Oilserv enters Gabon oil, gas market with new hydrocarbon deal

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By Adewale Sanyaolu

Nigeria’s Oilserv Group has expanded its continental footprint with a strategic agreement with the Gabonese Government to develop and commercialise hydrocarbon reserves in the DEF-3 and D4-5 blocks, with gas infrastructure expected to support power generation and industrial development.

The Memorandum of Agreement signed with the Gabonese Government establishes a framework for the development of the identified assets and the deployment of critical infrastructure for gas transportation, compression and treatment.

The partnership positions Oilserv at the intersection of upstream resource development and midstream infrastructure, as Gabon seeks to convert its hydrocarbon resources into reliable domestic energy and broader economic value.

The company said the agreement is expected to support Gabon’s growing energy ambitions and contribute to the development of a market projected to reach $2.12 billion by 2031.

Under the agreement, Oilserv will bring its engineering and infrastructure capabilities to the development of systems required to move and process gas from the identified assets, with thermal power generation identified as a key area of application.

Signing on behalf of the Gabonese Government, the Minister of Petroleum and Gas, Clotaire Kondja, said the partnership would strengthen cooperation and create opportunities for greater business engagement across Africa.

Kondja also called for more flexible and business-friendly policies across the continent, particularly to address skills shortages and capital flight.

He said creating conditions that attract investment, retain capital and build local capabilities would be critical to accelerating infrastructure development and strengthening African economies.

For Oilserv Group Chairman and Group Chief Executive Officer, Engr. Dr. Emeka Okwuosa, CON, the Gabon agreement marks the company’s expansion into a new market and reflects its broader transition from conventional project delivery to integrated energy solutions.

Okwuosa said the partnership places Oilserv at the intersection of resource development, energy infrastructure, gas monetisation and national energy security.

“With decades of proven experience in delivering complex energy infrastructure, Oilserv brings to the partnership its integrated capabilities, technical expertise and deep understanding of Africa’s energy landscape,” he said.

According to him, African countries are increasingly seeking to use their natural resources to drive industrialisation, improve energy access and strengthen economic resilience, making strategic partnerships around infrastructure development increasingly important.

He said Oilserv was positioned to help connect Africa’s energy resources to the infrastructure, industries and markets required to generate sustainable economic value.

The Gabon agreement further strengthens the group’s growing presence across the continent and its ambition to emerge as a leading African energy solutions company built around indigenous expertise, innovation and world-class capabilities.

The development comes shortly after Oilserv’s participation in the Africa Oil & Gas Week Energy 2026 Conference in Accra, Ghana, where the company pushed for faster development of gas infrastructure to address Africa’s persistent gas monetisation challenge.

Speaking at a plenary session on midstream development and gas monetisation, the Managing Director of Frazimex Engineering, Engr. Chuka Eze, stressed the need to accelerate infrastructure capable of moving gas from discovery to market.

Eze identified infrastructure deficits, commercial pressures and operational challenges as major obstacles to reducing gas flaring and converting Africa’s gas resources into reliable domestic energy.

He also stressed the need for enabling policy frameworks and contractors with the technical capacity and track record to execute complex gas infrastructure projects.

Oilserv’s experience includes major gas infrastructure projects such as the Ajaokuta-Kaduna-Kano (AKK) and Obiafu/Obrikom-Oben (OB3) gas pipelines, as well as involvement in the development of more than six power plants and Lagos’ gas distribution network.

The group said the Gabon engagement reinforces its strategy of deploying indigenous African engineering capabilities to develop infrastructure that connects natural resources with power, industries and markets.

“We are not only building infrastructure; we are helping to build the energy systems that power Africa’s future,” Okwuosa said.

 

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