Ophir Energy has delayed taking FID on the Fortuna FLNG project in Equatorial Guinea until 2018, the company said in a statement.
Ophir had intended to reach FID by the end of 2017. It has now agreed a 12-month extension to the Block R licence, where the project is situated, to the end of December 2018.
The company and its project partners have been discussing financing with a group of Chinese banks. However, the process has taken “longer than expected” and Ophir has therefore started looking...
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