| The Sahara
Group is an energy sector player. The group
has business activities that span through the entire
energy value chain. Our core field of endeavor is
centered within the Oil and Gas industry and its
associated sub-sectors. The Group also participates
in businesses in other industries that are synergistic
to its core field and those businesses deemed strategic
in its regions of operation. The Group's strength
is attributable to a number of factors: dedication
to our core values, loyalty and integrity to our
industry partners, and experienced professionals
with prescience and abilities to breakthrough obstacles
– in addition to these are our steadfast relationships
that span generational bridges; lasting through
changing markets and political conditions.
The first Sahara Group company,
“Sahara Energy Resource Limited”,
was founded in 1996 as an oil trading business
focused on Nigerian and West African oil products.
Within 3 years the company had established herself
as a credible trading house securing trade lines
from first class international banks, like BNP
Paribas and United European Bank.
Over the years, as the company grew in reputation
and size, it became evident that there was a need
to diversify into other industry-related businesses.
Initially, this was done by creating divisions
within Sahara Energy Resource Limited.
As the divisions grew into veritable businesses
and revenue generators in themselves, they were
established as separate limited liability companies,
each with its own management and organizational
structure, all co-existing as a part of the larger
Group.
The Group has witnessed remarkable growth since
its inception and by 2004, was comprised of 10
operating companies with a combined staff of 331
and a turnover in excess of $1.5Billion.
Management of the Group is vested in Enageed
Resources Ltd as the general overseer of all operating
companies and provider of centralized group functions.
Daily management of our operating companies is
decentralized and vests with their respective
managers.
The Group is headquartered in Lagos, Nigeria.
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