
Golar LNG Ltd.’s FLNG vessel Gimi has received feedgas from a BP-operated FPSO on the Greater Tortue Ahmeyim project offshore Mauritania and Senegal. (Source: ssi77/Shutterstock.com)
Golar LNG Ltd.’s floating LNG (FLNG) vessel Gimi has received feedgas from a BP-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.
BP said it began flowing gas from wells at the GTA Phase 1 LNG project in early January.
Gimi arrived at the GTA Field in January 2024.
Golar LNG said full commissioning of the FLNG has commenced. Previously, gas from the LNG carrier British Sponsor was being used to undertake advanced commissioning work.
Receipt of gas from the FPSO allows the full commissioning activity to ramp up. The first LNG export cargo is now expected during first-quarter 2025. The full commercial operations date (COD) is expected within second-quarter 2025, subject to all conditions being met.
COD will trigger the start of the 20-year lease and operate agreement that unlocks the equivalent of around $3 billion of adjusted EBITDA backlog (Golar's share), the company said.
Recommended Reading
Exxon Slips After Flagging Weak 4Q Earnings on Refining Squeeze
2025-01-08 - Exxon Mobil shares fell nearly 2% in early trading on Jan. 8 after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
2025-02-04 - Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
Equinor Commences First Tranche of $5B Share Buyback
2025-02-07 - Equinor began the first tranche of a share repurchase of up to $5 billion.
Q&A: Petrie Partners Co-Founder Offers the Private Equity Perspective
2025-02-19 - Applying veteran wisdom to the oil and gas finance landscape, trends for 2025 begin to emerge.
Rising Phoenix Capital Launches $20MM Mineral Fund
2025-02-05 - Rising Phoenix Capital said the La Plata Peak Income Fund focuses on acquiring producing royalty interests that provide consistent cash flow without drilling risk.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.