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the expertise and knowledge the coun- integration completed at LADOL. She at LADOL, as well as potential life-

EPIC try has lacked, in turn creating a center says the project, “from our side,” is on extension projects. LADOL will also of gravity for the industry. schedule. Jadesimi hopes that by the look to serve the broader West African

A 120,000sq m facility with a 500m- third FPSO project, the full integration market and potentially beyond that, if long quay wall area has been created at work will be done in Nigeria. Longer it can.

LADOL, with the capacity to fabricate term, there could be the potential to

Jadesimi also thinks they can have about 1000-tonne/month, Jadesimi says. build a drydock, she says.

a positive impact on costs. “We want

Because of its location, the facility can Jadesimi admits the technology and to see how we can bene? t small ? elds handle up to 10,000-tonne modules, knowledge transfer will not happen and help reduce costs on FPSOs,” whereas before this had been limited to overnight. The aim is that, over 10 years, she says, by having fabrication and 500-1000, Jadesimi says. expertise will be transferred to lo cal integration more local to projects. “This changes the market in West staff, starting with 90% technology and “Throughout the next 10 years the cost

Africa, we will be able to do projects knowhow from Samsung. of these FPSOs will be coming down

This, and the need to pay off the because it will be cheaper to do it

Africa could not do before, and it takes investment in the facilities, will mean closer to the ? eld.”

Nigeria to the next level,” Jadesimi says. one project is not enough to pay off the “Because we can do these very large LADOL’s project has faced both investment in the facility, so LADOL projects, it will stimulate investment to skepticism that it could work and also will be looking for more work. Jadesi- increase demand for fabrication.” a legal wrangle over local content. But, mi thinks it will be there, with major

A quay wall will be ready in Q1 2016, Jadesimi is con? dent they can succeed: projects waiting in the wings, includ- with the Egina FPSO due to arrive “There is a market large enough to ing a potential expansion of the Shell sometime in the next 12 months “or so.” justify this infrastructure investment

Bonga project and ExxonMobil’s Bosi

Work fabricating some of the offshore and we are con? dent going forward it ? eld. Both appear to have been slowed, modules for the FPSO has already will be used because of the oil and gas by both low oil prices, but also Nige- started. Jadesimi was unable to be more act. The drop oil price will slow down ria’s Petroleum Industry Bill, which is precise about the date or about the exact new markets and bring back interest in still unsettled. But, Jadesimi says there percentage and breakdown of the work to Nigeria because it is more developed. are a lot of smaller ? elds that could re- packages, other than that the hull will But we also expect to see more explora- quire infrastructure, and which could be partially integrated in Korea then tion and production in new countries in open a market for FPSO refurbishment modules will be built in Nigeria and the West Africa as well.”

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