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    E&P Mag: Ophir Hunts Fortuna Partners (Equatorial Guinea)

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Summary

Ophir Energy says that it wishes to find farm-in partners for its Fortuna gas field, Equatorial Guinea, ahead of first gs from the offshore field

by: Erica Mills

Posted in:

Press Notes, Africa

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E&P Mag: Ophir Hunts Fortuna Partners (Equatorial Guinea)

Ophir Energy, busy pushing on with its pioneering Fortuna (SEN, 32/8) FLNG Block R project offshore Equatorial Guinea, expects to have farm-in deals done with potential new partners before it takes a final investment decision (FID) mid-2016.

With an estimated gross investment of $800 million for the development by the time of first gas, Ophir wants to sell down its current 80% operated stake in the block so that the entire cost of the project is funded by the sales proceeds.

Read the full article HERE.

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