Over $400 million has been invested into Nigeria’s oil & gas sector by Global shipbuilding firm, Samsung Heavy Industries (SHI).
The commitment by Samsung Heavy Industries is said to be tax revenue and investment. This investment has been ongoing since the company was awarded the contract to...
Total Upstream Nigeria Limited (TUPNI) and Samsung Heavy Industries (SHIN) have resolved for out-of-court settlement over controversies trailing the $3.3 billion Egina Floating Production Storage and Offloading Vessel (FPSO).
The new development will apparently facilitate the completion of the...
Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah has promised an amicable resolution of the ongoing dispute between Samsung Heavy Industries Nigeria (SHI) and the management of Lagos Deep Offshore Logistics, (LADOL).
Okechukwu Enelamah, Minister of Industry, Trade and...
The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity Egina oilfield began to sail to the oilfield Sunday.
The FPSO departed LADOL Free Zone in Lagos to the offshore field, …
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Indications have emerged that since Vice President Yemi Osinbajo signed three Executive Orders in May 2017 as the then...
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