Shoreline is making waves in upstream sector

Improvising: a boy tries to surf using a log in the Atlantic Ocean off Ikare village near Lagos, Nigeria

REUTERS/SCANPIX

By Barry Morgan London

 16 August 2012 22:59 GMT

LIKE fellow Nigerian independents Sahara and the Oando Group, Shoreline Energy International made its mark outside of the oil industry, in power solutions, dredging, telecom and trading.

It decided from a position of technical and financial strength to leverage its Nigerian identity and break into the upstream oil sector.

Chief executive Kola Karim is clear about international oil companies needing “an African face that understands the culture and country to help run a business properly”.

“Rather than spend too long listening to what is said about us as a people, we should be securing how we want the world to see us — as focused and dedicated to a prosperous Africa,” Karim says.

Last month’s coup by Shoreline Power subsidiary Shoreline…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index