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    Ophir Awards Fortuna FLNG Subsea Work

Summary

UK-listed Ophir Energy has awarded the upstream construction contract for the Fortuna FLNG project.

by: Mark Smedley

Posted in:

Natural Gas & LNG News, Africa, Infrastructure, Liquefied Natural Gas (LNG), News By Country, Cameroon, Equatorial Guinea

Ophir Awards Fortuna FLNG Subsea Work

UK-listed Ophir Energy said October 2 it has awarded the subsea construction contract for the Fortuna FLNG project; work won't start until FID is taken.

The contract, awarded to Subsea Integration Alliance, a partnership between Schlumberger-owned OneSubsea and Luxembourg-listed contractor Subsea 7, is an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the subsea umbilicals, risers and flowlines and for the subsea production systems scope of work.  

Ophir said the EPCIC schedule is consistent with the planned delivery of first gas in 2020 and work will commence at Final Investment Decision (FID), still expected by end-2017.

The scope of the EPCIC is to deliver 440mn ft3/d gas through infrastructure comprising four wells (three into the Fortuna field and one into the underlying Viscata field) located at an average water depth of 1,790 metres.

Ophir CEO Nick Cooper said: "With the full suite of upstream and midstream construction contracts now awarded this completes another milestone to FID. The government is a key stakeholder in the Fortuna project and I am pleased that the local content requirements in these contracts will help to further develop the state of Equatorial Guinea. Fortuna, West Africa's first deepwater FLNG Project, is expected to FID before the end of 2017."

Subsea7 described the value of the contract awarded to Subsea Integration Alliance as "substantial", which it defines as between $150mn and $300mn.

Gilles Lafaye, vice president Africa for Subsea 7, said: "This award demonstrates the cost effective and collaborative solutions that Subsea Integration Alliance can bring to our clients."

West Africa's first FLNG project, in shallow water offshore Cameroon led by Perenco and state SNH, is due to start producing this autumn.

 

Mark Smedley