UTM Offshore, JGC, Technip Energies sign agreements on Nigeria’s FLNG
By: Vanguard Newspaper
Nigeria’s quest for energy transition received a huge boost on Wednesday as an indigenous firm, UTM Offshore Limited, signed agreements with three technical partners, Kellogg Brown and Root, KBR, UK; Japan Gas Corporation, JGC, and Technip Energies Limited, for the commencement of the Front End Engineering Design, FEED, for Nigeria’s first Floating Liquefied Natural Gas, FLNG, facility. The agreements were signed at a brief but colorful event at the Hilton Park Lane, London, UK.
The Front End Engineering Design, FEED, contract with the three firms essentially entails conducting for UTM Offshore Limited, various studies to figure out technical issues and estimate rough investment costs for the FLNG facility prior to the Engineering, Procurement, and Construction, EPC, phase of the project. The timeline for this phase of the FLNG project is 10 months.