Sweet Crude

Chrome Group leading indigenous conglomerates

Since 1994, the Chrome Group, a leading indigenous conglomerate has been operating successfully in Nigeria. The group has over 10 active subsidiaries with interests in different sectors of the economy which include Oil and Gas, Insurance, Real Estate, the Power Sector, Telecommunications and Logistics and have so far achieved tremendous growth.

The subsidiaries include Chrome Oil Services, Kaztec Engineering Limited, Global Scansystems Limited, Anchoff Strongholds Limited, Chrome Insurance Brokers Limited, NIMEK Investments Limited, Choffan Communications Limited and Interstate Electrics Limited.

Over the 18 years of existence, the group has remained resolute in blazing the trail in indigenous participation in Nigeria’s corporate industry, by undertaking projects hitherto exclusively reserved for foreign companies operating in Nigeria.

Long before the Nigerian Content policy began to gain ground in the nation’s socio-political and economic consciousness, companies like the Chrome Group had demonstrated adequate competence and capacity in the execution of projects both in the Oil and Gas industries and in all the other sectors in which it is involved. Thisdisplay of excellence by the Group gave the Federal Government of Nigeria the confidence to push for more indigenous involvement especially in the Oil and Gas sector.

The purpose of the Nigerian Content Development, which became a law in 2010, is not only to enhance indigenous expertise through technology transfer, but also to increase the contribution of the indigenous companies to the country’s Gross Domestic Product (GDP).

We believe that the Nigerian Content programme of the Federal Government provides a huge opportunity for indigenous companies in the Oil and Gas sector, and has therefore placed Chrome in a pivotal role in assisting government to meet its aspirations in this regard.

The Group has executed projects in line with global best practices and international safety standards through visionary leadership, robust relationship management strategy, hard work and discipline.

Sir Emeka Offor, the Executive Chairman of Chrome Group says, “We are strategically positioned to complement multinationals seeking business expansions or fresh opportunities in Africa, because we have a track record of successful and completed projects. We also possess intimate knowledge of the business environment, including the legal frameworks and regulations. Therefore, in the new dispensation where emphasis is increasingly placed on Nigerian Content for every unit of GDP growth, you have no better choice for partnership.”

Chrome member companies
The Chrome Group is witnessing a tremendous growth era, due principally to key strategic investments made in the recent past, and each member of the group is a specialist in its area of core competence. These subsidiaries include:

Kaztec Engineering Limited (KEL) is a 100% indigenous Engineering, Procurement and Construction (EPC) Company. Established in 2005, KEL diversified into offshore operations in 2009.  Today Kaztec Engineering is a leader in the fabrication of drilling and production platforms, as well as other specialized structures in the oil and gas industry. The company is equipped to provide turnkey onshore and offshore fabrication and installation services. Its core capabilities include engineering, procurement, construction, installation and commissioning of offshore and onshore oil and gas facilities.

KEL’s processes are underpinned by a systematic approach to project delivery while maintaining highest industry safety standards and meeting clients’ expectations.

Chrome Oil Services Nigeria Limited is taking up the Upstream Sector of the Oil and Gas Industry in Nigeria with strategic alliances, joint ventures and consortiums arrangement with major international engineering and construction companies.

The company has made tremendous inroad into the Oil and Gas Industry through the maintenance of refineries, petrochemical plants, rehabilitation of jetties, tanks and installation of oil and gas facilities; culminating in the award of the Turn Around Maintenance (TAM) of the old and new Port Harcourt Refineries in Nigeria to Chrome Consortium headed by Chrome Oil Services. The first indigenous oil service firm to execute such project.

Global Scansystems Technology Limited (GSTL) is an indigenous company, incorporated to carry on business as an inspection agent, cargo inspector and customs examiner of imported and exported goods, at seaports, airports, border posts and customs warehouses within and outside Nigeria. GSTL provides its global clientele with petroleum and allied products inspection services, crude oil monitoring and anti-pollution services, as well as installation of requisite laboratory and communication equipment.

Interstate Electrics Limited is a consortium incorporated as a vehicle for the purpose of acquiring and operating Electricity Distribution Companies in Nigeria.

It emerged the preferred bidder for the Enugu Distribution Company (DISCO) after a rigorous bidding process in the sale of PHCN in 2012, with an Aggregate Technical, Commercial and Collection (ATC & C) loss reduction proposal of 20.83%.

Interstate Electrics Limited consortium comprises Chrome Consortium Energy Nigeria Limited, Powerhouse International Limited, and Metropolitan Electricity Authority, which parades a competent team of electricity infrastructure engineers, owners/operators of electricity power distribution companies, upstream and downstream oil operators and empowerment partners, with a collective global experience of over 80 years, and the requisite financial resources and technical competence required to reactivate, modernize and operate the Enugu Distribution Company (DISCO).

Global Scansystems Limited (GSL) is a trade and facilitation company, with the main objective of facilitating the Federal Government of Nigeria’s reforms on importation and operations at the nation’s seaports, airports and border posts. GSL provides Scanning and Risk Management services to support the Nigeria Customs Service in the execution of its statutory obligations.

The company has a high degree local content expertise which combines the effectiveness of a well trained workforce with the required commitment and top-of-the-range technology to meet client’s needs by upholding international best practices.

Anchoff Strongholds Limited was incorporated as a clearing and forwarding agency in Nigeria, fully registered as a Nigeria Custom License Agent.

Through the combination of prudent management, highly trained, dedicated and experienced staff, Anchoff Strongholds Limited has grown to become one of the leading indigenous providers of comprehensive import and export/freight forwarding services in Nigeria. The company is a major shareholder in Inland Containers Nigeria Limited. It has its headquarters in Lagos State and operational bases across the nation.

Anchoff Strongholds Limited was on 13th December, 2012 presented a Certificate of Commendation by the Port Working Committee (PWC) of the Nigerian Ports Authority (NPA), Calabar Port Complex, in recognition and appreciation of her numerous contributions to the success of the Calabar port.

Starcrest Nigeria Energy Limited has working interests in oil blocks in the Gulf of Guinea. These blocks are being operated by other companies and are at advanced stages of exploration and near production.

Chrome Insurance Brokers Limited (CIBL) is a company that is into insurance broking business. Prospective insurance