Season of LNG deals in Nigeria as ExxonMobil, firm Seal $406m supply contract
Barely few days Chevron, NLNG signed GSAA with refineries, manufacturing and power generating firms on supply of gas, Exxon Mobil Corporation’s subsidiary, SeaRiver Maritime has concluded $406.2million two new LNG carriers deal. According to the company, each of the LNG…
Shooting to death of Korean staff of Samsung at LADOL rekindles rivalry
Barely few months after the apparent resolution of the crisis that rocked final delivery of the Samsung Heavy Industries (SHI) built Egina FPSO with the management of Lagos Deep Offshore Logistics Base (LADOL) Free Zone in Lagos, another deadly crisis…
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…
Egina FPSO: Samsung deepening corrupt tendency in Nigeria—Prof Oditah
Legal luminary and lead counsel to Lagos Deep Offshore Logistics Base (LADOL), Prof. Fidelis Oditah, has accused Samsung Heavy Industries (SHI) – a subsidiary of the Samsung Group, Korea of trying to entrench its corrupt tendencies in Nigeria. The accusation…
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…
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…
$3bn Egina FPSO completed, on the way home from Korea
South Korean technology giant and shipbuilder, Samsung Heavy Industries (SHI), has kept its promise to complete the construction of the $3bn Egina floating production storage and offloading (FPSO), in September and sail it home to Nigeria between October and November…
