Loycy Investment Company Limited (LIC) was incorporated as a private limited liability company in 1988 to carry out Building and Civil Engineering works. In 1993, it diversified its operation to include Equipment Leasing, Electrical Instrumentation, Dredging ( canalization, stockpiling, sweeping, shore protection), Laying of pipelines, Fabrication etc.
Since Inception LIC has successfully executed projects for major oil/gas producing companies, government agencies as well as private individuals. Our services are always associated with quality, safety, cost effectiveness and timely delivery of projects.
This has led to tremendous growth in our client base and contract acquisition.
Our Integrity ensures that we sustain a huge emphasis on capacity building, equipment acquisition and maintenance, human resources development and a highly developed customer delivery system.
LOYCY corporate vision is to be a leading world class Oil and Gas, Engineering construction and Marine Logistics company providing unrivaled services in the world.
To be recognized as the premier indigenous equipment leasing, construction and oil/gas service provider driven by excellence and innovation.
1. Creating value for our clients through excellence and innovation
2. Being responsible partners with respect to quality, safety and environmental
impact of all our operations and services.
3. To have a sustainable financial basis of profitable growth
4. To recruit, retrain and reward high-performance workforce.
OUR CORE VALUES
Corporate Social Responsibility
we have as our strength a team of dedicated and dynamic workforce, with expertise in their different arcas of specialization. this worforce is managed and controlled by a group highly competent management team. these come with huge experiences in our areas of specialization, giving our company an edge over competitors in terms of productivity and on-time service delivery. we also maintain a qualifies system of assessing skills and experiences to ensure our staff and consultants have significant and relevant experiences suited to their assigned jobs. to ensure continuous professional development our team allocated significant resources to various unique training and development programs. we provide and enabling environment of professionalism, integrity and innovation.
our mission is to create a work environment in which the host communities and the company becomes fundamentally interdependent. this is done with a mutual understanding and commitment to growth and development. our commitment to community development is based on the following objectives:- integrated planning and execution of community development programs, with full community input and participation- sustainable empowerment of the indigenous host communities through the provision of employment and improved welfare- adoption of best practices that guarantee community friendly operations.
LICL keenly advise clients partners and staff on equitable levels of environmental safeguards to be incorporated to a project where a hazard may not be covered by regulations or clients policy. we strive to preserve a clean and healthy environment at all times. LICL is bound by the following:-
- the ultimate responsibility for the protection of the environmental is with senior management, who in turn ensure that every employee is accountable for meeting the company’s environmental goals.
- our goal is zero spills and environmental releases.
- we operate in manner that protects the environment, which is the top priority of our operational plans. we strongly believe that our clients and our reputation as a leader in environmental conservation.
LOCAL CONTENT POLICY
in support of the Nigerian Oil and Gas Industry Content Act, which was signed into law on the 22nd April 2010, we are committed to maximizing in a sustainable manner the use of Nigerian human resources, materials, equipment and services in our operations without compromising the company’s values, quality, health and safety and environment standards. in order to contribute to the development of Nigeria’s industrial capabilities and competencies and supporting the nations economy, we shall seek to maximize the participation of nigerian business and local contractors in our operations in compliance with the Nigerian Oil & Gas Industry Content Development Act, 2010. Reasonable measures shall be undertaken at all times to meet requisite Nigerian Content Levels. As an oil and gas service provider, we shall implement government policies/approved Nigerian content plan without compromising the intent of archieving the best overall value for the project in terms of price, quality, efficiency, delivery and operating parameters. we will also strive to maintain the close rappot we have built with the Nigerian Content Development and Monitoring Board.
CORPORATE HSE POLICY STATEMENT
In pursuance of the corporate technical mission, aimed at delivering high quality services and prevention and control of losses, the company shall adopt an integrated enhances HSE management system and shall execute its operation in such a way as to:
Develop and maintain good relationship with host communities/clients and others. preserve the health and safety of the workers and others who may be affected
Protect and conserve the environment and safeguard the human material resources.
LOYCY INVESTMENT COMPANY LIMITED believes that all accidents and community disturbances are preventable. HSE is a line management responsibility and a good business. safety can be managed with the same level of dedication like production and cost control. Company’s management should be visibly committed to safety and it should be regarded as an integral part of the company’s business. Finally, work should be suspended whenever it is considered unsafe
Strategies such as tool box meeting, safety meetings, debriefing emergency and surveillance drills, hazard management audits, safety induction, unsafe acts, near-miss and accidents reporting an investigation, job safety training, development and sustenance of good report with host communities, environmental protection, HSE performances evaluation, among others, shall be carried out.
Strict adherence to general HSE codes is mandatory, valuable suggestions and contributions aimed at enhancement of HSE standards shall be acknowledged and rewarded. Breach of HSE rules will not be tolerated.
The safety department is empowered to implement HSE standards in line with international, local, client’s and corporate safety provisions in order to achieve the corporate HSE objectives.
The objective(s) of every emergency response shall be to:
consolidate established cordial relationship with host communities/clients and others Save life, assist the injures and reduce damage to clients or company’s resources and the environment and defend corporate integrity.
All the systems, strategies and procedures necessary to achieve these objectives shall be well co-ordinated. Reasonably attention shall be given to the development and sustenance of relevant resources towards the achievement of defined objectives.
QUALITY COMMITMENT POLICY
It is the policy of LOYCY INVESTMENT COMPANY LIMITED to operate a formal quality assurance system that complies with the requirements of ISO 9001.
The purpose of this is to maintain existing business and enable the company to take advantage of new opportunities. This will result in success and satisfaction for the customer, company and individuals. This applies to all aspects of our operations. Consequently, all staff must be committed to this concept and practice professionalism and system compliance. This is fundamental in all work undertaken and shall be practiced daily in all activities wherever he workplace is. The quality system shall be closely monitored both internally and by external bodies to ensure that is it fully implemented. Continual awareness is essential. We must all work conscientiously to documented procedures.
This policy shall be communicated to ALL staff upon appointment. Staff shall be advised by way of presentation/training activities and also by being permanently displayed around company premises and work sited. it is important that all staff understands and attempt to comply with this policy at all time.
CHIEF ALOYSIUS O. OKPARA