The Chrome Group
- Company typePrivate
- Founded1994
- HeadquartersAbuja, Nigeria
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
The Chrome Group firmographics
Firmographics- Name
- The Chrome Group
- Legal name
- The Chrome Group
- Website
- https://thechromegroup.net
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
The Chrome Group industry classification
Industry- Product category
- Oil & Gas EPCIC-M Services
- NAICS
- Crude Petroleum Extraction (21112), Petroleum Bulk Stations and Terminals (424710)
- SIC
- Oil & Gas Field Services, Nec (1389), Crude Petroleum & Natural Gas (1311), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)
- akta.pro primary industry
- Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)
Keywords
Where The Chrome Group is headquartered
LocationHeadquarters
- HQ city
- Abuja
- HQ country
- Nigeria
- HQ region
- Africa
Offices3 records
Markets served
The Chrome Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Supply Chain, Operations, Marketing or Sales
Revenue model
- Oil & Gas Services (EPCIC-M): Engineering, Procurement, Construction, Installation and Commissioning services for oil and gas facilities. Turnkey project delivery for both onshore and offshore operations in West Africa.
- Oil & Gas Exploration and Production: Through Elcrest joint venture, holds 45% stake in OML 40 oil block with proven/probable reserves of 225.7 million barrels of oil equivalent.
- Power Sector Investments: Ownership and operation of electricity distribution companies including Enugu Electricity Distribution Company.
- Logistics and Transportation: Through Inland Container Nigeria Limited, provides haulage and logistics services. Fleet operations for oil and gas sector.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
The Chrome Group product offering
Product offeringCore offering
The Chrome Group, through its subsidiary Kaztec Engineering Ltd., delivers turnkey engineering, procurement, construction, installation, commissioning and maintenance (EPCIC-M) services for offshore and onshore oil and gas facilities in West Africa. Complementary subsidiaries provide oil exploration and production via the Elcrest joint venture (45% stake in OML 40), electricity distribution through Interstate Electrics/Enugu Disco, logistics and container haulage through Inland Containers Nigeria Limited, and broadcasting through Choffan Communication Limited.
Product overview
The Chrome Group is a leading Nigerian indigenous multinational conglomerate founded by Sir Emeka Offor in 1994. The company operates a portfolio of subsidiaries spanning multiple sectors including Oil & Gas (Kaztec Engineering Ltd. for fabrication and EPCIC-M services, Chrome Oil Services Ltd., Elcrest Exploration for E&P), Power (Interstate Electrics/Enugu Disco), Logistics (Inland Containers Nigeria Limited), Broadcasting (Choffan Communication Limited with Blaze FM and Ijele 93.1FM radio stations), and Trading (Kingsbury Trading Ltd.). The group also maintains an active CSR program through the Sir Emeka Offor Foundation focused on education, healthcare, and youth empowerment.
Differentiator
Problem solved
Functional benefit
Products and services
- Oil & Gas EPCIC-M Services (via Kaztec Engineering Ltd.) Turnkey engineering, procurement, construction, installation, commissioning and maintenance (EPCIC-M) services for offshore and onshore oil and gas facilities in West Africa, delivered by 100% indigenous Nigerian contractor Kaztec Engineering Ltd. for international oil companies and Nigerian government entities.
- Snake Island Fabrication Yard Services Fabrication of topside modules, jackets, and other equipment used by international oil companies, performed at a purpose-built fabrication facility in Snake Island, Lagos, in partnership with Addax Petroleum (Sinopec Group).
- Offshore Pipeline Installation & Construction (DLB Ekulo Cheyenne) Pipeline installation and construction services delivered via the DLB Ekulo Cheyenne pipelay and construction barge, one of the largest in the Gulf of Guinea, with 850-ton main fixed lifting capacity. Includes the US$84.5 million Shell EPC Trans-Niger Pipeline Loopline Project.
- Oil Exploration and Production (Elcrest OML 40) Upstream oil exploration and production operations through the Elcrest joint venture, holding a 45% stake in the OML 40 oil block with 225.7 million barrels of 2P reserves, co-owned with Eland Oil & Gas alongside NNPC, Shell, Total E&P and NAOC as Joint Operating Agreement partners.
- Electricity Distribution (Enugu Disco via Interstate Electrics) Ownership and operation of electricity distribution networks through Interstate Electrics, including the Enugu Electricity Distribution Company franchise serving customers in southeastern Nigeria.
- Container Haulage & Logistics (Inland Containers Nigeria Limited) Logistics and container haulage services operated through Inland Containers Nigeria Limited at Kaduna Dry Port, with fleet operations supporting the oil and gas sector.
- Radio Broadcasting (Choffan Communication - Blaze FM, Ijele 93.1FM) Radio broadcasting services operated under subsidiary Choffan Communication Limited, including Blaze FM and Ijele 93.1FM (Oraifite, Anambra State, broadcasting in Igbo language to promote and preserve the language).
Quantifiable outcome
- Expected to help international oil companies achieve substantial cost reduction in deepwater developments and accelerate delivery of offshore platforms
- +1 more outcomes
Companies that use The Chrome Group
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
The Chrome Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
The Chrome Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Vice President Prof. Yemi OsinbajominorNigerian government leadership visited Kaztec fabrication yard demonstrating government support for indigenous oil and gas industry development.
- China Shipbuilding Industry Company (CSIC)minorState-owned largest shipbuilding company in China. Representatives arrived Abuja to explore strategic partnership opportunities with Kaztec Engineering. Discussions focused on potential joint ventures and collaboration in shipbuilding and marine services.
- Addax Petroleum Limited (Sinopec Group)coreTechnical partner in Kaztec's Snake Island fabrication yard development. Sinopec subsidiary Addax provides technical expertise for the US$350 million first phase of the fabrication yard. Addax Alliance Contracting policy aligns commercial interests and creates integrated teams with Kaztec.
- International Marine Contractors Association (IMCA)minorKaztec Engineering joined IMCA as Contractor member in Europe & Africa Section with participation in Marine Division. Industry association membership providing access to standards, best practices, and industry networking.
- Eland Oil & GascoreJoint venture partner with Starcrest Energy (subsidiary of Chrome Group) in Elcrest Exploration and Production Nigeria Limited. JV acquired 45% stake in OML 40 oil block from Shell and partners.
- Books For AfricaminorAmerican nonprofit organization based in St. Paul, Minnesota dedicated to collecting, sorting, shipping and distributing books to Africa. Sir Emeka Offor Foundation named premier distribution partner in Nigeria. Agreement for approximately 640,000 books and assorted computers worth US$7 million.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
The Chrome Group competitors and assessment
Company assessmentBroad incumbents
- TechnipFMC plc: Global leader in subsea, surface, onshore/offshore EPC for oil & gas. Comparable at the integrated EPCIC-M level Chrome is positioning Snake Island to deliver across West Africa.
- Subsea 7 S.A. Global subsea engineering, construction and services contractor with offshore pipelay and installation vessels. Closest international analogue to Chrome's pipelay barge (DLB Ekulo Cheyenne) and offshore installation scope.
- Saipem S.p.A. Italian-headquartered global EPC and offshore drilling contractor for oil & gas. Represents the international incumbent whose West African deepwater work Chrome is targeting to take share from via Snake Island and Kaztec's fleet.
- NNPC Limited: Nigerian state-owned oil corporation and JV partner in OML 40 (55% stake, operator). Functions as the dominant incumbent across upstream, midstream and downstream in Nigeria with which Chrome must partner or compete.
Direct peers
- Sahara Group: Nigerian indigenous energy conglomerate spanning upstream, midstream, downstream, power and trading. Highly comparable in being a privately-held, Nigerian-owned multi-sector energy platform competing for the same IOC and government contracts.
- Aiteo Eastern Exploration and Production Company: Indigenous Nigerian upstream operator with major onshore assets and integrated midstream exposure. Comparable indigenous competitor pursuing similar IOC-aligned, Nigerian-Content-driven growth strategy.
- Seplat Energy Plc: Leading Nigerian independent upstream operator with onshore and shallow offshore oil & gas interests. Chrome's JV partner Eland Oil & Gas was acquired into Seplat, making Seplat the closest listed analogue to Chrome's Elcrest OML 40 stake.
- Oando plc: Nigerian integrated energy company with upstream, midstream and downstream operations, including indigenous oil & gas services and trading. Directly comparable indigenous Nigerian operator with IOC partnerships and a diversified energy portfolio.
Regional players
- Conoil Plc: Nigerian petroleum marketing and downstream company operating fuel stations and lubricants. Comparable Nigerian indigenous player in the broader petroleum value chain, though downstream-focused rather than services and E&P.
- Dangote Group: Largest indigenous Nigerian industrial conglomerate with major oil refining (Dangote Refinery) and petrochemical exposure. Comparable as a privately-held Nigerian conglomerate building world-scale energy infrastructure, though focused downstream rather than upstream services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Chrome Group social profiles
Digital presenceThe Chrome Group compliance and trust
Trust signalCompliance1 record
The Chrome Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Chrome Group leadership team
Management profileNumber of profiles
Profiles1 record
The Chrome Group subsidiaries and ownership
Company hierarchySubsidiaries8 records
The Chrome Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Chrome Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Chrome Group
What does The Chrome Group do?
The Chrome Group, through its subsidiary Kaztec Engineering Ltd., delivers turnkey engineering, procurement, construction, installation, commissioning and maintenance (EPCIC-M) services for offshore and onshore oil and gas facilities in West Africa. Complementary subsidiaries provide oil exploration and production via the Elcrest joint venture (45% stake in OML 40), electricity distribution through Interstate Electrics/Enugu Disco, logistics and container haulage through Inland Containers Nigeria Limited, and broadcasting through Choffan Communication Limited.
Is The Chrome Group a public or private company?
The Chrome Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Chrome Group founded?
The Chrome Group was founded in 1994. It employs 1,001 to 5,000 people.
Where is The Chrome Group based?
The Chrome Group is headquartered in Abuja, Nigeria, in the Africa region.
How does The Chrome Group make money?
Four revenue lines are on record. Oil & Gas Services (EPCIC-M) is the primary driver. The others are oil & Gas Exploration and Production, power Sector Investments and logistics and Transportation.
Who are The Chrome Group's main competitors?
Broad incumbents on record are TechnipFMC plc, Subsea 7 S.A., Saipem S.p.A. and NNPC Limited. Direct peers are Sahara Group, Aiteo Eastern Exploration and Production Company, Seplat Energy Plc and Oando plc. Regional players are Conoil Plc and Dangote Group.
Does The Chrome Group have an API?
No public API is recorded for The Chrome Group.
What industry is The Chrome Group in?
The Chrome Group's product category is Oil & Gas EPCIC-M Services. Its primary akta.pro industry code is EUALAIAB, Branded Fuels Wholesaling & Jobber Distribution. Its NAICS code is 21112 and its SIC code is 1389.