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In their 25th year, Eterna continue to push boundaries with their innovation, high level of performance and strong principles, accompanying their vision to be an energy company that delivers exceptional value Writer Emily Jarvis Project Manager Sheridan Halls
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terna was incorporated on the 13th of January 1989 as Eterna Oil & Gas Limited and commenced business in 1991. The company was re-registered as a public limited company in 1997. In a bid to carve a niche as a manufacturer and marketer of reliable, efficient and high quality lubricants and oil products, Eterna established a technical trading relationship with Castrol BP in 1991 – the pioneers in global lubricant technology and specialty chemicals. This relationship gave rise to a distributorship agreement and an exclusive right to import and market Castrol products in Nigeria and the ECOWAS sub-region. Eterna have significantly expanded their retail network in coastal areas in order to enhance cash flows and profitability with the following acquisitions: A coastal tank farm in Lagos with a capacity of 34 million litres An aviation fuel depot at the Bill Clinton Drive, within the Nnamdi Azikwe International Airport, Abuja Development of a coastal storage facility in Ikot Abasi, Akwa Ibom State to serve the petroleum products needs of the Eastern and Southern markets Roll-out of several filling stations across the country Eterna engage in the manufacturing and sale of lubricating oils and petrochemicals; importation and bulk/retail sale of petroleum products including PMS, AGO, LPFO, base oils, bitumen and export of lubricants/fuels; bunkering, gas distribution and marketing LPG and NG; offshore and onshore oil services; gas processing; equipment supply services and other engineering and technical services for the energy sector.
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PETROCAM TRADING (PTY) LTD
MR SHIRAZ GANY 18TH FLOOR,SANDTON OFFICE TOWERS CORNER 5TH STR.AND RIVONIA ROAD SANDHURST EXT.3 SANDTON 2146, SOUTH AFRICA
PETROCAM TRADING (NIG.) LTD MR PATRICK ILO 195B JIDE OKI STREET, OFF LIGALI AYORINDE STREET, VICTORIA ISLAND LAGOS STATE, NIGERIA
Mobile: +2348160812359 | Email: patrick@petrocam.co.za
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Fuel stations The underlying philosophy of Eterna’s retail business is value for money and loyalty rewards. With pumps that are calibrated to highest industry standards, the station attendants are honest and customer-friendly and their stations are safe and accessible. The integrity of Eterna’s pumps is now widely acknowledged and continues to attract customers. The company have embarked on strategies to ensure that they remain visible as a retail outlet business. Eterna have bounced back from a zero level, to ownership of 12 retail sites, 3 in Abuja, 4 in Lagos, 1 in kaduna, 1 in Port Harcourt, 1 in Enugu and ongoing project development in Ijebu-Ode and Ibadan. On the 13th of September 2008, they commissioned and opened their flagship petrol filling station located at Gidado Idris District, Wuye Abuja. It is a one-stop-shop filling station that houses, amongst other things, a banking hall, an eatery, a shopping mall, a cyber café and ATM.
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lube blending Plant
Sails were chosen as our symbol because sailing is about harnessing natural resources for movement and the adventure of crossing borders”
Eterna’s high grade lubricants are blended at their plant in Sagamu, Ogun State. The plant occupies a sprawling land mass of almost five hectares along the Lagos/Ibadan expressway. It is the third plant in Africa to exclusively manufacture Castrol products and the only one to cater for the West African markets. The plant houses a state-of the-art laboratory with hi-tech equipments which has ensured that the usual Castrol international quality standard is maintained.
Petroleum storage Terminals In order to register their presence as an oil marketing company to be reckoned with, Eterna recently acquired a 30 million-litre facility for storing petroleum products at the Ibru Jetty, Ibafon, Apapa. They also acquired an aviation tank farm along Bill Clinton Drive at the Nnamdi Azikwe Internal Airport, Abuja, to meet the demands of the aviation industry.
Petrocam Trading (Pty) Ltd
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Petroleum Traders - Energy in Motion
etrocam Trading (Pty) Ltd, established in 2004, is an entity focused on commodity trading in Africa. Since inception, Petrocam have developed invaluable and competitive experience in operating in developing countries and has cemented its ability to facilitate trade in emerging and developing markets, relating to African import and export flows of commodities.
We believe that skills development, leadership opportunities and an emphasis on quality service delivery form the core of an organisation’s ability to grow and prosper. We place great emphasis on up-skilling our staff facilitating the continuous promotion and development of employees within the organization which encourages employees to continue to learn and invest in themselves and the company.
Petrocam have established offices in both South Africa and Nigeria, with satellite operations in Ghana and Kenya and we have an ambitious expansion strategy in place and we believe in investing in the countries in which we operate to enhance skills development and infrastructure investment.
Petrocam is committed to corporate social responsibility initiatives. Petrocam believes that with its own growth and success, the local community will benefit.
We provide flexible trading solutions to accommodate the requirements of suppliers, buyers and financial institutions by efficiently pooling together industry experience and resources to offer full turnkey supply and logistics solutions for commodity trading in Africa. We facilitate petroleum trading from a risk management perspective by taking charge of the delivery of products to customer’s tank farms and warehouses using our “Cradle to the Grave” approach, mitigating the risks end to end throughout the supply chain.
Further to this, we participate in several community development projects independently or in partnership with non-profit organisations on a continuous basis investing in community centres, Enterprise and Entrepreneurial Skills Development programmes, education and welfare for orphans and the underprivileged persons, youth development programs and disaster relief projects wherever a crisis may exist.
Tel +2348160812359 Email patrick@petrocam.co.za www.petrocam.co.za
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Our Corporate Identity
The unveiling of their new logo in 2005 marked yet another significant milestone in management’s ongoing drive towards re-engineering and repositioning Eterna to deliver exceptional value to their stakeholders. The change in logo is a manifestation of change across the company, affecting Eterna’s focus, drive and performance. The three sails of Eterna’s logo represent the planned integration in the oil sector. “Sails were chosen as our symbol because sailing is about harnessing natural resources for movement and the adventure of crossing borders. There is a sense of freedom and timelessness which comes with sailing and which reflects aspects of the Eterna spirit,” the website states. The border around the logo conveys the stability that Eterna now has; a company which has had experiences from which it has drawn, resulting in a stronger, bettergrounded company. The yellow, orange and green colours of the logo demonstrate the energy and vision of the company as well as representing its concern for the environment. “The company name is written using a type face which is attractive, yet simple. The use of a small ‘e’ for Eterna shows the youthful, innovative and informal company that we like to think of ourselves as.”
Corporate Commitments Today’s business processes emphasise the need for best practice, corporate governance and corporate social responsibility play key roles in ensuring that Eterna’s activities live up to the expectations of their stakeholders. The company maintain a robust Community Affairs, Safety, Health, Environment and Security Policy (CASHES) that meets international standards.
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Elite-Fles Hoses Nig Ltd
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lite-Fles Hoses Nig Ltd is an associate, authorized and exclusive sole distributor for the products and services procured through Gutteling BV Composite Hoses Netherlands in the territory of Nigeria and Africa. Our young and highly sophisticated company is unique in her flexibility, production and high quality approach. Our range of products includes more than 200 different types of composite hoses, and we develop and manufacture any specific type of composite hose through the back up of our manufacturer Gutteling BV Composite Hoses Netherlands. Our vision is to become a world class and lending service provider to oil and gas companies for Gutteling composite hoses in Africa. Tel (234) 803 468-0642 Email info@elitehose.com
www.elitehose.com
Carbon and Fuels Ltd
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arbon and Fuels Ltd is a niche petroleum marketing company in Nigeria with bias for lubricants (lubrication technology), special products and greases. The company’s main market focus is to ensure that its customers break into frontiers never before attained. This is mainly achieved by producing/ supplying quality products required while also ensuring that the customers get their marketing/sales activities sharpened up by assisting them in terms of training, market tips and market knowledge. The company has positioned itself with an aim to meet the energy needs of the society, in ways that are economically, socially and environmentally viable, now and in the future. Tel +234 8033012703 Email carbonsandfuels@ymail.com
www.carbonandfuels.com
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logistiQ XPEditoRs Logistiq Xpeditors Limited (LXGlobal) is a leading logistics company with offices in Lagos, Port Harcourt and Abuja, Nigeria. Our services include Freight Forwarding, Customs Brokerage, Import & Export Handling, Transportation and Managed Warehousing, supporting all sectors of the Nigerian economy. We are committed to providing professional, time-defined and customised services tailored to meet the specific needs of our clients thus allowing them to concentrate on their core business activities. LXGlobal is the Nigeria Agent to Expeditors Inc of Washington which gives us access to a global network with a presence in over 180 countries including major oil and energy hubs like Dubai, Houston, Singapore and Brazil. Tel +234 1 2121328/9 Email info@LXGlobal.com
www.lXglobal.com “We ensure high standards of corporate governance, transparency and fairness in all our dealings because we believe that strong corporate governance is a key factor in creating shareholder value and maintaining our investors’ confidence,” says the website. “We recognise the growing demand of good governance on our brand and we are not ignorant of the statutory and regulatory requirements for publicly quoted companies in Nigeria. We operate in compliance with the duties and responsibilities as provided in the Code of Corporate Governance relevant in Nigeria.” Furthermore, the company have set up an internal control and audit department to ensure that the risks facing the company are correctly assessed, evaluated and managed to combat the possibilities of adverse exposure. By maintaining the services of a health management outfit, Eterna
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have ensured that there is adequate security for their personnel, client representatives and third parties at all of their work sites and premises, with an insurance policy covering against liability. As a result, Eterna are able to create a safe and peaceful working environment, ensuring that all sub-contractors perform their work in accordance with their CASHES policy.
sustainable Investments As responsible corporate citizens, the company recognise on their website that they cannot conduct business in isolation from the society: “We know that our industry permeates all sectors, thus, we place considerable emphasis on investment strategies that are beneficial to the society at large.” Moreover, in carrying out their operations, Eterna strive to eliminate adverse effects or impact their work has on the environment: “We are embarking on sustainable investments
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in cleaner energy products such as gas, solar power and bio-fuels to complement the global efforts to reduce emissions and damage to the environment. Research and development is fundamental to our industry. We shall continue to invest in scientific approaches to ensure that we produce the best quality, at affordable prices.” With a vision to be an energy company that delivers exceptional value, Eterna continue to push boundaries with their innovation, high level of performance and strong principles.
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• GLOBAL OCEAN & AIRFREIGHT • CUSTOMS CLEARANCE • MANAGED WAREHOUSING & DISTRIBUTION • CONSULTING SERVICES
Ground Floor, Mandilas Building Annex, 35 Simpson Street Lagos Island 101231, NIGERIA Tel: +234 1 212 1328/9 | Email: info@LXGlobal.com | www.lxglobal.com
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E n q u iries Tel (UK): +44 (0) 1603 559 151 Tel (SA): +27 (0) 21 527 0053 ben.weaver@outlookpublishing.com
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ETERNA 5a Oba Adeyinka Oyekan Avenue (formerly Second Avenue) Ikoyi, Lagos Tel: +234 1 4605316 Email: info@eternaplc.com
www.eternaplc.com