Africa Oil & Gas: Start of Golar’s FLNG in Cameroon may draw more Africa clients

According to the latest Reuters report, Golar LNG said on 12 March that it had started production at its FLNG platform in Cameroon, the world’s second working example of the nascent technology and a milestone likely to boost its Fortuna project in Equatorial Guinea.

Read More

Global Oil & Gas: Success of current FLNG projects should help develop confidence in sector

  FLNG projects require significant capital investments, thus access to financing is a critical contributor to project sanctioning and success, Westwood, an energy intelligence firm, said on Wednesday in its analysis of FLNG facilities financing. Westood believes that the success of the current FLNG projects should help lenders develop confidence in the sector.

Read More

Global Oil & Gas: Six FLNG projects, four financing models

  Fortuna LNG should be the second floating LNG (FLNG) venture to reach a final investment decision this year, following Eni’s Mozambique FLNG project Coral South FLNG, approved in June. These projects and the four that have so far completed their funding reveal the diverse financing models supporting this nascent sector.

Read More

Africa Oil & Gas: Will current oversupplied market leave room for future East Africa LNG?

The following article by Henrik Poulsen, SVP Government Relations, and Bimbola Kolawole, Business Development Manager Africa, Rystad Energy, was originally published by Rystad Energy on October 19, 2017.  This article discusses in further detail the East African potential to become a significant international LNG supplier, the outlooks of the Asian LNG markets and finally share some aspects on the future fate of natural gas as a primary energy source.

Read More

Africa Oil & Gas: World’s first converted FLNG vessel

Keppel Shipyard, a unit of Singapore’s Keppel Offshore & Marine, is set to deliver the converted floating liquefaction vessels (FLNG) to LNG shipper Golar. What is said to be the world’s first converted FLNG vessel, the Hilli Episeyo has been named at Keppel Shipyard on Sunday.

Read More

Mozambique Oil & Gas: ENI Coral FLNG project launched

Italian group ENI formally launched the Coral Sul natural gas exploration project in Maputo on Thursday, as well as signing of all contracts, namely those relating to the construction and setting up of the production platform, the group said in a statement issued in Milan.

Read More
1 2 3