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Equatorial Guinea: Block R Project

April 13, 2015

Ophir Equatorial Guinea (Block R) Limited has awarded WorleyParsons a contract for provision of engineering and project management services for their Equatorial Guinea Block R Project (The Fortuna Project). 

Also awarded by Ophir Holdings is a master services agreement to provide engineering support to any of Ophir’s worldwide assets. Block R is a gas development located offshore Equatorial Guinea 140 kilometres southwest of Bioko Island and covers an area of 2,450 square kilometres with water depths ranging from 1,400 metres to 1, 900 metres. 

Ophir and its partners are planning to develop the gas reserves through phased installation of a 20 well subsea production system supplying dry gas to a locally moored floating liquefied natural gas (FLNG) facility with a capacity of 3 MTPA. 

Source: SPTEC Advisory from Oil and gas technology