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Equatorial Guinea: Ophir development plans

As Ophir Energy weighs options for development of its Block R gas, the company has signed a non-binding letter of intent with Petrofac to act as development operator up to the final investment decision. This role is expected to include preparing and issuing a field development plan for the project, and co-ordinating the upstream and midstream elements. Ophir has also held discussions with a number of floating liquefied natural gas (FLNG) vessel providers. The company said it had received several proposals, a number of which have been shortlisted for further assessment with non-binding letters of intent signed on 20 February in Singapore.

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