Organisation Shoreline Energy International
Alternate Name formerly ABB Electrical Systems Limited
Abbreviation  
Parent  
u.r.l. www.shoreline-;group.com
email info@shoreline-group.com
Country Nigeria
Location Ikeja
Address Registered Office: 865 Market Square, Belize City, Belize, Head Office: Shoreline House,46 Industrial Avenue Ilupeju Lagos, Ikeja, Ikeja
Postal Address Head Office:, P.O.Box 21055, Ikeja, Nigeria.
Telephone + 234 1 493 4023 -5
Management u.r.l.  
Fax + 234 1 4932859
Sector Energy Manufacturing
Organisation Type African Private Sector
Status  
Stated Role Shoreline Energy International is a leading energy holding company operating in Africa with a diversified portfolio of oldings in Construction, Oil and Gas, Power, Telecommunications, Engineering, Manufacturing, Trading and Energy with a current valuation of over $120m. Shoreline has grown rapidly through strategic acquisitions in the Nigerian Infrastructure Sector. Key acquisitions include ABB Electrical Systems (Nigeria), Costain (West Africa), Schlumberger Testing and Production (Nigeria - 17%), Premier Paints Plc (Nigeria) and Alumaco Plc. The Group's strategy is to be a leading consolidator and operator in key infrastructure; Energy, Power and Construction sectors within Africa. Wepartner with leading international companies to leverage our asset base across Africa. The group is led by Mr Kola Karim, who has steered its growth and vision through strategic acquisitions<P>
Activities "Shoreline Energy International Limited has bought controlling shares of Costain Group Plc UK in Costain West Africa Plc.<P>The buy- out makes Shoreline Energy International, a closely held company, the largest shareholder in Costain West Africa PLC. "<P>http://www.proshareng.com/myproshare/portal_news.php?id=3442<;P>
Geographical Focus  
Notes  
Current Positions
Position Name From To
Chief Executive Officer Kola Karim 2007  
Budgets
Donor From To Budget ($) Note
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Record last updated on 13 MAR 2008