5th Floor, Zenon House
2 Ajose Adeogun Street,
Victoria Island Lagos – Nigeria.
PORT HARCOURT OFFICE
Heliconia Park Estate
Port Harcourt - Nigeria
ZB Joint Venture Limited (ZBJVL) was incorporated in Nigeria as a private limited liability company in 2010 under the country's Companies' and Allied Matters Act of 1968.
It was formed as an alliance of Zakhem Nigeria Limited (www.zakhem-nig.com) and Baywood Continental Limited (www.baywoodcontinental.com). It commenced operations in 2010 as a construction company in the Oil & Gas industry. Over the years, ZAKHEM BCL witnessed tremendous growth and has expanded its core competence to include Engineering, Procurement, Construction, Installation, Commissioning, Operations and Maintenance (EPICOM) services and has render those services to Shell, Texaco, Addax, NPDC, Total, Exxonmobil and other companies. It has completed various projects with total value of US$65 million and is currently executing others with total value of US$45 million with growth potential in those projects.
With the traction of the Nigerian Content Development Policy in the industry, ZBJVL has position itself to be the preferred EPICOM service provider to the Oil & Gas industry. To achieve this objective, ZBJVL has decided to undertake private placement to fund the expansion.
Based on the emerging business offshoots of the oil industry, ZBJVL sees a number of opportunities in new areas like Power, Gas and Renewable Energy etc and steps are being taken to mature these opportunities through international partnering and scaling up of the company's capital base.