ABOUT THE COMPANY

·   CORE BUSINESS STRATEGY

Linkso Nigeria Limited is the Services Division of the Owel-Linkso Group that provides multidisciplinary service to the Nigerian Oil and Gas industry.

The various composite service lines aside the subsidiary include LECON that offers Engineering (FEED) & Consultancy Service; MPS that offers Technical man power Service and LINCERT that offers NDT/DT Inspections & Certification and Project/Quality Management Services.

Linkso’s capabilities in these core business areas have helped support the onshore and offshore oil industry by bringing together employees and technical expertise in related fields from across the world. This has resulted in Linkso’s recognized standing within the Nigerian oil and gas community as a leading provider of service solutions within these areas of business.

The core business strategy remains to continue providing these same services while retaining and expanding the company’s share of the market and to fully develop and extend its existing services to other parts of the world.

Keeping with the dictates of the requirements of NIS ISO 19001:2000 to which Linkso’s Quality Management System has been certified, is a driving force to continue rendering quality services that meet international standards and ensure Customer satisfaction.

• MISSION

 To perform our services to the highest level of professionalism and to the satisfaction of the client.

• VISION

 To be the dominant Nigerian company providing engineering and technical services to the Nigerian oil and gas industry.

• STRATEGIC OBJECTIVES

     -    To continue to grow aggressively our core business services to maintain our

           position as the leader in providing service covering the life cycle of the oil and 

           gas sector development.

-    To develop and restructure our local engineering capability to support the Group in-house processes as well as emerge the clear Nigerian leader in the provision of engineering and technical services.

-    To develop best-in-class systems and processes to enhance operating efficiencies and maximize value to the client.

-    To extend our pre-eminent position in manpower services beyond the West Coast of Africa, through the Gulf of Guinea to the Middle East Oil and Gas industry.

-    To create new opportunities to leverage the Linkso brand and competitive assets in and beyond the West Coast of Africa Oil and Gas market.

-     To develop our employees into the most professional and fully committed team in the oil and gas industry.

• VALUES

      -     Honesty and Integrity

-     Performance and Teamwork

-     Commitment to safe operations

-     Ethical in all business dealings

-     Commitment to the highest standard in customer care.

COMPANY HISTORY

Linkso Nigeria Limited was established in 1994 as a limited liability company with initial paid up share capital of =N=1million. Since then the company has grown from a small consultancy outfit based in a one room apartment in Lagos to a multidisciplinary full service provider with operational offices in Warri, Port Harcourt, Angola and London as well as a modern head-office located in the central business district of Victoria Island, Lagos. Today, the company’s share capital has grown to =N=150million.

The key to its extraordinary growth and expansion in such a short period of time can only be attributable to its strong leadership, a committed work force, an opportunistic strategy and strong political goodwill.

The investors’ confidence in the long-term industry prospects, which propelled their investment in Linkso, has impelled the company to grow cautiously over the years. From the first gas consultancy job obtained in 1994, Linkso diversified into project management in 1996 with the NNPC-MOBIL OSO 2Y2 gas development project, quality management service for Shell’s Soku gas plant in 1996 and then on to Belema/Obigbo Associated Gas Gathering project in 1999, Forcados Yokri Integrated Project  in 2001(still ongoing) and Cawthorne Channel AGG project which commenced in 2003..

Today, Linkso is the only Nigerian company that has successfully provided quality management service for four of Shell’s major contracts: Soku Gas Plant, Belema/Obigbo Associated Gas Gathering Project, Cawthorne Channel AGG project and the Forcados Yokri Integrated Project all which have a combined value of  over $20million.

The provision of engineering(FEED) services which started modestly from our PH office 2002 has today been relocated to an office in Lagos, complete with requisite facilities and soft wares, and has been involved in OLOKOLA LNG FEED project- in country  and Rome.

Meanwhile, our Manpower service portfolio has steadily developed and grown to become the dominant provider of  specialized Technical skilled labour to the various projects embanked upon by the major  oil and gas operators in Nigeria and West Africa while poised for global service chain delivery .

It is noteworthy that as an outcome of Strategic planning initiative, Linkso Nigeria Limited joined the Owel-Linkso Group in January 2005, as a subsidiary company.

STAFF STRENGTH

Linkso’s accomplishments are a direct result of its investment in an innovative and committed work force and management team. Our staff strength over the years has witnessed a significant growth for both permanent and project based staff.

By the end of year 2004 and 2005, the company had staff strength of 343 & 419 respectively, permanent and project based employees.

However, for the year 2006, reflective of the impact of the Niger Delta hostilities and the cessation of a major contract, the staff strength dropped to 234.

To be in a position to take maximum advantage of the emerging challenges and business opportunities in the Nigerian Oil and Gas industry, our Man power service portfolio has developed some strategic initiatives that would support envisaged growth pattern and industrialization.

PERSONNEL GROWTH RATE  (2000–2006) – A GRAPHICAL REPRESENTATION

CURRENT ORGANIZATIONAL STRUCTURE

The growth of Linkso reflects a successful management approach based on continued investment in human resources, respect for the capacities of its staff and the development of individual responsibilities in a working environment where teamwork is strongly encouraged.

The management organization chart shown below is the operating structure to drive the well thought out strategic initiatives towards the realization of   sustainable growth.

 CHALLENGES

In retrospect, there is no gainsaying the fact that Linkso has witnessed an impressive growth in the oil and gas industry since inception and is today recognized as a leading indigenous service provider in Nigeria. She has also received a number of industry awards as an attestation to quality service and safety practices.

However, the Niger Delta crisis, the Nigerian content policy, the influx of local and International players into the service sector leading to remarkable increase in the level of competition, are emerging challenges.

In the realization of this, the company has adopted a re-positioning strategy to take full advantage of emerging opportunities resultant from these challenges facing the oil and gas industry in Nigeria as well as achieve the much desired growth expectations of our shareholders.

Linkso is developing and diversifying its capabilities into related businesses; consequently, NDT/DT inspection and certification portfolio was introduced and is being developed to render quality service using modern equipment and methodologies.

The engineering service line is being restructured and developed to support the Group in-house processes as well as emerge the clear Nigerian leader in the provision of engineering and technical services.

The challenges and opportunities are many and to exploit these opportunities to the fullest, Linkso is forging strategic alliances that will help develop its local expertise and improve its client relationships.

Also, to facilitate global service chain delivery, Linkso has opened operating offices in Angola and Qatar while that of Kurdistan is being finalized.