Senegal/Mauritania: BP’s Tortue gas scheme edges towards FID

BP has given Golar LNG Limited a limited notice to proceed for the provision of a floating liquefaction vessel to support the development of Phase 1 of the Greater Tortue/Ahmeyim field as the project closes in on an imminent final investment decision (FID). This follows a preliminary agreement and heads of terms for a charter agreement with BP announced by Golar in April. FID on the development is planned around year-end or early in 2019, once the governments have granted an exclusive exploitation authorisation.