Report notes that subsidiaries cover "just about every spectrum of the industry in one form or another"
The Chrome Group, a leading West African oil and gas conglomerate, recently earned a prominent spot as a runner up from Petroleum Africa for its “Indigenous Company of the Year Award.”
The award recognizes the company's efforts across the multi-layer vibrant subsidiaries engaged in the upstream, midstream and downstream spectrum of Oil and Gas. Below is an excerpt from the December 2013 publication, which reported on The Chrome Group's achievements during the year:
Africa plays host to a significant number of major and independent E&P firms and these companies are doing their utmost to exploit the continent’s reserves. To date these firms have had major successes, but over the years another type of firm has emerged on the continent, making its own mark – the African indigenous firm. Not every African country that has an oil and/or gas industry has indigenous firms established; however, increasingly more firms are being created as these countries strive to keep a greater share of the benefits of their resources at home through local participation.
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For more than a decade, The Chrome Group, which was founded in 1994 by Sir Emeka Offor, has continued to make amazing inroads as a giant among giants in oil and gas industry in Nigeria and in fact, in all of Africa.
The Chrome Group is one of Nigeria’s leading indigenous multinational businesses with subsidiaries operating in oil and gas exploration and production, oil and gas servicing, engineering, insurance, logistics and power industries.
