A Functional Oil & Gas Servicing Company with License.

A functional Oil & Gas Servicing Company with License for outright Sale:

Owner wants to Sale and move back to abroad...

Note:
Based on the Seller's advice, no front sending of the picture nor video, Only physical inspection with the buyer and his engineering team..

PRICE: $8.5m

A wholly indigenous Licensed Oil and Gas company, started operations in 2000.

Location: It has its yard within Port Harcourt City.

Land Size:
measuring about 7plots with a maintenance warehouse,
Fabrication workshop,
Sandblasting and painting cubicle,
A line of office blocks,
Storage Containers and both mobile and fixed security offices.

The company has a guest house within Port Harcourt on about 6 plots with a story building with roof terrace, 2 and 3 bedroom flats, offices, swimming pool and bars.

The main activities of the company include but not limited to:

1) Non destructive Testing NDT.
2) Calibration, instrumentation, Pressure Testing.
3) Lifting equipment, inspection and certification.
4) Construction welding and Fabrication.
5) Engineering and Maintenance services.
6) Marine vessels Survey/Hull Thickness gauging.
7) Manpower Supply, Recruitment and Training.

Equipment of the company are in line with their operations:
Groove Crane,
Forklift and Inspection Tools.

The company is accredited by
1) Department of Petroleum Resources DPR.
2) Nigerian Petroleum Exchange NIPEX.
3) Lifting Equipment Engineering Association LEEA.
4) British Standard International BSI.
5) ACEBI Partners: A French international company specialized in Life/ Rescue Boats/Davits,
Life Saving Equipment engineering and manufacturing Marine Deck Equipment Maintrnance,
Off shore and Onshore Crane refurbishing and Maintenance.
6) Technical Support Services.

CLIENTS:
1) Total E & P
2) Shell Petroleum
3) ExxonMobil
4) Aveon
5) Spie
6) Nigeria National Petroleum Coporation (NNPC)

RUNNING CONTRACTS:
1) Annual 5 years inspection, maintenance and recertification of Life Boats for Total
2) Frame agreement for local Technical Assistance Services Total
3) Frame agreement for Foriegn Technical personnel services
4) ACEBI sole agency Contract for Life Boats Total and ExxonMobil.
5) Call off contracts with its Clients.

STRENGTH OF THE COMPANY:
1) Tax rebate of more than 200m
2) Various Accreditations and Permits (Nipex, DPR etc)
3) Fund contribution of 23 years with the Nigeria Local Content Developmemt Board available for expansion
4) Numerous Certifications ( LEEA, BSI ACEBI etc)