Canyon Offshore has strategically placed itself to grow with Africa’s increasing activities in the Oil & Gas sector, the power sector and the mining sector. Through a network of local partners and affiliates across Africa, Canyon Offshore is growing with the continent taking our services to where they are needed the most.
read more The following figures illustrate the Corporate Structure of Index Brook
Limited and how the different entities within the Index Brook group of
companies, interact to create value for stakeholders.
Index Brook Limited is a holding company comprising of the following semi-autonomous business subsidiaries:
-Pasadena Exploration and Production Company Nigeria Limited
-Seaport International Nigeria Limited
-Index Brook Exploration and Production Company Limited
-Mosbrook Nigeria Limited
The establishment of these and future subsidiaries is in line with
the vision of the company to both provide third party contracting
services to oil, gas and power sector companies as well as to own and
operate oil, gas, power, ports and public infrastructure assets in
Nigeria, Ghana, Angola and Mozambique.
Indeed, plans are underway to establish an Investment Management
subsidiary that will be charged with warehousing and managing the
company’s strategic investments in such assets.
The company has a long standing philosophy of leveraging strategic
alliances to rapidly acquire capacity, eliminate entry barriers in its
core services areas and further deepening the scope of third party
contracting services offered by the company.
Aside from the value derived by Index Brook Limited from the third
party contracting activities of its subsidiaries, there is a greater,
even more strategic role the subsidiaries will be expected to play in
providing the holding company an entry strategy in securing
infrastructure asset development opportunities through the Investment
Management subsidiary.
Index Brook Limited’s business philosophy is designed to balance out
the risks to its shareholders and mitigate the effects of competition
on its third party contracting businesses.
Mr. Oluwatoyin Abayomi Akomolafe (Executive Chairman)
Canyon Offshore Limited is led by a team of managers comprising of:
As the figure above illustrates, Canyon Offshore strives to take advantage of growth oppotunities, only where certain key competitive advantages can be gained and maintained.