Cameroon FLNG: Hilli Episeyo ships first FLNG cargo

The Hilli Episeyo FLNG project has exported its first LNG cargo, destined for China, and is on the way to producing its second cargo. It is the first FLNG project to take off in Africa and could pave the way for future projects in Equatorial Guinea (Ophir's Fortuna project) and Mauritania (BP/Kosmos). FLNG technology was been pursued by Golar after the cost of land based LNG projects soared. Golar has been converting old LNG tankers into...

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Perenco acquires Gabonese assets from Total

On 27th February Total announced that it had agreed the sale of its Gabonese assets to Perenco for USD350 million. Perenco will acquire: Total Participations Petrolières Gabon ("TPPG") a wholly owned subsidiary of Total which has interests in 10 assets; and 5 assets from Total Gabon, the publicly listed entity in which Total owns 58.3% and the government of Gabon 41.7% The package will comprise of 12 fields (some are owned by ‎TPPG and Total...

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