Equatorial Guinea Shortlists Petroleum Firms for Off-take Agreement

• Tuesday, 6th June 2017
• by

Equatorial Guinea’s Oil Minister announced that Royal Dutch Shell and oil traders Gunvor and Vitol were shortlisted for an off-take agreement at the Fortuna floating liquefied natural gas (FLNG) export terminal, whose...

Chinese Banks to Fund Equatorial Guinea’s Fortuna FLNG Project

• Wednesday, 10th May 2017
• by

Britain’s Ophir Energy intends to borrow $1.2b from Chinese banks to fund the development of its Fortuna FLNG export project in Equatorial Guinea, Reuters reported. Ophir Energy’s CEO, Nick Cooper, noted d...

Umbrella Agreement Signed for Equatorial Guinea’s Fortuna FLNG

• Monday, 8th May 2017
• by

Equatorial Guinea’s Fortuna FLNG Project has taken a step further towards its progress as Ophir Energy, OneLNG, and GEPetrol have signed a detailed Umbrella Agreement for Fortuna FLNG that covers the full legal and fi...

Fortuna FLNG to Reach FID in 2017

• Sunday, 15th January 2017
• by Editorial Team

London-based Ophir Energy said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision (FID) in the first half of 2017, LNG World News informed. The announcement came in a...