Oilserv targets Namibia’s booming oil sector

Pan-African industrial energy group, Oilserv Ltd has set its sights on establishing a footprint in Namibia ahead of first oil production and associated infrastructure development.

As a leading provider of oilfield services for clients across the Middle East and Africa, Oilserv has participated in some of the largest gas pipeline projects on the continent, leveraging its experience and capacity to carry out large-scale engineering, procurement and construction (EPC) work.

In a recent interview, Oilserv Chairman Sir Engr. Emeka Okwuosa noted that Namibia’s regulatory environment had drawn they company’s attention further affirming that due its capacity and experience, Oilserv is positioned to help Namibia realize its energy ambitions and infrastructural development going forward.

“The potential to invest and develop new emerging markets in energy, mining and renewables was the attraction to Namibia, while ample workforce in developing local capacity and capability skills is the “magnet.” Namibia’s regulatory environment is receptive and enabling to allow fair consideration to new entrants like ourselves,” said Okwuosa adding “Namibia is entering into the energy sector in its infancy and is still very much a blank canvas compared to many countries on the continent and beyond. Mining is established and growing, but the energy sector as it develops will accelerate the development of Namibia for its people and future.”

Oilserv Ltd specializes in engineering, procurement and construction (EPC), not only constructing pipeline projects on- and offshore, but also infrastructure development for the oil, gas and utilities sectors. A recent notable project is the 617-km, US$2.3-billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project across Nigeria, which is among other projects we are developing in the liquefied natural gas (LNG) and methanol space.

“Oilserv has the experience and pedigree in the oil and gas sector for almost 30 years. Where many companies have fallen off the edge, we have grown exponentially in workforce, technology and project complexity. For instance, we have the most advanced welding and non-destructive testing (NDT) apparatus in Africa, as well as one of the largest heavy earth machinery inventories in Africa, and have successfully managed projects in challenging environments,” he added.

Oilserv Limited is Africa’s leading Oil and Gas Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) Pipelines and Facilities Company. The company, which was founded in 1992 and commenced operations in 1995, has relied on innovation to become a globally competitive integrated energy company with a history of completing turn-key projects in Nigeria and across Africa while utilizing advanced technologies.

“As opportunities in our sectors of interest evolve and we get actively involved, South Africa and the wider region will be entwined for Oilserv going forward. The oil and gas development will be at least five years away, but it will allow Oilserv to establish its capabilities and footprint in preparation for the infrastructural development in other sectors in the interim. This will allow us to be firmly embedded in the future development of Namibia, but also establish ourselves as a regional player.

“We set out as an oil and gas infrastructure service provider, but with our expansion and the energy transition that is taking place globally, we have positioned the company to meet this transition and operate across oil and gas, utilities, renewables, infrastructure and mining sectors,” further explained Okwuosa

Business Express/Energy, Power & Capital

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