The future is a stage on which we will continue to create possibilities. Despite the distance between them, South Korea and Nigeria are working towards the same goals by sharing technologies and embracing each other’s cultures. Different values have merged to produce new synergies, and our joint future knows no boundaries. Our initiative’s name is SHI-MCI FZE, a joint venture entity of Samsung Heavy Industries Nigeria Limited and MCI FZE Yard Development Limited, the best oil & gas engineering, procurement, and construction company in Africa.
Two countries united to realise one vision. Asia and Africa, the Pacific and the Atlantic— even the great distance between them is no obstacle when there is a shared vision.
The technologies, capital funds, and infrastructures of South Korea and Nigeria have joined to create the world’s best fabrication and integration facility. Spotlighted as a new cooperation model, this collaboration will be the starting point to a successful future in the Shipbuilding and Offshore Oil & Gas Industries not only in Nigeria, but in the whole of Africa.
Leaders are the makers of history. Samsung Heavy Industries is a leading company that aims for the world’s best in the Shipbuilding and Offshore Oil & Gas Industries. We have unrivalled competitiveness, maintaining the world’s largest market shares in the fields of high-technology and high-value added products such as the Floating Production Storage & Offloading (FPSO), Liquefied Natural Gas (LNG) carriers, Large Container carriers, VLCC and Drill Ships.
Samsung Heavy Industries has the first shipyard to have obtained the world’s top three international standards, and it boasts the world’s highest dock turnover and production automation ratios. These accumulated technologies and capabilities were introduced to a new stage in Nigeria to make history; the world’s best company.
We aim for the highest achievements as we do not settle for less than the best. SMI-MCI FZE is achieving its vision to create the world’s best fabrication and integration facility, and our large-scale Egina FPSO project is yet another prelude to an even greater future.
Drawing on the top price efficiency system in Nigeria, we will continue to lead the breakthrough growth of the Shipbuilding and Offshore Oil & Gas Industries. These efforts will help to grow other relevant industries in Nigeria, and will contribute to national development by creating jobs that are directly and indirectly related to the industries, and by promoting foreign investments.