Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Free Zone privately owned logistics and engineering facility located on an island in the Port of

Apapa Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. Apapa contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC ...

Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca ...

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of G ...

. LADOL was designed to provide logistics, engineering and other support services to offshore oil & gas exploration and production companies operating in and around West Africa.

History

LADOL's developer, LiLe, began the construction of the logistics and engineering base in 2001 and commenced full operations in 2006. In June 2006, LADOL was designated as a Free Zone pursuant to the Nigeria Export Processing Zones Act No. 63 1992. Completed at a cost of US$150 million, LADOL's initial infrastructures included: a 200m quay, 8.5m draft, 25-ton/m2 high load bearing area and additional 30-ton bollards at either end that can accommodate up to six supply vessels and three heavy-lift vessels; a hotel; warehouse; office complex; road; water treatment; and underground reticulation. In 2015, with the support of

Total Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are com ...

Upstream Nigeria Limited, LADOL was further expanded to include a new US$300 million

Floating Production Storage and Offloading A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...

(FPSO) vessel fabrication and integration facility. The FPSO vessel fabrication and integration facility - currently being operated by SHI-MCI FZE, a Nigerian Local Content initiative-driven incorporated

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access ...

between

Samsung Heavy Industries Samsung Heavy Industries Co., Ltd. (Korean: 삼성중공업) is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders of South Korea (including Hyundai and Daewoo). Geoje (in Gyeongsangnam-do) is one of the larges ...

and LADOL's

shipyard A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance a ...

operator, Mega-Construction and Integration FZE - was initiated to fabricate and integrate Total Egina FPSO in Nigeria and other similar projects expected to be carried out in Africa. The next phase of LADOL's expansion has been reported to include a

dry dock A dry dock (sometimes drydock or dry-dock) is a narrow basin or vessel that can be flooded to allow a load to be floated in, then drained to allow that load to come to rest on a dry platform. Dry docks are used for the construction, maintenance, ...

that will be the largest in West Africa and attract as many as 100,000 direct and indirect jobs.

Awards

In December 2015, LADOL won the award for ''‘Outstanding Free Zone Integrated Hub Capacity Building Firm for Deep Water Oil & Gas Exploration, Manufacturing and Engineering Services’'' by The

Chartered Institute of Logistics and Transport The Chartered Institute of Logistics and Transport (CILT) is a professional body representing the transport and logistics industries worldwide. It is a membership-based organisation with over 30,000 members in over 30 countries. This i ...

. Also in 2015, LADOL won 5 awards in

fDi Magazine ''fDi Intelligence'' is an English-language bi-monthly news and foreign direct investment (FDI) publication, providing an up-to-date review of global investment activity. The A4 glossy pages reach a circulation of 15,488 ABC audited, active corpo ...

Global Free Zones of the Year Annual Rankings 2015. It was awarded ''winner of the Sub-Saharan African regional free zones award'' and ''winner of the Large Tenants award'' for Africa. LADOL was also ''Highly Commended as African Free Zone of the year''.
LADOL wins 5 awards in fDi Global Free Zones of the Year Annual Rankings 2015
' Retrieved 29 May 2016

References

External links

*{{Official, http://www.ladol.com Companies based in Lagos Engineering companies of Nigeria Foreign direct investment Industrial parks Manufacturing companies established in 2000 Nigerian brands Nigerian companies established in 2000 Offshore engineering Oilfield services companies Planned industrial developments Privately held companies of Nigeria Shipyards of Africa Special economic zones

History

Awards

See also

References

External links