Equatorial Guinea: Second FLNG scheme in prospect

The Ministry of Mines and Hydrocarbons has announced a binding agreement with the OneLNG joint venture to commercialise gas from Noble Energy’s blocks O and I. OneLNG, a joint venture between Golar LNG and Schlumberger, will commit funding to explore the technical and commercial feasibility of a floating liquefied natural gas (FLNG) project. OneLNG is already a partner with Ophir Energy in the Fortuna FLNG project on Block R, where a final investment decision is due at mid year.