Kia Group Petroleum
KIA Petroleum is fully a fully integrated African petroleum company with a primary focus on the Nigerian and the emerging Africa petro-countries in East and Southern Africa. Our aim is to develop a world-class petroleum services company that is strong across the three verticals of petroleum business from upstream, midstream to downstream.
In the upstream we have established a strong footprint in the development of oil & gas assets. We have also built world-class capability in the operatorship of oil & gas assets under suitable arrangements including Joint ventures, quasi-PSC and other suitable arrangements. Our upstream capability involves exploration, field development, operations, technical support and core corporate services, all backed by competitive international funding and technical and off-take partnerships.
This business is closely aligned with our Oil services business segment where, with an initial focus on Nigeria KIA plays a significant role in actualizing local content initiatives in the services segment. KIA has built global alliances with leading oil service experts to deliver the much needed technical services to oil producers across the region.
Our down stream focus is in energy trading in gas and refined products across Africa. Opportunistically we trade in crude, refining and petrochemicals. We also invest in modular oil refineries with the objective of domestic supply with ability for export. This aspect of our businesses is intrinsically linked to the petrochemical industry where we trade all refinery oil derivatives.
With respect to gas we also work with asset owners and operators whose primary focus is crude oil production and therefore are seeking the right partnership to optimize their associated gas. In this case KIA collects and optimizes the gas as feedstock for generation of energy.
Equipment Supply: KIA also has a dedicated business line for supply of world class valves and pumps in Nigeria and across Africa in association with a leading Chinese manufacturer. This service line ably compliments our robust service line in the oil sector.