Subsidiaries
Bicontinental operates its various businesses through these subsidiaries, affiliates and partnerships.
Corporate
Bicontinental Holdings Inc
Bicontinental Holdings Inc is the group’s parent company, headquartered in Nassau, Bahamas.
- Relationship
- Group headquarters
- Jurisdiction
- Bahamas
Oil & Gas
Bicontinental Corp.
Bicontinental Corp. is the group’s office in the United States, based in Houston, Texas.
- Relationship
- Group office
- Jurisdiction
- United States
Bicontinental Nigeria Ltd (BNL)
Our Nigerian subsidiary. From our Calabar water front base we provide EPCI, consulting, marine and subsea services to oil companies in Nigeria, Eq. Guinea and Cameroon.
- Relationship
- Subsidiary
- Jurisdiction
- Nigeria
Petroleum Development International (PDI)
Our exploration and production affiliate, 49% owned by the group, focused on the emerging markets of Asia, Africa and Latin America. PDI owns and operates several fields in South East Asia, including the Ramok, Senabang and Sukatani fields, and holds interests in seven fields and one exploratory block.
- Relationship
- E&P affiliate — 49% owned by the group
Bicontinental Guyana Inc (BGI)
Bicontinental Guyana Inc (BGI) is our subsidiary in Guyana. Bicontinental Guyana was established in 2018 to support the oil and gas industry in Guyana. Our experience in Angola, Eq. Guinea, and Nigeria prepare Bicontinental to operate in Guyana.
- Relationship
- Subsidiary
- Jurisdiction
- Guyana
Bicontinental (Pty) SA
Bicontinental (Pty) SA is our South African subsidiary in partnership with Southern Africa Shipyards (SAS) as majority shareholder. Our relationship with SAS with presence in Durban and Cape Town enables us to support the growing offshore oil and gas industry in Mozambique and Tanzania and Namibia.
- Relationship
- Subsidiary — joint venture with Southern Africa Shipyards (SAS)
- Jurisdiction
- South Africa
Bicontinental Srl Europe
Bicontinental Srl Europe and our affiliate Neron pumps jointly with our Houston office and representative offices in Aberdeen handle our procurement services.
- Relationship
- Subsidiary
Bicontinental Trading
Bicontinental Trading is engaged in trading, business development and partnerships for a variety of commodities from crude oil and petroleum products to metals and minerals.
- Relationship
- Commodity trading arm
Neron pumps
Our procurement affiliate, working jointly with Bicontinental Srl Europe, the Houston office and representative offices in Aberdeen.
- Relationship
- Affiliate
Cherokee well services C.A.
Our drilling services affiliate in Venezuela. Through Cherokee well services we provided drilling and well services to oil companies in Venezuela, including PDVSA.
- Relationship
- Affiliate
- Jurisdiction
- Venezuela
Brown Rocks Ltd
In West Africa we provide services through our subsidiaries and affiliates Bicontinental Nigeria Ltd and Brown Rocks Ltd.
- Relationship
- Affiliate
Technology
Zegtel
Zegtel is our telecom affiliate that provides telecom services to telcos in Africa, Mideast and Latin America.
- Relationship
- Affiliate
Paynet
This is our fintech affiliate, Bicontinental in partnership with Giganet, provides a payment platform for banks and telecommunication companies.
- Relationship
- Affiliate — in partnership with Giganet
Aviation
Quest Aviation
Bicontinental has an interest in Quest Aviation, based in South Africa. Quest Aviation provides private charter and sells and leases helicopters and aircraft.
- Relationship
- Affiliate
- Jurisdiction
- South Africa
Starlite
Bicontinental has also entered into an agreement with Starlite of South Africa to provide helicopter services to support growing deep offshore operations in West Africa. Starlite provides Helicopter services to the oil companies and relief agencies. They currently provide services to oil companies and agencies in Africa and Asia.
- Relationship
- Partnership affiliate
- Jurisdiction
- South Africa
Power
Progasen
Progasen is our 50% owned power services affiliate.
- Relationship
- Affiliate — 50% owned
Named partners
Tradewinds Oil & Gas
Bicontinental’s joint-venture partner in Petroleum Development International (PDI).
- Relationship
- Joint-venture partner
Southern Africa Shipyards (SAS)
Southern Africa Shipyards (SAS) is Bicontinental’s affiliate shipyard partner in Durban, South Africa — one of the largest shipyards in Africa — and the majority shareholder in Bicontinental (Pty) SA.
- Relationship
- Shipyard partner — majority shareholder in Bicontinental (Pty) SA
Giganet
Giganet is Paynet’s partner in providing a payment platform for banks and telecommunication companies.
- Relationship
- Paynet’s partner
PDVSA
PDVSA is a former client of Cherokee well services in Venezuela.
- Relationship
- Former client
Historical
UB Marine
Underwater Marine Service, later known as UB Marine, was a joint venture formed in 1995 to provide diving and marine services. The venture was sold off, and Bicontinental’s focus moved to subsea and deep offshore services.
- Relationship
- Divested — sold off