Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Following the success of its 2012 and 2014 bidding rounds, the Ministry of Mines, Industry and Energy of Equatorial Guinea has announced it will launch a new bidding round for all remaining deep and ultra-deepwater blocks in 2016. Two…
ExxonMobil has been awarded a production sharing contract (PSC) for Block EG-06 by the government of Equatorial Guinea. The contract was signed between ExxonMobil Exploration and Production Equatorial Guinea (Offshore), GEPetrol and the Government of the Republic of Equatorial Guinea…
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
Ophir Energy signed an amendment to the Block R production-sharing contract (PSC) that establishes gas fiscal terms within the PSC and a fiscal framework for the Fortuna floating liquefied natural gas (FLNG) project. The amendment has…
Ophir Energy's Silenus East-1 well in Block R, offshore Equatorial Guinea (central west Africa), has made a gas discovery - and helped support plans for an expanded FLNG project for the area. Nick Cooper, Ophir's CEO, says the additional…
UK-listed explorer Ophir Energy is eying floating LNG to develop its Equatorial Guinea gas fields and has signed a letter of intent with Petrofac to help it draw up a field development plan. Ophir has an 80% interest in Block R, in the south-eastern part of the Niger Delta complex…
Heerema Fabrication Group (HFG) in the Netherlands won an engineering, procurement, construction and installation (EPCI) contract with Marathon E.G. Production Ltd (MEGPL), a wholly-owned subsidiary of Marathon Oil Corporation for delivery…
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