Ophir Energy – Page 2

Africa Oil & Gas: Ophir says Equatorial Guinea Fortuna FLNG project on target for FID in Q4

Posted on September 15, 2017 by Mozambique Resources Post

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.

Africa Oil & Gas: Ophir reports Fortuna FLNG offtake awarded to Gunvor

Posted on August 22, 2017 by Mozambique Resources Post

The Ministry of Mines and Hydrocarbons (‘MMH’), Ophir Equatorial Guinea (Block R), OneLNG and GEPetrol have nominated Gunvor Group as their preferred LNG Buyer for offtake from the Fortuna FLNG project.

Africa Oil & Gas: Ophir insist Fortuna FID will be by 2017 end

Posted on July 12, 2017 by Mozambique Resources Post

UK independent Ophir Energy has announced belt-tightening measures out to 2020 as it prioritizes its Fortuna floating liquefaction project offshore West Africa and expansion of its Asian producing assets. Among these, it said chief operating officer Bill Higgs would be stepping down.

Africa Oil & Gas: Ophir Energy, OneLNG and GEPetrol sign Umbrella Agreement for Fortuna FLNG

Posted on May 3, 2017 by Mozambique Resources Post

The Republic of Equatorial Guinea, Ophir Holdings & Ventures, a subsidiary of Ophir Energy, OneLNG and La Compañía Nacional De Petróleos De Guinea Ecuatorial (‘GEPetrol’) have signed 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 UA reconfirms the participation rights of GEPetrol as partners for 20% of the upstream portion of the project, and for a future potential participation…

Africa Oil & Gas: Ophir Energy spuds Ayamé -1X exploration well, offshore Cote d’Ivoire

Posted on May 3, 2017 by Mozambique Resources Post

JV partner African Petroleum has announced that the Ophir Energy-operated Ayamé-1X exploration well, offshore Côte d’Ivoire, was spudded on Saturday 29 April 2017 using the Seadrill West Saturn Drillship.

Africa Oil & Gas: Tanzania Drafts $30B LNG Export Project Deal

Posted on April 20, 2017April 20, 2017 by Mozambique Resources Post

Tanzania’s government has prepared a draft agreement with international oil companies willing to take part in a $30-billion LNG export project, and has sent the draft for ministerial review, local media reported on Wednesday, citing a senior official at the Ministry of Energy and Minerals.

Africa Oil & Gas: Shell and partners gear up to commence drilling programme in Tanzania

Posted on November 3, 2016 by Mozambique Resources Post

Shell and its joint venture partners, Pavilion Energy and Ophir Energy, have announced the start of its drilling programme covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania. The rig supporting the programme – the Noble Globe Trotter 2 – is expected to commence operations towards the end of October 2016 and will be drilling in waters up to 2300 metres deep.

Africa Oil & Gas: Tanzanian president urges faster LNG project development

Posted on August 24, 2016 by Mozambique Resources Post

John Magufuli, Tanzania’s president on Monday called on the state officials to expedite the development of a US$30 billion LNG project proposed in the area of Likon’go, Mchinga Lindi region.

Africa Oil & Gas: Tanzania to finalise land acquisition for LNG project

Posted on May 12, 2015May 12, 2015 by Mozambique Resources Post

Tanzania plans to spend 12 billion shillings ($6 million) in the next fiscal year to buy land for the planned construction of a liquefied natural gas (LNG) terminal, raising hopes it is speeding up progress of the long-delayed project. The two-train onshore LNG export terminal, which the government says could cost up to $30 billion, has run into delays mainly due to complex land acquisition procedures and an uncertain legal and regulatory framework.

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