Long term investment, collaboration key in achieving global standards – LADOL

Long term investment, collaboration are key if indigenous investors in the oil and gas industry are to achieve global standards says, Amy Jadesimi, managing director of Lagos Deep Offshore Logistic Base, LADOL Free Zone,

Amy stated this when the Minister of State for Petroleum Resources, Ibe Kachikwu and Simbi Wabote, the Executive Secretary of Nigeria Content Development and Monitoring Board, NCDMB, visited Total’s Egina FPSO at Samsung Heavy Industry – Mega Construction Industry, SHI-MCI yard at LADOL’s Free Zone on Tuesday.

“I will encourage indigenous companies to make long term investment, long term capacity development. I also encourage collaboration. We have to work together, we have to make sure that we grow the size of the market by holding hands, demanding that more work done here and doing that work at global standards,” she said.

She explained that since its inception in 2001, LADOL has continued to engage in one construction after the other till date and will continue to engage in more constructions to ensure more Nigerians are trained and perpetually employed through its up skilling academy.

“We are starting our Upskilling academy later in the year. Through this academy, we want to make sure that workers who worked in the Egina FPSO are perpetually employed and we want to make sure that more workers are trained for future projects,” she added.

She thanked Total, NCDMB, and the Minister for their relentless support to LADOL.

“As some of you know, such a feat won’t be possible if NCDMB hadn’t insisted on it been possible. If Total had not taken the huge risk at a time nobody thought it was possible to support us to make it possible. We also want to thank NCDMB for providing us with financial support.

She said even though this is a day of celebration however, we know that the work continues, and we promise everyone that LADOL will continue to work hard to meet its mile stones and make sure that the 50,000 jobs directly and indirectly, saying that there is hope that there would be more capacity development created across the country and perpetual employment for the Nigerians working with Egina today.

Also speaking, Frank Ejizsu, chief operating official of Samsung Heavy Industries in Nigeria, said that many people never believed the project was going to happen, adding that it however would not have happened without the support of Nigerian National Petroleum Corporation NNPC, Total Exploration and Production and the Federal Government.

He said his company would begin to mount the six modules on the FPSO by March and that there were no injuries recorded throughout the duration of the project.

“We will work to target so that the FPSO would move to site by the end of July”, he said.

 

Olusola Bello