Thursday 12 June 2014

Kaztec's Multi-Million Dollar Project Moves to Phase Two

Kaztec Engineering, a Chrome Group subsidiary has completed phase one of its multi-million dollar integrated oil and gas project on Snake Island in Lagos and plans to begin phase two next month.


The Snake Island project is being done with Addax Petroleum. We are doing another with Shell. We have extensive experience in the oil gas industry and with the Nigeria Content Law, which is critical to the development of indigenous capacity and capability. We are positioned to create value for Nigerians and the economy,” he said.


He also said that the Group intends to increase its workforce as a result of the projects at hand. “We have a lot of young people from Nigeria working in the field. Currently we have 75 engineers, 500 skilled labour on Snake Island project in Lagos and we are looking at 20,000 jobs by 2016.


“The project is massive, located on 524 hectares of land and we have developed 68 hectares currently, laid foundation for training institute, fabrication yard, pipe mill, pipe coating, a dry dock base. We are working towards equipping Nigerians, bringing people back into the workforce, developing and keeping the economy moving forward. We have just completed phase one of the entire process and about to begin phase two. Phase two will involve setting up the facility for pipe mill and pipe coating.


“We are developing skill sets within the Nigerian content which is tied to the programme of the Federal Government’s local content. We are equipping welders, riggers, scaffolders, painters and people who work in electrical and electronics segments. We bring this team of people especially those that don’t have the skill sets, equip and employ them, a development that is critical in the dynamics of Nigerian economy today,” he added.


Also speaking, Kelley, said: “Kaztec and the Chrome Group under the leadership of our Chairman, Sir Emeka Offor, have exhibited ingenuity in the oil and gas industry. As a 100 per cent indigenous company with the local content, what we are doing is to ensure that we meet a hundred per cent of what that law entails.


[Vanguard]


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Addax Petroleum, Chrome Group, Kaztec Engineering, Lagos, Oil and Gas Project, Snake Island Project

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