The following article, written by Onyedimmakachukwu, was originally published in Ventures Africa on September 30, 2014. To view the original article, click here. Nigerian First Bank Eager To Fund Kaztec’s $1.3bn Local Fabrication Contract VENTURES AFRICA – Nigeria’s premier lender First Bank Plc has said it is willing to support the funding of a $1.3 billion fabrication contract awarded by Sinopec-owned Addax Petroleum to Kaztec Engineering, a subsidiary of the Chrome Group. The contract will see Kaztec execute all of the fabrication processes for Ofrima/Udele oil wells development project in Addax Petroleum-owned oil mining lease (OML) 137 in offshore Nigeria for which it recently finalised agreements. Kaztec’s fabrication, set to begin in October is a giant step towards the aim of Addax to attain a daily production well in excess of 100,000 barrels per day (bpd). First Bank’s interest in furthering …
The following story was orignally published by Construction Review on June 12, 2014. To view the original story, click here. Kaztec Engineering completes phase one of Nigeria’s oil, gas project Jun 12, 2014 Kaztec Engineering, a subsidiary of Chrome Group, has completed phase one of its Engineering Procurement and Completion (EPC) integrated oil and gas project located on Snake Island in Lagos and plans to begin phase two in July. The project contains fabrication yard, oil and gas training centre, pipe mill, pipe coating, and a dry-dock base, as well as a power plant and will create job opportunities for Nigerians. Speaking at the Offshore Technology Conference in Houston, Texas recently, Chrome Group’s Head Communications and Business Development, Dr Edwin Ndukwe, confirmed that Kaztec is a 100 % indigenous Engineering, Procurement, Construction, Installation, Commission and Management Company (EPCICM), servicing all …
The following article, "GMD NNPC visits KAZTEC fabrication yard, impressed by level of work," written by Raheem Oluwafunminiyi, was oringally published in The Herald on October 14, 2014. GMD NNPC visits KAZTEC fabrication yard, impressed by level of work Leading 100% indigenous Engineering, Procurement, Installation, Construction, and Management (EPIC-M) Company, KAZTEC received a delegation of leading oil and gas Chiefs to its fabrication yard at Snake Island over the week. Led by the Group Managing Director Nigerian National Petroleum Corporation, NNPC, Dr. Joseph Thlama Dawha and members National Petroleum Investment Management Services (NAPIMS), the scheduled visit came at a time when the fabrication yard, visited about three months back by the GMD, had witnessed rapid improvement in terms of the massive level of work done so far. Marc Robillard, KAZTEC’s Commercial Director, who welcomed the GMD NNPC delegation took them round …
Kaztec Engineering, a subsidiary of Chrome Group, has completed phase one of its Engineering Procurement and Completion (EPC) integrated oil and gas project Located on Snake Island in Lagos and plans to begin phase two next month.
KAZTEC Engineering Limited, a subsidiary of Chrome Group, has showcased its technical capacity and a dynamic framework for adding real jobs to real Nigerian economy. The company envisioned that by 2016, it would add up to 25,000 jobs to the labour force.
Kaztec Engineering Limited, yesterday, said it will invest $750 million, about N120 billion, in the country between 2014 and 2015.
The Chrome Group is to invest $750 million between this year and next year in a project being handled by its engineering and oil service subsidiary, Kaztec Engineering, at Snake Island in Lagos.
The following story was published by Nigerian Tribune on Thursday, July 11, 2013. To view the original publication, please click here. To view a photo gallery of the signing ceremony, please click here. KAZTEC, Shell sign $84.5m Trans-Niger pipeline project Written by Thursday, 11 July 2013 IN an attempt to provide lasting solutions to frequent attacks on Trans-Niger pipeline located along the creeks of the Niger Delta, Shell National Exploration and Production Company of Nigeria (SNEPCO) has awarded the contract to a leading indigenous engineering firm. KAZTEC Engineering announced that it has officially signed the EPC TRANS-NIGER pipeline project with Shell worth $84.5 million. The company made this disclosure in a statement signed by Mr Paul Abiagom, Manager, Graphics Design Trainee of Chrome Group and made available to the Nigerian Tribune on Tuesday, in Lagos. The statement stated that KAZTEC …
The following article by Emeka Ugwuanyi was published by The Nation. To see the original publication, please click here. Photos of the contract signing ceremony can be viewed here. Shell, firm seal $84.5m pipeline contract KAZTEC Engineering Limited (KEL), an indigenous oil service company, has signed an agreement with Shell Nigeria Exploration and Production Company (SNEPCo) for the construction of a 58-kilometre loopline at $84.5 million. According to a statement by Kaztec, the agreement for Package 1 of the engineering, procurement and construction (EPC) of Trans-Nigeria Pipeline Loopline Project for Shell Nigeria Exploration and Production Company of Nigeria (SNEPCO), was concluded last week.The pipeline contract is expected to be completed and delivered within one year and Kaztec has assured Shell of delivering within the stipulated time frame.“This is the first major project to be executed by Kaztec Engineering Limited for Shell. The …
The following article was published by The Nation on June 4, 2013. To see the original article, please click here. Fabrication Yard To Begin Operation In August June 04, 2013 The fabrication yard being constructed at the Snake Island in Lagos by Kaztec Engineering Limited, a leading oil service company and a subsidiary of the Chrome Group owned by business mogul, Sir Emeka Offor, will begin operation in August, it was learnt. The fabrication, which Kaztec is building with its technical partner, Addax Petroleum Limited when operational, will be fabricating jackets, topsides, and other equipment as well as develop a lot of talents in the process. A Director of the company, Mr Tochukwu Odukwe, who spoke to The Nation at the Kaztec’s stand during the offshore technology conference (OTC) in the United States, said the company showcased its capabilities at …
