23 October 2016, Lagos – The Lagos Deep Offshore Logistics, an indigenous logistic service organisation has said it is looking to strike up a strategic partnership with multiple Norwegian companies for oil and gas business development in the country.
The company started this during the visit of a delegation of the Nigerian-Norwegian Chamber of Commerce to the Lagos Deep Offshore Logistics in Lagos.
The Executive Director of LADOL, Mr. Jide Jadesimi, who received the team on behalf of the Managing Director, Dr. Amy Jadesimi, conducted them round the base where the company currently plays host as the local content partner to Samsung Heavy Industries in the fabrication of a $3.8bn oil platform.
Jadesimi, said, “The fabrication is 60 per cent completed; the actual facility itself is over 90 per cent completed. The only thing that is left to do on our fabrication and integration yard is the dredging, which is going to start in the next week or two.”
He said the base was developed as a Greenfield swamp by indigenous players about a decade ago, and that over a $104m had been invested even before the company got its first contract.
He assured the visiting team of the readiness of the company to do business with Norwegian companies, saying the base was well fortified with all necessary government agencies such as the Nigeria Customs Service, Immigration Services, the Nigerian Navy, and Ports Authority officials.
“I can assure you that the future here is bright for foreign direct investments, even though we have a few challenges, which borders on bureaucracy and red tape, but these are issues that government is vigorously addressing,” Jadesimi said.
The Regional Director, Brazil, India and Africa, INTSOK – Norwegian oil and gas partners – Mr. Gulbrand Wangen, stated this on Thursday Wangen, said, “The most important message on behalf of Norwegian industries is that the government should manage to get the petroleum industry bill approved so that criteria for investment in Nigeria can be transparent and understood by operators and to ensure that new projects are being sanctioned.
“Without new projects in Nigeria, there will be no Norwegians coming here to look for partnerships. In Africa, we have focused on five markets and Nigeria is one of them. We are here this week with nine companies, helping them to understand how to do business in Nigeria.”
He said they were working with the Nigerian-Norwegian Chamber of Commerce, which was established this year.
Wangen said, “We are here because we have heard about LADOL and I must say we are impressed by what we have seen. What we have seen will enable us to properly advise those companies back home as to what is going on here.”