Offshore staff. LONDON — UTM Floating Liquefied Natural Gas (LNG) has signed a FEED contract with JGC Corp., Technip Energies and KBR for the development of Nigeria's first FLNG facility.. The planned FLNG will have a capacity to process 176 MMscf/d of natural gas and condensate and will be located at the Yoho Field in offshore …

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria's first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2 million metric ton per annum …

UTM Offshore Limited, a Nigerian maritime and services company, and the African Export-Import Bank (Afreximbank) signed a Memorandum of Understanding in …

ExxonMobil and NNPC as feed gas suppliers, UTM Offshore as the LNG producer and Vitol as the LNG buyer, will leverage the FLNG facility to exploit 2.2 Tcf of proven gas reserves within OML IO4 over a period of 20 years, a development that will maximize Nigeria's gas monetization for economic and gross domestic product growth.

UTM Offshore, a Nigerian marine and services group, had signed a memorandum of understanding with the African Export-Import Bank in December 2021 to raise $2bn for the development of Nigeria's ...

Lagos, 11 May 2021: UTM Offshore Limited, a Nigerian marine services company, has signed this morning a pre-Front End Engineering Design (Pre-FEED) contract with JGC Corporation of Japan for the development of a floating liquefied natural gas (LNG) project offshore Nigeria. Another contract was also sighed with KBR, who is now the …

Nigeria's UTM Offshore has signed up Japan's JGC Corp. and KBR to study its proposed floating LNG plan. JGC will carry out pre-front end engineering and design (pre-FEED) on the plan.

UTM Floating Liquefied Natural Gas has signed a FEED contract with JGC Corp., Technip Energies and KBR for the development of Nigeria's first FLNG facility.

"In a major step towards bolstering Nigeria's energy security and promoting the utilisation of its abundant gas resources, the NNPC Ltd and UTM Offshore Limited have today in Abuja signed a ...

UTM Offshore is looking to develop a second floating LNG production project offshore Nigeria, according to the company's managing director and chief executive, Julius Rone. The Nigerian firm has just signed the front-end engineering and design (FEED) contract for Nigeria's first floating LNG project. France's Technip …

Nigeria's marine and services group, UTM Offshore Limited, and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to raise $5 billion for the development of ...

Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR. This ...

28 Aug UTM OFFSHORE LIMITED, JGC CORPORATION, JAPAN, TECHNIP ENERGIES, FRANCE, AND KELLOGG BROWN & ROOT (KBR) UNITED KINGDOM HAVE …

JOHANNESBURG, South Africa — Nigerian National Petroleum Corp. (NNPC) has signed a heads of agreement with UTM Offshore Ltd. for the UTM Floating …

July 24, 2023. UTM Offshore's Julius Rone and NNPC's Mele Kyari (Image: NNPC) Nigeria's UTM Offshore and state-run Nigerian National Petroleum Corp (NNPC) have signed a heads of terms under which the latter will take a stake in UTM's planned floating LNG producer and supply feed gas to the unit. The deal for Nigeria's first FLNG project ...

At UTM Offshore, we completely agree withPresident Muhammadu Buhari that given Nigeria's potential of about 600 trillion cubic feet of gas, the commodity has the enormous potential to diversify ...

Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR.. This will be Nigeria's first floating liquefied natural gas (FLNG) facility. Africa currently has two FLNG units in operation, the Hili Episeyo in Cameroon, …

UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria's first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and …

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At the signing ceremony, the Managing Director and Chief Executive Officer of UTM Offshore Limited, Mr. Julius Rone, underscored the fact that like most other nations of the world, Nigeria was ...

UTM Offshore Limited entered into the pre-FEED agreement with JGC and KBR in May 2021. At the signing ceremony, the Managing Director and Chief Executive Officer of UTM Offshore Limited, Mr. Julius Rone, underscored the fact that like most other nations of the world, Nigeria was keen on and working assiduously towards achieving …

Engineering firm JGC, in partnership with Technip Energies, has received a contract from UTM FLNG to provide front-end engineering and design (FEED) for the proposed floating liquefied natural gas (FLNG) facility project in Nigeria.. UTM Offshore will handle the development, design, and construction of the FLNG project, which will have a …

UTM Offshore Limited is presently undertaking the construction of a floating liquefied natural gas facility situated in the deepwater Yoho field off the coast of Nigeria. This …

THE NNPC Limited and UTM Offshore Limited, Thursday signed a Heads of Terms (HoT) agreement for the construction of the nation's first indigenous Floating LNG project. Describing the Floating ...

Nigeria's marine and services group, UTM Offshore Limited, and African Export-Import Bank (Afreximbank), have signed a Memorandum of Understanding (MoU) to raise $5 billion for the development of Nigeria's first floating liquefied natural gas (FLNG) project. ... It is within the mandate of Afreximbank to support what UTM is doing in …

The official launch of front-end engineering and design work on Nigeria's first floating liquefied natural gas project is set to take place in London tomorrow. Nigerian independent UTM Offshore ...

UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria's first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and …

July 8, 2022, by Sanja Pekic. African bank Afreximbank has executed a head of terms with UTM Offshore to partially finance a floating liquefied natural gas (FLNG) project in Nigeria. Illustration courtesy of JGC Corporation. UTM Offshore is leading the development of Nigeria's first FLNG in collaboration with LNG Investment Management ...

Rone said: "At UTM Offshore, we completely agree with Mr. President that given Nigeria's potential of about 600 trillion cubic feet of gas, the commodity has the enormous potential to ...

President of the Federal Republic of Nigeria Bola Ahmed Tinubu has backed the country's first Floating Liquefied Natural Gas (FLNG) project which will be developed by UTM Offshore an indigenous company. The President in a meeting with a joint delegation of the UTM Offshore team, Technip Energies and JGC Corporation as well as the French

The African Energy Chamber congratulates UTM Offshore and its project and investment partners for signing the Front-End Engineering Design contract for Nigeria's first FLNG facility. UTM …

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 namely: Kellogg Brown and Root (KBR), UK, …

Image: UTM Offshore Afreximbank deal. UTM joined forces last year with the African Export-Import Bank (Afreximbank) to secure up to $5 billion for the development of Nigeria's first floating LNG producer. Under the memorandum of understanding, Afreximbank would provide $2 billion for the project's first phase.

UTM Offshore Limited entered into the pre-FEED agreement with JGC and KBR in May 2021. At the signing ceremony, the Managing Director and Chief Executive Officer of UTM Offshore Limited, Mr. Julius Rone, underscored the fact that like most other nations of the world, Nigeria is keen on, and working assiduously towards achieving …

Offshore Nigeria, Japan's JGC is carrying out front-end engineering and design studies on UTM Offshore's FLNG vessel, which is to be installed in OML 104.

Nigeria's local content has received a boost, following the signing of preliminary Front End Engineering Design, Pre-FEED, agreement as an indigenous firm, UTM Offshore Limited, with Japan Gas ...

NNPC said the move was a "major step" toward bolstering Nigeria's energy security and promoting the utilization of its abundant gas resources." NNPC and UTM Offshore on July 20 signed the heads of terms agreement for the construction of the FLNG project, which is expected to reach final investment decision by year-end for startup in 2026.

March 24, 2022. Samsung Heavy Industries to work on the FEED with JGC (Image: SHI) UTM Offshore is expecting to award the front-end engineering and design (FEED) contract for Nigeria's first floating LNG project in April, according to the company's managing director and chief executive, Julius Rone. Last year, Japan's JGC completed the ...

Project details. Operator: Owner: UTM Offshore Parent company: UTM Offshore Vessel: Vessel operator: Vessel owner: Vessel parent company: Location: Yoho field, offshore Nigeria Coordinates: 4.1485, 7.5526 (approximate) Capacity: 1.35 mtpa Formerly 1.52 mtpa; Status: Proposed Type: Export Start year: 2026 Financing: $5 billion from African …