Golar reaches terms for Equatorial Guinea FLNG
Golar LNG signed a binding heads of terms with Ophir Energy PLC for provision of the Golar floating LNG (FLNG) vessel Gimi. Ophir’s Equatorial Guinea Block R upstream partner GEPetrol approved the terms and will formally ratify them next week. The agreement will be structured as a 20-year tolling contract, starting commercial operations first-half 2019.