Business Hilights

Tracking Nigeria's Headline Business News Online

LADOL Dockyard

Egina FPSO arrives oil field, production stalled by LADOL, Samsung dispute

The industry wide celebration that welcomed the safe arrival of $3.3bn Egina Floating Production Storage and Offloading (FPSO) is now being rubbished by high level conflict between the management of LADOL and Samsung Heavy Industries (SHI), South Korea. The platform…