Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Bayelsa, Samsung partner on local content, LNG carriers

    Bayelsa, Samsung partner on local content, LNG carriers

    August 21, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    Ubong Nelson

    21 August 2012, Sweetcrude, YENAGOA – THE Bayelsa State government and the Samsung Heavy Industries of Korea are discussing plans to establish a fabrication yard in Bayelsa State, to take advantage of potential liquefied natural gas, LNG, and off-shore businesses in Nigeria.

    The plan also involves the training of Bayelsa youths in Samsung’s Geoje shipyard in South Korea.
    Bayelsa State governor, Seriake Dickson, recently received a delegation of Samsung from Seoul, Korea, led by the Senior Vice President, Mr. J. H. Chung, over the plan.

    Samsung had earlier in April this year sponsored a pilot team of 20 youths from Niger Delta to their world-class fabrication yard in Geoje, Korea, for training in several areas of welding, cutting, sandblasting and painting, and upon graduation, certificates of completion, and excellence, were issued to the participants.

    Globally, Samsung Heavy Industries is leader in the high-tech, high-value ship building sector.
    It is Asia’s leading construction company, providing the best quality and technology.

    A second stage in the plan between Bayelsa government and Samsung will involve the construction of a world-class mega fabrication yard for LNG carriers.

    In addition, the yard will be capable of fabricating large off-shore structures and offer employment to the trained youths.

    It is believed that at full capacity, this facility will employ approximately 10,000 indigenes and also stimulate other secondary and tertiary businesses in the state.

    Related News

    1,500 NPA staff promoted in move to strengthen human capital base

    Oyetola formally flags off Nigeria’s IMO Council election campaign in London

    Nigeria reiterates commitment to port automation

    E-book
    Resilience Exhibition

    Latest News

    Russian energy, transport, finance companies among privatisation candidates, says finance ministry

    June 21, 2025

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    June 21, 2025

    Italy’s Eni eyes new unit to manage oil refineries, unions say

    June 21, 2025

    Libya objects to Greek tender for hydrocarbon exploration off Crete

    June 21, 2025

    Russia’s Rosatom to explore construction of high-capacity nuclear plant in Uzbekistan

    June 21, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.