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October 3, 2017
Upstream Construction Contracts Awarded for Fortuna FLNG
The contract went to Subsea Integration Alliance.
August 25, 2017
Market Report: Gunvor Named Preferred Buyer for Fortuna FLNG
Nigeria's oil minister disputes cost to produce crude.
August 21, 2017
Press Release: Fortuna FLNG Offtake Awarded to Gunvor
The Ministry of Mines and Hydrocarbons of Equatorial Guinea (“MMH”), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (“GEPetrol”) have nominated [Gunvor Group Ltd (“Gunvor”)] as its preferred LNG Buyer for offtake from the Fortuna FLNG project. All parties have agreed the principal commercial terms subject […]
August 11, 2017
Market Report: Gunvor Keen on Fortuna FLNG
Gunvor Group is interested in financing Equatorial Guinea's Fortuna FLNG project.
June 5, 2017
Offtakers Shortlisted for Fortuna FLNG
The Government is in discussions with Shell, Gunvor and Vitol.
May 17, 2017
Fortuna FLNG
The Fortuna FLNG is a game-changing project for Equatorial Guinea, and is set to become Africa’s first deepwater FLNG project after the partners cleared the way to reach final investment decision by mid-2017. The $2 billion FLNG project, spearheaded by OneLNG (66.2%) and Ophir Energy (33.8%) is on track for first gas in 2020. The […]
May 2, 2017
Fortuna FLNG Clears Path for FID
An agreement between the Equatorial Guinea government and the partners of the massive Fortuna FLNG project has paved the way for financial investment decision in mid-2017. The parties signed an umbrella agreement that establishes “the full legal and fiscal framework” for Fortuna, which is set to become Africa’s first deepwater FLNG project. The agreement confirms […]
June 13, 2016
Ophir and Fortuna FLNG
Download Ophir Energy's presentation on the Fortuna Floating LNG project in Equatorial Guinea.
June 27, 2017
China Pumps Cash into Africa’s FLNG Projects
China plans to pour almost $7 billion into floating liquefied natural gas (FLNG) projects in Africa.
May 29, 2017
Second FLNG in Sight for Eq. Guinea
Equatorial Guinea looks ahead to a potential second floating LNG facility to bring stranded gas to market.