In the statement, the company claims that the Fortuna floating LNG (FLNG) project remains on schedule for a final investment decision in 1H17, with the company and its partner, OneLNG, making good progress.
In November 2016, Ophir Holdings & Ventures Ltd and OneLNGSM announced that they had signed a binding shareholders’ agreement to establish a joint operating company (JOC) to develop the Fortuna project in block R, located offshore Equatorial Guinea.