The National Petroleum Investment Management Services (NAPIMS) has thrown its weight behind Lagos Deep Offshore Logistics base (LADOL). NAPIMS, has therefore joined the Nigeria Customs Service (NCS), Nigerian Ports Authority (NPA) and the Nigerian Free Trade Zone Authority (NFTZA) that had expressed support for the operations of the logistics base.
Two General Managers of NAPIMS, Jock James and Kanayo Odoe, who took turns to address newsmen shortly after touring the project site explained that with the sitting of $3.8 billion Egina project at the yard of LADOL, the firm has raised the tempo of activities in the oil and gas industry. According to them, the logistics supports service provider company has adequately demonstrated its competence in handling such projects.
The visit of the NAPIMS top shots was meant to give them an opportunity to see things for themselves on the on-going projects at the LADOL which had so far gulped over $450 million in local content imputs. One of the multi-million naira projects otherwise known as the Egina Floating Production Storage and Offload (FPSO) Integration Platform is regarded as first of its kind in the region. The project is being handled by the management of Samsung Heavy Industries (SHI), with LADOL as its local content partner. James and Odoe expressed delight that their support for the integration of the fabrication platform at LADOL base has been justified by the quality of work currently going on at the base.
Specifically, Jock, who is the General Manager (GM), Production Sharing Contract (PSC) at NAPIMS, said the fact that promoters of LADOL had adequately demonstrated their ability to undertake the strategic project through their due diligence, informed why we stood our ground that Samsung should not take it outside the country.
Giving an insight into the initiative of NAPIMS, James said: It was a battle well fought and what we are seeing today is a reality and a testimony of the fact that we were right in our supports considering the quality of work being done here, not to mention the fact that a large number of Nigerians are engaged here to acquire trainings and skills. During our first time here some years ago, the site we are seeing today was a virgin swamp, and all we could say then was, ëif you agree with Samsung, this is where the fabrication yard will be sited.
Today, I am glad to note that the story is no longer that it can be done but it is being done right here in Nigeria. While commending the efforts of the promoters of LADOL, the NAPIMS executive said his agency has a mandate not only to support the indigenous organisation but to encourage them and other similar organizations who have demonstrated what he called ìthe can-do spirit that is needed for the nation’s economic growth. Odoe, who is General Manager, Nigerian Petroleum Exchange (NIPEX)- an arm of NAPIMS, said that with the success of the EginaFPSO project so far, “if there is ever a time to be in Nigeria, this is the time.”
Odoe explained that there are so much to look forward to in terms of positive development for an oil producing country. His words: ìI can tell that LADOL has created something to be proud of with the level of jobs being done here and the jobs being created for our youths. We will do whatever is within our powers to support LADOL because, beyond the commercial angle, this place has a lot more to offer in terms of promoting the social life of the country.