GEPL's flagship technology is the MOPU conversion: a proven jackup rig hull transformed into a fixed, self-installing offshore gas processing facility. Conversion is performed at GSP's Agigea shipyard in Romania — GSP's own facility, with no third-party yard dependency, giving GEPL direct control over schedule and cost.
GSP has executed exactly this concept before. Romanian waters. Turkish Black Sea. The same shallow water depths. The same gas-condensate profile. The same self-installing jackup logic. This is not experimental. It is a business model with a verified proof point, now applied to West Africa for the first time.
What makes GEPL structurally different from every competitor is ownership. GSP owns the rig. GSP owns the shipyard. GSP executes the conversion. The $30M to $50M per year in charter costs that every other operator pays — GEPL eliminates entirely. The rig simultaneously counts as an in-kind equity contribution to the project. No comparable structure exists anywhere else in West African offshore energy.
GSP's own facility. No third-party yard dependency. Controlled schedule, controlled cost, full engineering visibility.
Specialist MOPU conversion engineers. Zentech conducted feasibility and conceptual engineering for GEPL's specific asset conditions.
Comfortably exceeds target shallow-water depths. Same concept applied in Romanian and Turkish Black Sea operations.
Three-phase separation · CO₂ amine sweetening · TEG dehydration · NGL stabilisation · Export compression · Fiscal metering.
GSP ownership eliminates charter costs entirely. MOPU also contributed as $125M in-kind equity — a structural capital efficiency no competitor can match.
Full ABS class. 90-person accommodation. Self-installing — no heavy-lift vessel required at any stage of installation.