With little information on net worth and all the financial "electric" juggernaut terms (which I tried so hard to get) I present to you a compilation of the top 10 indigenous oil service companies in Nigeria. This list was compiled on the base assumption of active participation in the industry in the last decade (and a little way down). Also a criteria used was diversification in services rendered (so as not to make the list one-sided)
P.S: If you feel I scrambled my list please let me know your views in the comment section of this post. Thanks.
10. Tecon Oil Services Ltd
A wholly indigenous company, TECON was originally an Isle of Man company controlled by an American Investor group through Alliance Oil of Houston, Texas. TECON became a 100% Nigerian Company through acquisition in 1991, whilst still retaining its Isle of Man identity. Tecon headed by it's President/CEO Casimir C. Maduafokwa carry out their business of Oilfield Equipment Rentals and Provision of such specialized services as Oil Well Fishing, Casing and Tubing Running, Oil Well Snubbing/Hydraulic Workover Services, Machine shop/Tool fabrication and Redressing e.t.c.
Tecon seeks to be a lasting medium-sized company (with average annual billing, in excess of USD 50 million by 2007 and Technical staff / Consultants strength of under 300), a professionally managed organization providing high local value-added, quality and efficient services to leading E&P and services companies in the Nigerian Oil & Gas Sector, and potentially, in the West/Central African Offshore Markets – Equatorial Guinea, Sao Tome & Principle, Angola, Cameroon etc
Tecon seeks to be a lasting medium-sized company (with average annual billing, in excess of USD 50 million by 2007 and Technical staff / Consultants strength of under 300), a professionally managed organization providing high local value-added, quality and efficient services to leading E&P and services companies in the Nigerian Oil & Gas Sector, and potentially, in the West/Central African Offshore Markets – Equatorial Guinea, Sao Tome & Principle, Angola, Cameroon etc
9. NestOil Plc
Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry. Since then, Nestoil has grown to become one of the leading indigenous EPC provider for major IOCs (International Oil Companies) in Sub-Saharan Africa like National Petroleum Company (NNPC) Shell, Exxon Mobil, Chevron, Total, etc.
Headed by it's Chairman/GMD Dr Ernest Nnaemeka Azudialu-Obiajesi who is also the chairman of NECONDE, a Nestoil-led consortium which just acquired 45% stake in OML-42 from Shell, Total and ENI, containing developed oil fields and gas reserves.
Some of their ongoing projects include the Nembe Creek-Cawthorne Channel 24"/30" Trunkline Replacement project for SPDC and the 18" Gas Supply Trunkline for the Nigeria Gas Company.
8. International Energy Services Limited (IESL)
IESL was established in 1990 as an indigenous energy services company. It provides integrated client-focused and cost-effective services in the oil and gas industry with specialized expertise for both onshore and offshore oil and gas development, power and renewable energy systems, infrastructure facilities and industrial plants.
Headed by the CEO Dr Diran Fawibe, IESL have/are engaged in various projects out of which include: Detailed engineering covering piping, process, mechanical, electrical, structural, safety and telecoms on the EGINA field development project (TOTAL). Amongst the list is also detailed engineering design for pumps installation on closed drain sump systems on the AGBAMI FPSO for Chevron. They also are carrying out the detailed engineeering work associated with the modification of existing topside facilities of the following TOTAL Upstream Nigeria Limited platforms: OFD1, OFD2, OFP1, Amenam and Odudu.
7. Negris Energy Services Company (NESCO)
Established since 1980, Negris prides itself as the foremost indigenous energy, oil, and gas service company in Nigeria. Negris plays a leading role in both the Engineering, Procurement and Construction (EPC), and Total Asset Management of Turnkey Projects relating to oil and gas services.
6. Fenog Nigeria Limited
Fenog is a privately owned Nigerian company specialized in Project Management, Engineering, Procurement, Installation and Construction projects particularly for the Oil & Gas industry. Since incorporation in 1992, Fenog has grown to become a dominant provider of EPCI services to the Nigerian oil & gas sector and corporate organisation. We have been known to use innovative solutions to deliver cost effective solutions to our clients. We are currently pioneering the use of innovative Continuous Horizontal Directional Drilling (CHDD) for installation of pipeline.
Assets include the Akpevweoghene which is Africa's largest offshore pipe-laying barge, personnel of over 98% local staff. Fenog Nigeria has the biggest and most powerful Horizontal Directional Drilling fleet in Africa. Currently Fenog owns several HDD rigs from the HDD pd 150 to the powerful HDD pd 500/90 rd. Headed by CEO Mr Matthew Tonlagha.5. NETCO
National Engineering and Technical Company Limited (NETCO) is Nigeria’s 1st National Engineering Company and is a wholly owned subsidiary of the Nigerian National Petroleum Company (NNPC). NETCO was established in 1989 as a Joint Venture company (JV) between NNPC and American Bechtel Incorporation, a world renowned engineering company.
NETCO started commercial operations in 1990 to acquire engineering technology through direct involvement in all aspects of engineering in the Oil and Gas industry. NETCO’s strategic vision is to provide Basic / Detailed Engineering, Procurement, Construction Supervision, Project Management, Quality Assurance & Quality Control, Environmental Consulting and Training.
Headed by Managing Director Engr. Isyaku Dandume Abdullahi. Though the company hasn't been on the forefront of the oil services business for a while now, it sure does make up for that in it's track record.
4. Dover Engineering
Dover Engineering Limited is a 100% Nigerian owned company that commenced operations in 2001 to provide system planning, Conceptual, FEED and detailed engineering design, procurement support,project management,professional manpower and construction services to the Nigeria Oil and Gas industry.
Established in 2001, Dover Engineering is one of the foremost engineering design companies in Nigeria with vast experience in providing first class engineering services for onshore,offshore,swamp and deepwater projects. With a multi discipline team of over 150 engineering employees operating out of two fully functional engineering facilities located in Lagos and Port Harcourt, Dover Engineering is one of the fastest technically pivoted growing companies in the country.
Headed by the CEO Engr. Eloka Ejeh, the company which runs a JV as WOODGROUP DOVER with the internationally acclaimed oil service company WOODGROUP has seen itself make various strides in pioneering subsea front end engineering design studies for major offshore projects including the EGINA-TOTAL.
3. Kaztec Engineering
Kaztec Engineering Limited is a 100% indigenous Engineering, Procurement, Installation, Construction, and Management (EPIC-M) Company. Incorporated in 2005, Kaztec has become the pace setter EPIC-M company in the Onshore / Offshore Pipelines and Facilities. A subsidiary of Chrome Group, Kaztec Engineering Ltd. is a key member of that group and has become a leader in the fabrication of drilling and production platforms in the oil and gas industry.
Headed by it's Chairman Sir Emeka Offor, vessels owned include Ekulo Cheyenne (Pipelay/Derrick Barge), Ekulo Spirit (Towing/Anchor Handling Tug), Ekulo Tornado (Dive Support Vessel) and Ekulo Explorer (Anchor Handling Tug). Some projects include the ANTAN ofshore drilling project for Addax Petroleum and also a state of the art fabrication yard at the Snake Island in Lagos.
2. DeltaAfrik
Some of their ongoing projects include the Nembe Creek-Cawthorne Channel 24"/30" Trunkline Replacement project for SPDC and the 18" Gas Supply Trunkline for the Nigeria Gas Company.
8. International Energy Services Limited (IESL)
IESL was established in 1990 as an indigenous energy services company. It provides integrated client-focused and cost-effective services in the oil and gas industry with specialized expertise for both onshore and offshore oil and gas development, power and renewable energy systems, infrastructure facilities and industrial plants.
Headed by the CEO Dr Diran Fawibe, IESL have/are engaged in various projects out of which include: Detailed engineering covering piping, process, mechanical, electrical, structural, safety and telecoms on the EGINA field development project (TOTAL). Amongst the list is also detailed engineering design for pumps installation on closed drain sump systems on the AGBAMI FPSO for Chevron. They also are carrying out the detailed engineeering work associated with the modification of existing topside facilities of the following TOTAL Upstream Nigeria Limited platforms: OFD1, OFD2, OFP1, Amenam and Odudu.
7. Negris Energy Services Company (NESCO)
Established since 1980, Negris prides itself as the foremost indigenous energy, oil, and gas service company in Nigeria. Negris plays a leading role in both the Engineering, Procurement and Construction (EPC), and Total Asset Management of Turnkey Projects relating to oil and gas services.
6. Fenog Nigeria Limited
Fenog is a privately owned Nigerian company specialized in Project Management, Engineering, Procurement, Installation and Construction projects particularly for the Oil & Gas industry. Since incorporation in 1992, Fenog has grown to become a dominant provider of EPCI services to the Nigerian oil & gas sector and corporate organisation. We have been known to use innovative solutions to deliver cost effective solutions to our clients. We are currently pioneering the use of innovative Continuous Horizontal Directional Drilling (CHDD) for installation of pipeline.
Assets include the Akpevweoghene which is Africa's largest offshore pipe-laying barge, personnel of over 98% local staff. Fenog Nigeria has the biggest and most powerful Horizontal Directional Drilling fleet in Africa. Currently Fenog owns several HDD rigs from the HDD pd 150 to the powerful HDD pd 500/90 rd. Headed by CEO Mr Matthew Tonlagha.5. NETCO
National Engineering and Technical Company Limited (NETCO) is Nigeria’s 1st National Engineering Company and is a wholly owned subsidiary of the Nigerian National Petroleum Company (NNPC). NETCO was established in 1989 as a Joint Venture company (JV) between NNPC and American Bechtel Incorporation, a world renowned engineering company.
NETCO started commercial operations in 1990 to acquire engineering technology through direct involvement in all aspects of engineering in the Oil and Gas industry. NETCO’s strategic vision is to provide Basic / Detailed Engineering, Procurement, Construction Supervision, Project Management, Quality Assurance & Quality Control, Environmental Consulting and Training.
Headed by Managing Director Engr. Isyaku Dandume Abdullahi. Though the company hasn't been on the forefront of the oil services business for a while now, it sure does make up for that in it's track record.
4. Dover Engineering
Dover Engineering Limited is a 100% Nigerian owned company that commenced operations in 2001 to provide system planning, Conceptual, FEED and detailed engineering design, procurement support,project management,professional manpower and construction services to the Nigeria Oil and Gas industry.
Established in 2001, Dover Engineering is one of the foremost engineering design companies in Nigeria with vast experience in providing first class engineering services for onshore,offshore,swamp and deepwater projects. With a multi discipline team of over 150 engineering employees operating out of two fully functional engineering facilities located in Lagos and Port Harcourt, Dover Engineering is one of the fastest technically pivoted growing companies in the country.
Headed by the CEO Engr. Eloka Ejeh, the company which runs a JV as WOODGROUP DOVER with the internationally acclaimed oil service company WOODGROUP has seen itself make various strides in pioneering subsea front end engineering design studies for major offshore projects including the EGINA-TOTAL.
3. Kaztec Engineering
Kaztec Engineering Limited is a 100% indigenous Engineering, Procurement, Installation, Construction, and Management (EPIC-M) Company. Incorporated in 2005, Kaztec has become the pace setter EPIC-M company in the Onshore / Offshore Pipelines and Facilities. A subsidiary of Chrome Group, Kaztec Engineering Ltd. is a key member of that group and has become a leader in the fabrication of drilling and production platforms in the oil and gas industry.
Headed by it's Chairman Sir Emeka Offor, vessels owned include Ekulo Cheyenne (Pipelay/Derrick Barge), Ekulo Spirit (Towing/Anchor Handling Tug), Ekulo Tornado (Dive Support Vessel) and Ekulo Explorer (Anchor Handling Tug). Some projects include the ANTAN ofshore drilling project for Addax Petroleum and also a state of the art fabrication yard at the Snake Island in Lagos.
2. DeltaAfrik
The Company was incorporated in August 2003 under the Laws of the Federal Republic of Nigeria and is jointly owned by DeltaTek Engineering Limited (100% Nigerian Engineering Company) and WorleyParsons. This is to fill the niche for indigenous professionals to be actively involved in the Oil & Gas, Power, Infrastructures and other industries in order to increase local capacity and to help meet the challenges of creating and sustaining a visible presence and solutions in today’s competitive market.
Arguably the most technically sound engineering player in the the oil and gas industry DeltaAfrik can boast of being a leader in major oil and gas offshore projects. These include USAN FPSO, Agbami Technical Service and Subsea Project, etc.
1. Nigerdock Nigeria PLC
Nigerdock Nigeria Plc - FZE is West Africa's leading industrial corporation focused on oil&gas construction and major marine services including offshore and pressure vessel fabrication, ship building and repair, industrial training and specialized oil&gas and maritime support.
Nigerdock’s Offshore Fabrication Division is specialized in the fabrication of topside modules, subsea manifolds, jackets, wellheads, satellites, process platforms, process piping, buoys, piles yokes, and double joints. Nigerdock also performs offshore installations of pipe spools, supports, platforms and heat shielding including pipe coating and the installation of MOV's, flowmeters, P&T transmitters, F&G detection systems, including cabling and ducting.
Arguably the most technically sound engineering player in the the oil and gas industry DeltaAfrik can boast of being a leader in major oil and gas offshore projects. These include USAN FPSO, Agbami Technical Service and Subsea Project, etc.
1. Nigerdock Nigeria PLC
Nigerdock Nigeria Plc - FZE is West Africa's leading industrial corporation focused on oil&gas construction and major marine services including offshore and pressure vessel fabrication, ship building and repair, industrial training and specialized oil&gas and maritime support.
Nigerdock’s Offshore Fabrication Division is specialized in the fabrication of topside modules, subsea manifolds, jackets, wellheads, satellites, process platforms, process piping, buoys, piles yokes, and double joints. Nigerdock also performs offshore installations of pipe spools, supports, platforms and heat shielding including pipe coating and the installation of MOV's, flowmeters, P&T transmitters, F&G detection systems, including cabling and ducting.
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