Korean shipbuilding giant, Samsung Heavy Industries (SHI) has transformed Nigeria into a hub for fabrication and integration
of Floating Production Storage Offloading unit in Africa, the Nigerian Content Development and Monitoring Board has declared.
“Under the local content implementation we have seen a major breakthrough with the massive investment by Samsung in Lagos. The Korean giant set a new record on Nigerian content when it successful completed the FPSO unit, the largest floating oil platform in the world and also achieved its first oil in the facility.A number of records were broken during construction with the project becoming first ever project to meet Nigeria’s demanding new standards for local content as attested to by the NCDMB.
“This success story has been made possible through Samsung Heavy Industries’ belief in the potential of Nigerian companies and workers to deliver to their tough, exacting standards. “As we all know, the oil and gas industry is growing across the whole of Africa and that means many more floating oil platforms and other pieces of large equipment need to be repaired, maintained and built,” the company said.
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