Equatorial Guinea pushes gas schemes, local content

Ophir Energy signed a memorandum of understanding (MoU) on 6 November with Excelerate Energy, GEPetrol and the Ministry of Mines, Industry and Energy for a planned floating liquefied natural gas (FLNG) project on Block R. Excelerate will be appointed as the lead in a consortium of floating liquefaction and storage technology providers expected to include Samsung Heavy Industries and Black & Veatch.It will be Africa’s first floating LNG project, and will gain a market advantage by coming on stream sooner than planned schemes in Tanzania and Mozambique