Nigeria: UTM FLNG Project Enters EPCIC Stage
The Engineering, Procurement, Construction, Installation and Commissioning phase will propel UTM Offshore’s FLNG project forward.
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The Engineering, Procurement, Construction, Installation and Commissioning phase will propel UTM Offshore’s FLNG project forward.
Group Managing Director and CEO Julius Rone will participate in an investor roundtable at the upcoming forum, as the company leads a transformative gas-focused transition in Nigeria.
With Africa set to dominate the FLNG market between now and 2027, U.S. operators and contractors can play a leading role in realizing new LNG capacity, alongside onshore developments.
The FLNG projects have a capacity to produce six million tons per annum.
UTM Offshore, NNPC Ltd and the Delta State Government have signed a shareholders agreement for the development of the first FLNG project in Nigeria.
Gimi Floating Liquefied Natural Gas (FLNG) vessel is expected to arrive in Dakar, Senegal on 12 January, where it will serve the first phase of oil and gas supermajor bp’s, Greater Tortue Ahmeyim (GTA) project, straddling the maritime border of Mauritania and Senegal.
Following the milestone, the Tango FLNG facility is expected to produce first LNG by Q1 2024.
Golar LNG’s FLNG Gimi embarks on journey for GTA project launch, eyes Q1 2024 start.
The global Floating Liquefied Natural Gas market (LNG) is bullish and Africa is holding a lion’s share of projects and investments driving industry growth.
UTM Offshore signed a project preparation facility agreement with Afreximbank for the country’s pioneer Floating Liquefied Natural Gas (FLNG) development.