SEARAVEN GLOBAL LIMITED
This funding company has its headquarters in Singapore. It has also registered offices in England, Mauritius, Indonesia, Ghana and Malaysia. Searaven is a consortium of funders who are willing to support potential and promising private or government projects and business ventures worldwide. Searaven Global Limited is a privately owned company that upholds the international standard of good corporate governance through transparency, disclosure and respectful business dealings. Founded in 2007 by a team of dynamic individuals with the same goal for financial success, Searaven Global Limited has progressed and expanded her presence in Europe, Asia, Africa, Middle East, Pacific and the US. Searaven Global Limited fully complies with each countryâ€™s corporate law and business related practices.
The core activities of the company is providing financial assistance, funding services to companies with small business to extremely large projects. Funds transactions are disbursed through legitimate banking instruments. Searaven Global Limited has also funded big corporations and consortiums with outstanding businesses and of high value. Searaven Global Limited will continue to engage in the petrochemical projects, procurement of precious commodities and provide funding for property developments around the world. Through funding projects globally since 2007, Searaven Global Limited has established very good business relationships which spurred Searaven to embark on its own projects.
Primarily, Searaven Global Limited takes pride in having the capability to provide services in major industries that require huge budgets like Crude Oil Storage, Oil and Gas Refineries, Water Treatment and Power Plants. Searaven Global Limited is currently in partnership with Afia Petroleum Resources Limited for the construction of a 410,000 metric tonnes Oil & Gas Storage Tank Farm at Old Ningo in the Greater Accra Region of the Republic of Ghana. The project upon completion within two years will have the storage capacity for holding three million barrels of crude oil stock at any given time.
Alhamdulillah, Searaven Global (M) Sdn Bhd has recognized the potential and credibility of Moro Oil to succeed in the petroleum industry, in shaa Allah. Hence, Searaven Global (M) Sdn Bhd has authorized and commissioned its Vice-President for Sales and Projects Mdm Norliza binti Tajudin and Financial Advisor Mdm Najah Raihan binti Dalilan to enter into a Joint Venture Agreement with the Bangsamoro Oil and Fuels Corporation for the purpose of building a 14-million-liter capacity oil storages at the leased lot of Moro Oil at Polloc Freeport and Economic Zone.
Such Joint Venture Agreement was signed on October 28, 2016 (Muharram 27, 1438H) at the conference hall of the Regional Board of Investmentsâ€”ARMM and officially witnessed by Sukarno G. Baraguir, Member of the Board of Governors of RBOIâ€”ARMM. Moreover, the signing was held in the presence of RBOIâ€”ARMM Chairman/Managing Head Atty. Ishak V. Mastura, Polloc Freeport Manager Karl Eshan O. Mabang, Mr. Naoyuki Ochiai of Japan Iternational Cooperation Agency (JICA), as well as Moro Oil officials. Under this JVA, Searaven Global (M) Sdn Bhd will fund and construct the envisioned storage at Polloc Freeport via soft loan which is payable in eight years, in shaa Allah. Searaven and Moro Oil also agreed to create a partnership company to be named SEARAVEN GLOBAL BANGSAMORO PHILIPPINES COMPANY to manage the operations of the project, in shaa Allah.
SAHARA GROUP is a leading privately owned Power, Energy, Gas and Infrastructure Conglomerate established in 1996 with operating companies active in the downstream, midstream, upstream, infrastructure and power sectors. Sahara has presence in different locations including Africa, The Caribbean, Asia and Europe.
The Group’s strategy is to replicate its successes in Oil and Gas sector in the Energy & Infrastructure sector. To achieve this, Sahara has set out a roadmap for investing in people, processes, strategic acquisitions, principal investments and continuous expansion within, initially, the West African energy & infrastructure space, and then globally.
It has offices in Nigeria, Ghana, Ivory Coast, Switzerland, Dubai (UAE), Isle of Man (UK), and Singapore.
Sahara Groupâ€™s upstream division comprises a number of affiliates whose mission is to acquire, explore, appraise and develop commercial oil and gas assets in established basins and emerging frontiers in Africa. Affiliates include Sahara Energy Field, Enageed Resources, Sahara Energy Exploration and Production among others. Their core businesses create shareholder value by oil and gas reserves and production growth but they also contribute to socio-economic development where they operate. Through partnerships with employees, local communities, contractors and other stakeholders Saharaâ€™s affiliates help create and develop sustainable interventions.
Sahara Gas Limited Company was established to operate fully in the Gas Sector. The company is engaged in a variety of business activities ranging from the acquisition of preferred stakes in gas projects to the marketing and sale of gas products, including Liquefied Natural Gas (LNG), Liquefied Petroleum gas (LPG), and Condensates (Natural Gas Liquids- NGL).
Sahara Energy Resource Limited, established in 1996 as the first Sahara Group Company, is primarily focused on the sourcing, supply and trading of high quality, refined petroleum products to meet the energy needs of a dynamic and technologically advancing world. The company has over the years, grown to become a formidable player in the global energy market, servicing a wide range of customers spread across several continents.
The main business of Sahara Bulk Storage Facilities is developing and operating state-of-the-art Bulk Liquid Storage. The company is ISO 9001.2008 certified. It guarantees that all products received at its facilities comply with international standards such as:API (American Petroleum Institute); ASTM (American Society for Testing & Materials); IP (Institute of Petroleum); and JIG (Joint Inspection Group) on Guidelines for Aviation Fuel Quality Control.
The company has a robust foot print in West Africa with a significant presence in Nigeria, Ghana and recently, Ivory Coast. All its facilities are specifically designed for the storage of all types of petroleum products and chemicals.With storage facilities at key seaports and airports in West Africa, the company maintains a healthy stock of refined products for Major Oil Companies and Airlines. From these locations, the company facilitates distribution to end-users through barges, road tankers and aviation fuel bowsers.
So Aviation Limited is a major supplier of Jet A-1 fuel and is one of the fastest growing indigenous companies in the Nigerian downstream sector.
The companyâ€™s focus is the procurement of quality aviation fuel and ensuring optimum customer service delivery with the goal of guaranteeing customer satisfaction and profitability. These core values have earned the company its reputation as a reliable and customer-focused marketer in the industry.
So Aviation operates out of Nigeriaâ€™s three major international and domestic airports with one of the largest storage capacities and an increasing fleet of world class standard bowsers. As part of its continuous drive towards safety, So Aviation has installed Jet Gard (A new filtration system) on all her bowsers and introduced the use of firefighting trucks in all operating airports.
As a leading marketer of Aviation fuel, the company has an increasing client database with both domestic and international airlines and has an exclusive fueling portfolio for the Nigerian Presidential Air Fleet.
In line with the companyâ€™s vision to expand across the African region, So Aviation has commenced operations in Ghana and has future plans to set up in other African countries. And in terms of breaking boundaries, So Aviation boasts the first female bowser operator in Africa on her team.
So Energy is the downstream, retail operation arm of the group. It is responsible for the management and operation of dealer and company managed petrol stations.
So Energy introduces to each marketplace a new model of innovative stations. This model centers on combining striking architectural designs that are distinctly African yet modern, as well as contemporary services designed to meet a wide range of refueling needs for all customers.
In line with the companyâ€™s vision of being the provider of choice wherever energy is consumed, So Energy has begun an aggressive drive to establish a regional network of retail stations and now has operations in Nigeria, Ghana and Ivory Coast.
In line with Sahara Groupâ€™s vision for renewable and sustainable energy, the mission of Sahara Farms is to develop viable and sustainable agro-products and also play a leading role in the development of alternative and environment friendly sources of energy. Sahara Farms will partner with farmers and local communities in order to develop self-sustaining and commercially viable projects within the communities.
KEPCO Energy Resource Limited (KERL)
Owns a 70% stake in Egbin Thermal Power Plant located in Lagos, Nigeria, with current generating capacity of 1, 320MW and planned expansion to 2640MW
- Assets acquired from the Government of Nigeria
Egbin is Nigeriaâ€™s largest thermal power generation asset New Electricity Distribution Company (NEDC)
Owns a 60% stake in Ikeja Electricity Distribution Company, which is Nigeriaâ€™s largest power distributor. Delivered 2, 077GWh of power to 556, 843 in 2010.
Ikeja Disco is responsible for distributing electricity in the districts of Ikeja, Ogba, Ikotun, Shomolu, Akonwonjo, Ipaja, Ojodu, Ikorodu, Odogunyan, Oshodi and Abule-Egba within Lagos State, Nigeria
NG Power â€“ HPS
Owns a 70% stake First Independent Power Ltd which comprises four power plants: Afam I & II â€“ 360MW, Eleme-75MW, Omoku-150MW and Trans Amadi I & II â€“ 136MW located in Rivers State, Nigeria.
Prior to the acquisition, Sahara Power via its subsidiary, NG Power was the Operations & Maintenance contractor for the Trans-Amadi and Omoku power plants.
SIVC was established in 2013 by Sahara Group to pursue opportunities that arise from the infrastructural deficit and decay that has beset emerging economies in the world, beginning with Africa. Sahara, as a highly entrepreneurial conglomerate, has grown since its founding in 1996 to become a US$12bn (by turnover) company and has earned the reputation of being one of the largest in oil & gas, energy and real estate in West Africa.
SIVC is currently developing and implementing infrastructure projects in Oil and Gas, Utility Concessions, Industrial Parks, Real Estate, Hospitality, Agriculture, Healthcare and specialty Government-backed projects. (Information lifted from http://www.sahara-group.com/ and http://www.sivcdevelopment.com/.)