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Nzube Nlebedim, Nigeria Field Editor March 11, 2021 Privately-owned Nigerian company UTM Offshore has been awarded a license to install a floating liquefaction (FLNG) unit at its Yoho oil field. This marks the first FLNG license to be issued in Nigeria. UTM Offshore is expected to install a 1.2 million tons per annum FLNG unit at the Yolo field. The legal advisor for the deal, Templar, has said that the unit will be able to produce and process about 176 million cubic feet per day of gas, providing 1-2 cargoes monthly. The field is owned by ExxonMobil subsidiary, MPN, which holds a 40 percent stake and operatorship, and the Nigerian National Petroleum Corporation, which has a 60 percent stake.

Dayo okusamiNigerian national petroleum corporationTemplar energyPrivately owned nigerianProjects partner dayo okusamiNigerian governmentநைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம்தற்காலிக ஆற்றல்ப்ரைவேட்லீ ஓஂட் நைஜீரியன்நைஜீரியன் அரசு