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October 3, 2017Upstream Construction Contracts Awarded for Fortuna FLNG
The contract went to Subsea Integration Alliance.
August 25, 2017Market Report: Gunvor Named Preferred Buyer for Fortuna FLNG
Nigeria's oil minister disputes cost to produce crude.
August 21, 2017Press 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, 2017Market Report: Gunvor Keen on Fortuna FLNG
Gunvor Group is interested in financing Equatorial Guinea's Fortuna FLNG project.
June 5, 2017Offtakers Shortlisted for Fortuna FLNG
The Government is in discussions with Shell, Gunvor and Vitol.
May 17, 2017Fortuna 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, 2017Fortuna 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, 2016Ophir and Fortuna FLNG
Download Ophir Energy's presentation on the Fortuna Floating LNG project in Equatorial Guinea.
March 16, 2018Market Report: Production begins on Golar LNG FLNG Project in Cameroon
Oil prices settle higher, NNPC determined to become a net exporter of petroleum products by 2019.
June 27, 2017China Pumps Cash into Africa’s FLNG Projects
China plans to pour almost $7 billion into floating liquefied natural gas (FLNG) projects in Africa.