Less Ads, More Data, More Tools Register for FREE

Ophir sees gas from Equatorial Guinea floating LNG project by 2019

Thu, 29th Oct 2015 11:45

CAPE TOWN, Oct 29 (Reuters) - Ophir Energy expectsto make a final investment decision in 2016 on its floatingliquid natural gas project off Equatorial Guinea, a seniorexecutive said on Thursday.

Oliver Quinn, director of new business for Ophir, also toldan industry conference that first gas production from theproject should come by the middle of 2019.

Equatorial Guinea's energy minister told Reuters on Tuesdaythat his government was focusing on floating LNG - whichinvolves placing a ship with production facilities over anoffshore field - and had canceled plans for a second train oronshore plant. (Reporting by Ed Stoddard; Editing by James Macharia)

Related Shares

More News
20 May 2019 14:59

Weiss Asset Management, LMR Partners Pick Up Stakes In Ophir Energy (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC said that Weiss Asset Management LP and LMR Partners LLP have both picked up separate interests in the oil &...

16 May 2019 17:06

Ophir Energy Sells Mexico Offshore Block Stake For USD35 Million Cash

LONDON (Alliance News) - Ophir Energy PLC said Thursday said it had sold it 23% interest in an offshore Mexico exploration block for USD35 million in ...

1 May 2019 14:21

JPMorgan Chase Reduces 5.2% Ophir Interest To Below Threshold (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC said on Wednesday that US bank JPMorgan Chase & Co has reduced its holding in the company to below the minim...

29 Apr 2019 16:35

JPMorgan Chase & Co Raises Ophir Energy Interest To Over 5% (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC said on Monday that US bank JPMorgan Chase & Co raised its stake in the company to 5.2% from below a minimum...

23 Apr 2019 14:28

LMR Partners Holds 5.1% Ophir Energy Stake Following Transaction (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC on Tuesday said LMR Partners LLP holds a 5.1% stake in the company after a deal on Friday last week.Followin...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.