LNG

Marathon Oil Corp., the US company and shareholder in Equatorial Guinea LNG in West Africa, has signed an accord with a unit of US major Chevron to progress with the development of the Equatorial Guinea Regional Gas Mega Hub (GMH) project.

Africa Oil Corp., a Canadian energy company based in Vancouver and with producing and development assets in deep water Nigeria, has signed production-sharing contracts with LNG potential offshore Equatorial Guinea in West Africa.

Kosmos Energy, the Dallas-based shareholder with BP of the UK in the floating LNG projects offshore Mauritania and Senegal, said it looked forward to building a self-funded gas business in West Africa and progressing with its high-quality exploration prospects for 2021.

Noble Energy, the US exploration and production company, has reported that its liquefied natural gas feed-gas plans for offshore Israel and Equatorial Guinea were on track.

Noble Energy, the US exploration and production company with interests offshore the East Mediterranean and Equatorial Guinea, reported higher annual sales and said the first phase of the Leviathan project offshore Israel was on track.

Ophir Energy, the UK company that planned a floating LNG export project offshore Equatorial Guinea, has been told by the West African nation that its exploration and production licence that underpinned the project has not been renewed.

Ophir Energy, the UK company based in London that was forced to suspend plans for LNG export projects in Equatorial Guinea and Tanzania, plans to move its head office to Asia and cut costs while awaiting the appointment of a new Chief Executive.

July 12 (LNGJ) - Ophir Energy, a stakeholder in the stalled Fortuna floating LNG project offshore Equatorial Guinea in West Africa, is still looking for a new CEO after the departure of Nick Cooper in May from the UK company. “Our search for a new CEO is making good progress and a number of highly experienced and qualified external candidates have been identified,” said Alan Booth, Interim CEO of Ophir. “The Board will of course provide further updates as and when appropriate,” he added. Booth said that since stepping into the role of interim CEO he had defined several goals, including to “explore every avenue to create value from our Fortuna FLNG project.”

Golar LNG, the fleet owner and project company, reported mixed fortunes for the floating production ventures it is involved in offshore four nations in West Africa, Equatorial Guinea, Cameroon, Senegal and Mauritania.

Ophir Energy, the UK-based energy company and stakeholder in the Equatorial Guinea floating liquefied natural gas project offshore West Africa, said Chief Executive Nicholas Cooper was leaving the company amid delays in taking the FLNG joint venture to a final investment decision.