Oil Gas Traders Dmcc
4 stars based on
Taleveras is an African business conglomerateprivately owned with business interests in energy and infrastructure, oil and gas exploration, production, trading and supply, power and construction. Taleveras is a fully integrated company offering solutions in energy, power generation and construction services. Its activities in the energy industry are primarily centred on the physical sourcing and marketing of oil.
It pursues upstream activities with a major focus on acquiring oil assets with viable proven reserves on a structured basis. It also provides engineering and power services.
Taleveras also owns a stake in a power distribution firm in Nigeria. Venture-Africa, a bi-monthly Pan-African business magazine that champions African capitalism, describes Taleveras thus: Taleveras also owns substantial stakes in two oil blocks in Nigeria as well as lucrative production sharing contracts in three offshore oil blocks in Ivory Coast. The group's power subsidiary constructs electrical substations in Nigeria and recently acquired a majority stake in the Port Harcourt Electricity Distribution Company.
Taleveras has an annual turnover of several billions of dollars. Igho Sanomi is the controlling shareholder of the group. Goodluck Jonathanwhich had in attendance Nigerian business leaders and members of the international business community in LagosNigeria.
In JanuaryTaleveras signed a deal with the government of Equatorial Guinea "to build a giant oil storage hub in the central African country. The Bioko Island facility will have a total capacity of 1. It will be the largest crude and products storage facility in Africa.
The arrangement is "crude for product exchange process barter arrangement, which simply means you load the crude and you deliver refined petroleum products mainly gasoline based on crude lifted.
At the height of the fuel subsidy crises in Nigeria, which culminated in the Nigeria Extractive Industries Transparency Initiative NEITI probing the downstream sector of Nigerian petroleum industry in and its subsequent verification exercise, Taleveras was considered to have implemented its side of the deal to the letter.
Taleveras is a major contributor to Dickens Sanomi Foundation DSFa charity organisation founded in to commemorate the life of late Dickens Sanomi. The Foundation organises an annual essay competition for all Nigerian secondary school pupils. From Wikipedia, the free encyclopedia. Taleveras is a diversified energy and infrastructure conglomerate London Stock Exchange News. NEITI clarifies report on arrangement". Nigeria portal Energy portal.
Retrieved from " https: Organisations based in Abuja Companies established in Construction and civil engineering companies of Nigeria Oil and gas companies of Nigeria.
Maitama, AbujaNigeria. Igho Sanomi Founder and Chairman. Services and installation for power generation and transmission, oil and gas.