NNPC signs agreement with UTM Offshore for FLNG project
The UTM FLNG project is expected to produce 176 million cubic feet of gas per day from the Yoho offshore field.
21 July 2023
21 July 2023
The UTM FLNG project is expected to produce 176 million cubic feet of gas per day from the Yoho offshore field.
A coalition of Japanese oil and gas companies holds 10% of the project, equivalent to two million tons of LNG.
Under the $21.3bn Arctic LNG 2 project, three LNG liquefaction trains will be constructed.
This comes after PDVSA suspended the contract with Maroil following concerns regarding receivables and the validity of the contract.
In Bulgaria, the two parties aim to advance the Vranino 1-11 exploration block.
It was reported that Gasum suspended LNG imports from Russia in April for an undetermined reason.
With current output at around 6,000 barrels of oil per day, well performance is in line with expectations.
City & Guilds and Engineering UK surveyed 1,000 energy sector workers, including 500 in high-carbon energy industries.
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