New wave of FLNG to be smaller, cheaper

OPHIR Energy may have just written down its Fortuna floating LNG development in Equatorial Guinea because of a lack of funding certainty, but internationally the prospects for FLNG are roaring back, according to a new report for Westwood Energy.

Any sunrise for FLNG will be over smaller projects.

20 September 2018
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Ophir wrote down the value of Fortuna to US$300 million after the dissolution of the OneLNG JV and the withdrawal of Schlumberger from the project raised the funding risks, and

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