Ophir Energy appoints Midstream Partner (Scandinavian Oil-Gas Magazine)

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Ophir Energy appoints Midstream Partner

Published Nov 7, 2014

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Ophir Energy has appointed Excelerate Energy, L.P (Excelerate) as its lead Midstream Partner for the provision of Floating Liquefaction and Storage facilities at Ophir's operated FLNG project in Block R, Equatorial Guinea.

Excelerate will be appointed as the lead in a consortium of technology providers that is expected to include Samsung Heavy Industries and Black & Veatch. Negotiations regarding a detailed Memorandum of Understanding (MOU) have concluded and will be signed today between the EquatoGuinean Ministry of Mines, Industry and Energy (MMIE), GEPetrol, Ophir and Excelerate.

This MoU will fully align the parties ahead of a full FEED contract later this year.

Tags: Ophir Energy

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Ophir Energy signs gas fiscal terms for Block R Equatorial Guinea

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