The agreement targets 400-500 MMcfpd of gas. Nigerian National Petroleum Co. Ltd. (NNPC) has tapped Golar LNG Ltd. for the deployment of a floating liquefied natural gas (FLNG) facility in Nigeria.

FLNG fired up: Nigeria project on ExxonMobil field could light touch-paper for future floating liquefaction schemes. If $1.2 bn development is sanctioned, ...

FLNG player to pick shipyard for Nigeria’s first vessel — funds for second unit a deal breaker. UTM Offshore eyes contract award in early 2024, with chosen yard likely to also help fund follow ...

As a leading provider of oil and gas, marine, and energy industry services, UTM Offshore is currently driving Nigeria’s energy transition through the development of a floating LNG ( FLNG) plant ...

In 1Q25 FLNG has net income of $18.729 million, while paying total dividends of $40.566 million. In fact their cash from operations at $40.179 mm did not even cover the dividends paid.

FLNG's ships will already be 25-30 years old by then, in an almost worst-case scenario. Those are odds I'm comfortable with for now. Reply. Like (2) See More Replies. PapaWhisky. 21 Aug. 2024.

Amidst high cost of fuel in the country, UTM FLNG, a Nigerian gas company has concluded plans to set up the first Floating Liquified Natural Gas (FLNG) facility in Nigeria. The facility is going ...