Category Archives: Home Page news
Delegation From The Society of Petroleum Engineers Visits LADOL
LADOL Executive Director, Jide Jadesimi, welcomes members of the Society of Petroleum Engineers (SPE) to the LADOL Free Zone. The visit was organised to familiarize the SPE representatives with the facility to facilitate future business opportunities
MD of NEPZA Visits LADOL
Dr Amy Jadesimi, MD of LADOL, welcomes Hon. Barr. Emmanuel Jime, Managing Director of Nigeria Export and Processing Zones Authority to the LADOL Free Zone.
Nigeria To Become West Africa’s Hub For FPSO Integration
The Chairman of the Lagos Deep Offshore Logistics (LADOL), Ladipupo Jadesimi, has expressed the hope of Nigeria emerging the hub for Floating Production Storage and Offloading vessel (FPSO) integration in the nearest future.
Jadesimi, who expressed optimism on the fast growing development at the logistics base, however, bemoaned allegations that the company is berthing vessels illegally at the base.
LADOL Sponsors Chevening Partnership
The Chevening Scholarships programme is the UK government’s prestigious international Leadership programme, funded by the Foreign and Commonwealth Office (FCO) and partner organisations. Young professionals with outstanding academic and leadership talents are given the opportunity to study for a one-year Masters degree at any UK University of their choice, after which they are required to return to Nigeria to assist in further development of the country.
A total of 44 Nigerians who were awarded Chevening Scholarships in 2015/2016, are back in-country after having successfully completed their study in various UK universities.
As a sponsor for the Chevening Partnership, representatives from LADOL recently attended a welcome reception hosted by the British High Commission for the 2015/2016 Chevening Scholars.
CNN Money – Nigeria’s Female Oil Tycoon
It’s rare to find a woman at the top of an oil business. It’s the last place Amy Jadesimi expected to be.
“The one thing that I definitely didn’t want to do was work in oil and gas,” Jadesimi told CNN.
That was before she got involved with Lagos Deep Offshore Logistics Base (LADOL), a company founded by her father in 2001 to provide support services to Nigeria’s oil industry. Jadesimi had set out on a very different path. She received a medical degree from Oxford University and went on to work as an investment banker in the U.K. Then she moved to the U.S. to complete an MBA at Stanford Business School, before returning to Nigeria.
“I knew that I had enough education and experience that I could really add value in the market here,” she said.
But she wasn’t sure exactly how to do that until she joined the family firm. “When I got involved with LADOL I realized that’s what I’d been missing.”
The company counts Nigeria’s Bank of Industry among its backers. It provides long term financing to Nigeria’s industrial sector. LADOL hires locally and focuses on projects within the region.
“We decided to grow the business organically as a 100% indigenous [Nigerian] firm,” Jadesimi said. “You can’t really achieve your full potential as a country unless you have local shops [and] local investment.”
She manages more than 1,000 Nigerian employees who offer a huge range of services to the country’s giant oil sector, including providing utilities, security and support for offshore production and projects.
But Jadesimi also wants to lead LADOL into new sectors, such as car manufacturing and education. She said the company has partnered with Samsung Heavy Industries to expand its offshore base and build a large dry dock.
“It helps us diversify outside oil and gas because you can use that shipyard for any kind of steel fabrication from railways to bridges to general works, and that is part of what LADOL’s strategy is,” she said.
“What we want to do is use the investments we have made in infrastructure to bring up other industries in the country.”
Click here to read the full report at money.cnn.com
Watch the full video below.
Sustaining Your World: How Business Can Help Solve the Planet’s Challenges
The Business and Sustainable Development Commission is making an important case for the private sector to be more involved in solving the planet’s biggest challenges. In collaboration with The Economist Films, the Business Commission developed a 10-minute film to explain what the challenges and opportunities are and highlight some of the companies leading the conversation on sustainable development. LADOL’s Managing Director, Dr Amy Jadesimi, contributes to the film by setting the global context.
Watch the full video below.
OECD Global Forum on Development
Dr Amy Jadesimi, MD of LADOL, has been invited as keynote speaker at the OECD Global Forum on Development Conference to be held in Paris on 5th April 2017. Participants at this year’s conference will take stock of existing initiatives to catalyse the power of the private sector in supporting the Sustainable Development Goals, explore new avenues of partnerships to mobilise the necessary resources and understand how the OECD can help.
Click here to find out more about this conference on the OECD website.
A fantastic business opportunity
“A fantastic business opportunity.” Amy Jadesimi, Managing Director of LADOL and Commissioner at the Business and Sustainable Development Commission, tells Abraaj Week 2017 that there is huge potential to create value through the Sustainable Development Goals (SDG).
Watch the full video below.
Make It Local, Make It Cheap. Africa Oil & Power Report
Amy Jadesimi, Managing Director of Lagos Deep Offshore Logistics Base (LADOL), explains why local content done right always reduces costs, and how low oil and gas prices can be a boon for the oil and gas industry.
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US Ambassador Visits LADOL
The US Ambassador to Nigeria, Stuart Symington recently visited LADOL to review progress on the development of the site and discuss business opportunities.