UTM Offshore said it has signed a deal with the African Export-Import Bank (Afreximbank) to secure up to $5 billion for the development of Nigeria’s first floating LNG producer. Under the memorandum of understanding, Afreximbank would provide $2 billion for the project’s first phase. Also, the bank further committed to funding another $3 billion for … Continue reading UTM Offshore inks deal to secure up to $5 billion for Nigeria’s first FLNG project