The technical partner of the Lagos Deep Offshore Logistics Base (LADOL), in the building of the $3.8 billion Egina oil production vessel at LADOL’s Free Zone, Samsung Heavy Industry (SHI), has said that the hull of the Floating Production Storage and Offloading (FPSO) vessel being built in Korea, is expected to arrive in Lagos in the first quarter of 2018, THISDAY reports.
LADOL is currently playing host to the fabrication of a $3.8 billion oil and gas logistics service facility–FPSO rig, otherwise called the Egina project. The project, which has been described as first-of-its-kind in the Sub-Saharan African region, is being built for Total Exploration and Production Company, with LADOL acting as the local content partner.
Giving an update on the project when a group of government officials visited LADOL, Egina Project Manager for SHI, Frank Ejeze, said that there is still ongoing work on the vessel in Korea, which made it impossible for the FPSO to arrive in the third quarter of 2017 as earlier proposed.
According to him, the facility was built by Nigerians under the supervision of Koreans as about 1200 Nigerians and 150 foreigners, had worked on the project especially at peak period. The project manager further stated that work at the integration site in LADOL is nearing completion.
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