and transmission founded 2004 headquarters maitama abuja nigeria key people igho sanomi founder and chairman products services and installation for power generation and transmission oil and gas website www.taleveras.com taleveras is an african business conglomerate privately owned with business interests in energy and infrastructure oil and gas exploration production trading and supply power and construction . taleveras offices are located in london geneva abuja lagos abidjan cape town and dubai . 1 contents 1 history 2 operations 3 crude oil swap 4 corporate social responsibility 5 references 6 external links history edit taleveras was founded and incorporated in 2004 by a nigerian businessman igho sanomi with a vision to make the company a leading global energy & service company . 2 nigeria s government revenue agency firs raided and closed the company s offices in july 2016 due to outstanding tax liabilities . 3 operations edit 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 is a diversified energy and infrastructure conglomerate concentrating on oil & gas exploration production trading and supply with further activities in power and construction . 4 according to forbes taleveras trades over 100 million barrels of crude oil as well as several million tons of gasoline lpg and jet fuel . in april 2012 taleveras acquired production sharing contracts pscs for three offshore oil blocks in ivory coast . in june 2013 taleveras sold a 65 % stake in one of its ivorian offshore upstream projects to lukoil of russia for an undisclosed price . taleveras also owns a stake in a power distribution firm in nigeria . 5 venture africa a bi monthly pan african business magazine that champions african capitalism describes taleveras thus trading close to a billion barrels of crude oil and millions of tons of condensates gasoline jet fuel condensates and lpg every year . taleveras also owns substantial stakes in two oil blocks in nigeria as well as lucrative production sharing contracts pscs 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 . 6 on 30 july 2013 taleveras emerged the bidders for afam power plc. 7 8 in october 2013 taleveras signed a technical agreement with alstom group for the rehabilitation and capacity expansion of the 776 megawatts afam power plant located in rivers state . patrick kron who is the chairman and chief executive pr sident directeur g n ral of the french engineering conglomerate signed the deal with taleveras on his visit to the president of nigeria dr. goodluck jonathan which had in attendance nigerian business leaders and members of the international business community in lagos nigeria . 9 10 11 the president and chairman of taleveras igho sanomi led a delegation to ivory coast in november where an upstream deal with the government of the francophone west african state for offshore block ci 523 were signed and sealed with officials of the ministry of energy and petroleum petroci the national oil company of ivory coast and afren the london stock exchange listed independent oil and gas company . taleveras had earlier acquired an interest in afren s ci 525 located near the ghanaian border in ivory coast . 12 13 14 in december 2013 an oil industry services group 15 petrofac in conjunction with taleveras energy resources signed a memorandum of understanding detailing a five year co operation agreement with the nigerian petroleum development company npdc which seeks to support npdc s aims to further build indigenous capacity and technical capabilities of npdc & its affiliates . in the mou petrofac and taleveras agrees to provide financial technical and capacity and capability building support for the further development of npdc s offshore block oml119 in a risk based support agreement by which reserves and license ownership are retained by npdc . 16 17 18 taleveras is a member of an indigenous consortium aiteo consortium which won the oil mining lease oml 29 the largest oil block among the four blocks offered to prospective reputable investors by shell petroleum development company spdc . the consortium made the highest bid of 2.85 billion to defeat competitors . 19 in january 2015 taleveras 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 1.34 million tonnes of storage for crude oil and products such as gasoline naphtha jet fuel and fuel oil the firm said . it will be the largest crude and products storage facility in africa . 20 21 crude oil swap edit taleveras petroleum trading bv an arm of taleveras was one of nigerian companies whose services were enlisted by duke oil an international oil trading company wholly owned by the nigerian national petroleum corporation nnpc . 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 . in february 2011 taleveras petroleum trading bv entered into a management and operation agreement with duke oil to operate and manage its crude and product exchange agreement with nnpc and pipelines and product marketing company ppmc from february 2011 until december 2014 . 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 2012 and its subsequent verification exercise taleveras was considered to have implemented its side of the deal to the letter . 22 23 24 25 corporate social responsibility edit taleveras is involved in global initiative for peace love and care giplc 26 a non governmental organisation with a mission to promote sustainable programs and activities that will ensure a better life for the orphaned and vulnerable children ovc . 27 28 taleveras sponsored the 2010 and 2011 kaduna international polo tourneys respectively . 29 30 it also supported the maiden edition of africa youth athletics championships held in warri delta state in 2010 with ten million naira n10m . the company was commended by commissioner of sports delta state nigeria amaju pinnick for its contribution to sports . 31 32 taleveras is a major contributor to dickens sanomi foundation dsf a charity organisation founded in 2011 to commemorate the life of late dickens sanomi . the foundation organises an annual essay competition for all nigerian secondary school pupils . its 3rd edition tagged 2013 dickens sanomi annual essay competition has been held . 33 the foundation is also involved in strauss musical competition which promotes musical development in children and competition for adult writers . taleveras is also a major supporter of the bobby moore fund for cancer research in the united kingdom . references edit group overview . taleveras at a glance . firs agency shuts capital oil guaranty petroleum others over tax debt . nigeria newsflash . 27 july 2016 . retrieved 28 september 2016 . taleveras lukoil sign pacts for oil acreage . businessday . 17 june 2013 . taleveras is a diversified energy and infrastructure conglomerate ... ten young african millionaires to watch in 2013 . forbes . 15 july 2013 . 10 nigerian billionaires you ve never heard of . ventures africa . 2 july 2013 . new owners emerge for afam power plc kaduna distribution company . vanguard . 1 august 2013 . afam power plc nigeria sale of equity pdf . dayo oketola 24 october 2013 . afam power plant s expansion to begin soon . punch newspapers . theodore opara 19 october 2013 . alstom partners nigeria in infrastructural development . vanguard . firms seal deal over afam station expansion . energy mix report . taleveras afren seal upstream oil gas deal in ivory coast . vanguard . 25 november 2013 . taleveras pick more acreage in cote d ivoire . petroleum africa . 27 november 2013 . taleveras signs exploration deal with cote d ivoire . oil review africa . 1 november 2013 . iain hepburn 3 december 2013 . petrofac boosts nigeria presence with npdc agreement . petrofac and taleveras sign cooperation mou with nigerian petroleum development company . london stock exchange news . 3 december 2013 . petrofac taleveras sign mou with npdc . petroleum africa . 4 december 2013 . petrofac signs deal with npdc . reuters . 3 december 2013 . ejiofor alike 24 may 2014 . aiteo set to close deal on shell s prolific oil block . thisday . equatorial guinea taleveras to build giant oil storage hub . reutersafrica . 6 january 2015 . taleveras to build giant oil storage hub in equatorial guinea . thecapital . 6 january 2015 . kunle kalejaye 10 april 2014 . crude oil swap neiti clarifies report on arrangement . vangaurd . taleveras clarifies crude oil swaps with nnpc . thisday . 28 march 2014 . patrick atuanya . taleveras winds down duke nnpc oil swap arrangement . businessday . dayo oketola 10 april 2014 . pneiti taleveras clarify alleged crude swap scam . punch . food for one million save a child and child education support . giplc mission and vision . partners of the global initiative for peace love and care . taleveras sponsors kaduna polo tournament 2011 . taleveras polo team . televeras joins ayac 2013 . vanguard . 27 march 2013 . warri 2013 athletic championships begin . the punch . 28 march 2013 . quality essays surprise judges . the nation . 29 november 2012 . external links edit taleveras dickens sanomi foundation retrieved from https en.wikipedia.org w index.php title taleveras & oldid 743638304 categories companies of nigeriacompanies established in 2004construction and civil engineering companies of nigeriaoil and gas companies of nigeriahidden categories use dmy dates from december 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 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