Tag: FLNG

Africa’s energy landscape takes a significant step forward as Nigeria’s inaugural Floating Liquefied Natural Gas (FLNG) facility enters the construction stage, a landmark achievement for the nation’s gas monetisation and energy security ambitions. Dr. Julius Rone, CEO of UTM Offshore, announced the milestone during a recent awards ceremony in Lagos, where he was honoured as […]

The African Development Bank (AfDB) has approved a $150 million senior loan to advance the Coral North Floating Liquefied Natural Gas (FLNG) Project offshore Mozambique, marking a key milestone in the country’s energy sector expansion. Approved by the AfDB Board on 14 January 2026, the financing supports the development, construction, and operation of a second […]