News Post
Golar LNG Notice to Proceed for FLNG vessel on BP's Greater Tortue project
Golar LNG Limited announced that it has received a Limited Notice to Proceed ("LNTP") from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, (together "BP") in their capacity as block operators, in respect of the provision of a Floating Liquefaction Vessel (" FLNG") to support the development of Phase 1 of the Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.
The Tortue discovery was made by Kosmos Energy, which farmed down its investment to BP in December 2016. BP has the largest interest (60 percent) among the four partners in the project and is the operator.
The offshore field holds an estimated resource of over 25 trillion cubic feet of gas.
The LNTP is in furtherance of the Preliminary Agreement and Heads of Terms for a Charter Agreement with BP which was announced by Golar on April 19, 2018.
The vessel conversion would take place at Keppel Shipyard Ltd, building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's PRICO technology. Discussions regarding a minority investment in the vessel are also being progressed.
Source: Golar LNG
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