Addax Petroleum Development (Nigeria) Limited, a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia and the third largest worldwide, recently honored Kaztec Engineering Limited, a leading EPCIC company and subsidiary of the Chrome Group, describing it as “a performance focused company with potential for increased quality service delivery”.

ABUJA, NIGERIA, October 23, 2012 — Kaztec Engineering Ltd. (www.kaztec-eng.com), a leader in the fabrication of drilling and production platforms and other specialized structures for the oil and gas industry, today announced the launch of a Research and Development Division in order to meet the ever-growing demands of the oil and gas industry. Kaztec is a subsidiary of the Chrome Group (www.thechromegroup.net), a leading West African oil and gas conglomerate.

Kaztec Engineering Limited is one of the fastest growing service companies in the petroleum industry, and has continued to set records by delivering on challenging services dreaded by many indigenous companies.

Kaztec, which was established in 2005 as a subsidiary of the Chrome Group, prides itself with offering quality engineering, procurement, construction installation, and commissioning, (EPCIC) services in the petroleum industry.

With a trail of services delivered to its key industry clients, Kaztec has successfully developed a track record for onshore and offshore construction services.

In the words of the Chrome Group Chairman, Sir Emeka Offor, the secret to success in the oil and gas sector lies in the ability to deliver products in a safe, suitable, cost efficient and timely manner.

Kaztec is created as an indigenous company specializing in oil and gas services in Nigeria at a time when Nigerian Content was in its infancy. The vision of the company was to create an indigenous EPC capability, covering both onshore and offshore where few other indigenous companies ventured.

This vision is dynamic, and has continued to grow to encompass new capabilities leading the company to become a major player in the West African Oil and Gas industry.

Of course, the services already delivered by the company have continued to serve as testimonials and attracted more jobs.

Some of the new projects awarded the company based on capacity evaluation include a 24 inch X 107 kilometer Calabar to Adanga Pipeline EPC contract.

Again in the 3rd quarter of 2009, it was awarded another contract – Pipeline Integrity Assessment and Metering Station Rehabilitation and Upgrade/Expansion of Metering Facilities.

In the 1st quarter of 2010, Kaztec won another contract – TB: 1921 Call Off contract for the Installation of Subsea Pipelines and Topsides for Addax Petroleum Development Company Ltd.

These projects are all on-going and have reached various advanced levels of completion.

In the TB: 1921 contract for instance, which it is executing for Addax, Kaztec is currently in the 3rd phase of a 3 year major pipeline installation / topsides setting and tie-in program.

The technical capacity of the company to deliver on tasking jobs is supported with huge facility and assets.

To facilitate and enhance its projects, Kaztec has put together a first class Procurement and Construction organization, with procurement offices in Lagos and Dubai, the United Arab Emirates (UAE).

The procurement units are experienced in provision of equipment and materials for construction operations, barge supplies for pipe-lay and lifting operations.

Kaztec has also acquired assets that are fit-for-purpose such as DLB Ekulo Cheyenne with 800 tonnes fixed Manitowoc Crane, capable of meeting a good percentage of lifting needs in the West African sub-region, in addition to pipe lay capability.

Kaztec also provides a turnkey EPC capability with emphasis on project management and engineering installation solutions. It provides all the components of EPC contracting, but the value is often defined by the engineering to reduce the time and cost of the offshore construction.

Kaztec’s offshore capabilities include the Ekulo Cheyenne DLB, the Ekulo Tornado DSV and associated support vessels. The fleet will continue to expand to meet the needs of the clients.

The aim of the rapid expansion is to equip Nigerians with the requisite competences to be able export technology and services to other African countries and regions in the near future, in line with Federal Government’s Nigerian Content aspirations.

The evolution of Kaztec is an eloquent testimony of the success in the realization of the prime targets of the government’s Nigerian Content aspirations to develop and nurture robust indigenous capacity for petroleum industry services.

To this end, the local content profile of the company continues to stand out with 100 percent indigenous company growing rapidly since 2005 and diversifying to offshore operations in 2009.

In its growth drive, Kaztec acquired Enikkom Investment services Ltd in 2011 to enhance its capability in swamp and onshore pipeline services, including installation of Trenchless Crossings.

Although a local company, Kaztec has a global vision with personnel drawn from several blue chip companies for combined experience in project management, operations, quality, health, safety and environment.

In recognition of its trail blazing records, Kaztec was awarded the ISO 9001:2008 series by London-based, Bureau Veritas, in recognition of its achievements in Nigeria’s Oil and Gas Industry, and for also adhering to global best practices. It has also received certifications and membership from world class institutions including International Institute of Risk and Safety Management; International Marine Contractors Association; and PETAN (in view).

In considering Kaztec for this award, NAEC took consideration of the company’s huge investments in systems and processes that ensure quality and value generation in the domestic economy.

Bureau Veritas Certification certifies that the management of Kaztec Engineering Ltd has been audited and found to be in accordance with the requirements of the management system standards of ISO 9001:2008 under the scope “Engineering, Procurement, Installation and Construction”.