BP's Tortue/Ahmeyim FLNG Project Pushes Ahead

Maritime Activity Reports, Inc.

December 17, 2018

Golar LNG Limited announced Monday that it has received a Limited Notice to Proceed (LNTP) from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, in their capacity as block operators, in respect of the provision of a Floating Liquefaction Vessel (FLNG) to support the development of Phase 1 of the Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.

The LNTP is in furtherance of a Preliminary Agreement and Heads of Terms for a Charter Agreement with BP announced by Golar in April 2018.

The vessel conversion would take place at Keppel Shipyard Ltd building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's PRICO technology.

Golar said discussions regarding a minority investment in the vessel are also being progressed.

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