Wednesday 28 October 2015

N600BN INDIGENOUS FPSO READY BY 2017

KentebeNigeria will realise the national aspiration of building its first indigenous Floating Production Storage and Offloading (FPSO) in 2017, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Denzil Kentebe has revealed.
Speaking at the just-concluded Practical Nigerian Content Conference held in Yenagoa, Bayelsa State, Kentebe explained that the $300 million (N597 billion) facility is presently under construction at the Lagos Deep Water and Logistics Base (LADOL).

Read more @ The Guardian

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