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UTM Offshore

Energy

Sylva hails UTM offshore, partners on agreement for Nigeria’s first FLNG facility

The Federal Government has applauded the UTM Offshore Limited and its technical partners on agreements for the commencement of Front End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility. The agreements which involved three technical partners…

NewsDirect
November 18, 2022

Business

Afreximbank, UTM Offshore sign $2bn MoU for Nigeria’s first floating LNG project

The African Export-Import Bank (Afreximbank) and UTM Offshore have signed a Memorandum of Understanding (MoU) to raise $2 billion for the development of Nigeria’s first Floating Liquefied Natural Gas (FLNG) project. The UTM Offshore FLNG will be the first such…

NewsDirect
December 9, 2021