of […]

  • 31 May 2017
    Infrastructure

    Equatorial Guinea, expected to bring one of the continent’s first Floating LNG units in production, is now working to develop other offshore assets using the same technology. Namely, OneLNG, a company developing Fortuna FLNG project with Ophir Energy offshore Equatorial Guinea, on May 29, entered into a binding memorandum of understanding with the energy ministry of Equatorial […]

  • 10 May 2017
    Business & Finance, Infrastructure

    Following last week’s umbrella agreement for the Fortuna FLNG project off Equatorial Guinea, a construction contract has been awarded for conversion of an LNG carrier to a floating liquefaction facility (FLNG). Ophir Energy informed on Wednesday that Golar LNG Limited has executed amended and novated agreements for conversion of the 126,000m3 LNG carrier Gandria. Ophir further said […]

  • 10 May 2017

    London-based Ophir Energy on Wednesday said its Fortuna FLNG project in Equatorial Guinea has made another move toward a final investment decision with the award of the midstream construction contracts. LNG shipper Golar LNG has executed amended and novated deals for conversion of the 126,000-cbm LNG carrier Gandria to a floating liquefaction facility (FLNG). The primary […]

  • 2 May 2017
    Business & Finance

    Oil and gas company Ophir Energy has entered into a detailed Umbrella Agreement (UA) that establishes the full legal and fiscal framework for the Fortuna FLNG Project, Africa’s first deepwater FLNG project. The deal, signed between the Republic of Equatorial Guinea, Ophir Holdings & Ventures Ltd, a subsidiary of Ophir Energy, OneLNGSA and La Compañía […]

  • 2 May 2017
    Business & Finance, Infrastructure

    The Republic of Equatorial Guinea, Ophir Energy, OneLNGSA and La Compañía Nacional De Petróleos De Guinea Ecuatorial (GEPetrol) have signed a detailed umbrella agreement that establishes the full legal and fiscal framework for the Fortuna FLNG project, Africa’s first deepwater FLNG project. Ophir explained on Tuesday that the umbrella agreement reconfirms the participation rights of […]

  • 2 May 2017
    Project & Tenders, Vessels

    Fortuna FLNG project partners signed an umbrella agreement that establishes the full legal and fiscal framework for what is claimed to be Africa’s first deepwater FLNG project.

  • 28 March 2017

    Schlumberger, the world’s largest oilfield services provider has bought a stake in Norway’s Borr Drilling, a recently established offshore drilling company. This was revealed by Schlumberger’s CEO Paal Kibsgaard at a conference in New Orleans on Monday. He said the company had set up a special venture fund for project investments “to demonstrate our openness to […]

  • 9 March 2017
    Infrastructure, Project & Tenders

    Ophir Energy, a London-listed oil and gas company, expects to take the Final Investment Decision (FID) for the Fortuna FLNG project in Equatorial Guinea by mid-2017.  The company is working on developing the gas reserves found in the Block R, offshore Equatorial Guinea, through a floating LNG (FLNG) solution. The project’s FID was previously expected to […]

  • 9 March 2017

    London-based Ophir Energy on Thursday said it still expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in mid-2017.

  • 12 January 2017
    Infrastructure

    Ophir Energy, a company working to bring on stream its gas reserves offshore Equatorial Guinea, has said the project remains on schedule. In an operational update on Thursday, Ophir said the Fortuna FLNG “remains firmly on schedule” for a Final Investment Decision in 1H 2017, and that Ophir and its partner, OneLNG, are making good progress […]

  • 12 January 2017

    London-based Ophir Energy on Thursday said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision in the first half of this year. Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, are “making good progress against all key milestones,” Ophir said. Ophir and One […]

  • 10 November 2016
    Business & Finance, Infrastructure, Project & Tenders

    A joint venture company has been established to develop the Fortuna FLNG project, in Ophir-operated Block R, offshore Equatorial Guinea, with final investment decision (FID) targeted for the first half of 2017.  Ophir Holdings & Ventures LTD, a wholly owned subsidiary of Ophir Energy, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, […]

  • 25 July 2016
    Business & Finance, Equipment

    LNG giant Golar LNG and oilfield services provider Schlumberger have announced the creation of OneLNG, a joint venture to ‘rapidly develop’ low cost gas reserves to LNG. According to Schlumberger’s press release on Monday, the combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities, with Golar’s low cost FLNG (Floating LNG) solution, will […]

  • 25 July 2016

    Golar LNG, one of the world’s largest owners and operators of LNG carriers, and oilfield services giant Schlumberger on Monday created OneLNG, a joint venture aiming to “rapidly develop low-cost gas reserves” to LNG.