Partners on the Etinde permit offshore Cameroon are now considering offtake to existing facilities in Equatorial Guinea as a new possible solution, Offshore Engineer reported. Following a recent meeting with Cameroon’s government, the offshore Etinde joint venture will convene a technical workshop to help determine the optimum development solutions for the field.
According to partner Bowleven, the solutions include floating LNG, gas-to-power, and processing of the gas and associated liquids nearby in Equatorial Guinea using existing facilities, Offshore informed.
Bowleven also said that Etinde contains sufficient existing discovered resources to support one initial offtake solution, while appraisal drilling is targeting unrisked P90 in-place volumes of up to 2tcf of gas and associated liquids. Timing of the drilling campaign will depend in part on which development scheme proceeds initially.
Meanwhile, on the Bomono permit, which Bowleven also operates, a two-year extension has been awarded to December 2018 and a Provisional Exploitation Authorization (PEA) signed. Bowleven stated it is in advanced discussions on the potential farm-out of the Bomono license in order to facilitate cashflow and appraisal activities.