FOR IMMEDIATE RELEASE
January 5TH 2015
HOUSTON, TX and LAGOS, NIGERIA — COLOSSUS Group Corporation, a premier upstream technical consulting firm based in the United States, and TSL Logistics, a leading midstream logistics and energy infrastructure company in Nigeria, have officially signed a landmark Joint Venture (JV) Partnership Agreement.
The strategic alliance positions COLOSSUS Group as the technical partner, combining its specialized upstream technical expertise, digital oilfield solutions, and engineering capabilities with TSL Logistics’ robust midstream infrastructure, operational footprint, and market intelligence in the region. Together, the partners will jointly explore and execute asset development, production optimization, and technical services across the rapidly evolving West African geomarket.
The partnership comes at a pivotal time as regional asset operators increasingly look for advanced engineering and technology-driven solutions to maximize efficiency, reduce operating costs, and unlock value from mature and greenfield assets alike.
"This joint venture marks a significant milestone for COLOSSUS Group as we expand our footprint into West Africa," said Melvin Mullings, Global Director BD of COLOSSUS Group Corporation. "By aligning our technical capabilities with TSL Logistics’ deep regional operational strength, we are uniquely positioned to deliver end-to-end solutions that solve complex upstream challenges and accelerate production for our clients."
Speaking on the partnership, Wale Fatoki, Managing Director of TSL Logistics, stated: "We are excited to partner with COLOSSUS Group. This collaboration enables TSL to seamlessly extend our capabilities across the energy value chain, moving strategically into the upstream space. The combination of our local logistics mastery and COLOSSUS’s world-class technical expertise creates a powerful platform to deliver unparalleled value in the West African market."
The joint venture will immediately begin identifying and evaluating commercial upstream opportunities, focusing on technical surveillance, asset management, and infrastructure integration across Nigeria and the wider West African subcontinent.
About COLOSSUS Group Corporation
COLOSSUS Group Corporation is a US-based upstream technical consulting firm specializing in engineering, digital oilfield solutions, subsurface evaluation, and production optimization technologies for the global oil and gas industry.
About TSL Logistics
TSL Logistics is a premier midstream logistics and energy infrastructure provider headquartered in Nigeria. The company delivers world-class supply chain, storage, and transport solutions across the West African energy sector.
Media Contacts:
|
Name: Executive Communications Email:
|
Name: Executive Communications Email: |