Business Hilights

Tracking Nigeria's Headline Business News Online

ladol

LADOL: Between abuse of local content by local firms and foreign investors

By Moses Akpan-Etukudo Transparency and successful collaboration between Nigerian and international businesses is the key to unlocking Nigeria’s vast oil-wealth for the benefit of ordinary Nigerian citizens. However, local content provisions must not be a way for Nigerian businesses to…

Is FG’s intervention a failure on LADOL, Samsung HI operating license crisis?

In the past few days, there had been some levels of sinister and counter-sinister campaigns between the LADOL management and Samsung Heavy Industries (SHI) since the fallout of misunderstanding from the domestic integration jobs on the arrival of Total\s Egina…

Two issues Total Upstream must address as Egina FPSO arrives LADOL facility

Just as excitements grow for the successful arrival of the $16bn Egina Floating Production, Storage and Offloading (FPSO) vessel, industry analysts have started looking at critical challenges that may frustrate the concluding fittings of the facility at Samsung Yard (SHI-MCI…

Explain why Egina FPSO is more expensive than others worldwide, Senate tells Total

A fresh twist is engulfing the recently completed $16bn Egina floating, production, storage and offloading (FPSO) by Total Upstream Nigeria Limited. In a memo obtained by Business Hilights Abuja Bureau chief, the Senate Committee on Local Content is seeking to…

LADOL getting ready to complete Total’s Egina FPSO integration

The high-value sustainable industrial free zone in Lagos, LADOL, is proud to announce its readiness for the completion and integration of the $3bn Total’s Egina Floating Production Storage and Offloading (FPSO) platform immediately it arrives from South Korea early next…

LADOL has all it takes to facilitate any car manufacturing plant— Amy Jadesimi

The Managing Director of the Lagos Deep Offshore Logistics (LADOL), Dr. Amy Jadesimi, has opened up on the quality and standard of facility already in place at the company facilities on the Free Zone. Giving insights on the preparedness of…

Transport

LADOL chairman, Jadesimi denies illegal berthing of vessels, sees base as emerging hub

Chairman of the Lagos Deep Offshore Logistics (LADOL), Ladipupo Jadesimi, has described allegations of berthing vessels illegally at the base as unfounded, saying all is set for the base to become Nigeria emerging hub for Floating Production Storage and Offloading…

LADOL’s MD, Jadesimi set to address Global Forum on Development in Paris

The Managing Director of the Lagos Deep Offshore Logistics base (LADOL), Dr. Amy Jadesimi, will early next month address a Global Forum on Development under the auspices of the Organisation of Economic Cooperation and Development (OECD), in Paris, France. The…

LADOL, other blue chips angling to reap from $12tn GED investment drive

Though the 2017 World Economic Forum (WEF) summit has come and gone, intelligence companies have started restructuring and repackaging to fit into the class that will tap from the emerging $12tn Global Economic Development (GED) basket. Already, the Lagos Deep…