Index to Nigerian Newspapers

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he Nigerian National petroleum company Limited and UTM offshore Limited on Thursday , signed a heads  of terms agreement for the construction of Nigerias' first indigenous 1.5 million tonnes per annum floating Liquefied Natural Gas project . UTM offshore ,a Nigerian marine and services group , had signed a memorandum of understanding with  the African Export -import Bank in december 2021 to raise $2bn for the development of  Nigerias' floating liquefied natural gas project. The statement stated that UTM had been studying and concetualising the develoment of an FLNGin Nigeria since 2020.

 

one person has reportedly died while three others went missing after an oil rig, majestic near Ovhor, collapsed in Delta state on Tuesday. The PUNCH gathered that the swamp drilling rig, operated by a Nigerian oil firm ,Depthwize, collapsed in the early hours of tuesday. the rig was contracted by the seplat /Nigerian National petroleum company limited joint vventure when the incident occurred. The rig was in transit to its planned drilling location at Ovhor in Delta state when it collapsed.Our utmost priority will continue to be the safety and well being of all the affected personnel and their families.we will provide further details as our understanding of the incident develops. A Detailed investigation into the cause of the accident will follow.