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A Lagos State High Court sitting in Igbosere has delivered another judgment in favour of Samsung Heavy Industries Nigeria Limited (SHIN) and its subsidiary, SHI-MCI FZE, against Global Resources Management Limited and LADOL.
A Lagos High Court in Igbosere has dismissed an application by Global Resources Management Limited and LADOL Free Zone seeking to stay the judgment of the court delivered five months ago in a suit between it and Samsung Heavy Industries Nigeria Limited (SHIN) and its subsidiary SHI-MCI FZE.
One person was killed Tuesday in yet another case of ‘accidental discharge’ by a Nigerian security officer.
In recognition of a sterling performance in the oil and gas servicing industry, Managing Director of Lagos Deep Offshore Logistic Base (LADOL), Amy Jadesimi, has been named the oil and gas leading woman.
Samsung Heavy Industries (SHI) says it has invested over 400 million dollars in the Nigerian oil and gas industry since the global shipbuilding giant was awarded the contract to build the Floating Production Storage Offloading (FPSO) vessel for the 200,000 barrels of crude oil per day Egina deepwater field.
The Honorable Minister of State under the Federal Ministry of Industry, Trade and Investment, Hajiya Aisha Abubakar, has intervened and successfully resolved the issues raised by Africoat Free Zone Enterprise, FZE, with Lagos Deep Offshore Logistic Base, LADOL.
The Managing Director of Lagos Deep Offshore Logistic Base (LADOL), Dr. Amy Jadesimi, has described respect and equality as the key to successful and sustainable partnership in any business environment, particularly in high growth and low income market.
President Muhammadu Buhari has said that his administration will continue to implement policies that attract investment and spark competition in critical sectors of the economy for employment creation and growth.
“Without prejudice to the final outcome of the committee findings, you are hereby directed to renew the operating license of SHI-MCI FZE in LADOL Free Trade Zone Enterprise for the period under review 2018/2019 pursuant to the delegated powers provided under S.(41) of the LADOL Free Zone Regulations 2016.”
The Managing Director of Lagos Deep Offshore Logistic (LADOL) Base, Dr. Amy Jadesimi, has reiterated her support to the International Maritime Organization (IMO) vision to phase out Green House Gas (GHG) emissions as soon as possible.
The Managing Director of Lagos Deep Offshore Logistic Base (LADOL), Amy Jadesimi, has joined a group of 33 chief executive officers from across the maritime value chain and from all around the world to sign a call for action and to lead the maritime industry in a transition towards a new decarbonized future in Hong Kong.
The dispute between the Lagos Deep Offshore Logistics (LADOL) Base and the Samsung Heavy Industry (SHI) has taken a different dimension as both companies now face legal battle over the ownership of SHI MCI Free Zone Enterprise, a joint venture set up for the execution of Egina Floating Production Supply and Offloading (FPSO) project.
Following the recent refusal of entry to workers of the Samsung Heavy Industries Nigeria (SHI), the management of Lagos Deep Offshore Logistics, LADOL, has justified the sacking of the fabrication and integration company from the free zone over expiry of operating licence.
Lagos Deep Offshore Logistics (LADOL), operators of the Egina Floating Production Storage and Offloading (FPSO), has sued its partner Samsung Heavy Industries, over an alleged disregard for Nigerian laws and regulations on doing business.
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