Pioneering FLNG project to be presented in London

The FLNG facility, set to be completed by 2026, will encompass a range of crucial components such as a turret mooring system, gas pretreatment modules, LNG production modules, living quarters, self-contained power generation and utilities, and storage and offloading capabilities.

Last year, UTM Offshore secured the front-end engineering and design contract in collaboration with renowned companies Kellogg Brown and Root, Japan Gas Corp and Technip Energies.

Excitingly, a final investment decision (FID) is on the horizon. Mr Rone suggested FID might be made as early as Q4 this year, with project start-up scheduled for Q4 2026.

Overall, UTM Offshore’s FLNG project in Nigeria represents a significant milestone in the country’s energy sector, with the potential to revolutionise the LNG industry.

He said, “When completed, it will produce 1.7M tonnes per annum of LNG and 300,000 tonnes of LPG which will be fully dedicated to the domestic market. The project is estimated to provide direct employment for 3,000 Nigerians and indirect employment for an additional 4,000 people. The LPG produced will help bring down the price of cooking gas, improve the socioeconomic wellbeing of Nigerians, and reduce deforestation and carbon emissions.”

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