IATF 2025: Oilserv highlights opportunities for Pan-African EPC companies
By Yunus Yusuf
Oilserv Nigeria Ltd. has called on International Oil Companies (IOCs) operating across Africa to fully leverage the opportunities available within the continent, especially in the Engineering, Procurement, and Construction (EPC) sector.
The Group Chief Executive Officer of Oilserv Group, Mr Emeka Okwuosa, made the call on Thursday at the Intra-African Trade Fair (IATF 2025) in Algeria.
Represented by Mr Cephalus Wari, the company’s Chief of Staff, Okwuosa, highlighted Oilserv’s over 30 years of experience in the oil and gas sector.
He emphasised the company’s reputation as a major driver of oil and gas-based construction and engineering projects in Nigeria, with continuous expansion across the country.
He explained that Oilserv’s successful execution of complex, high-standard engineering contracts within Nigeria and other African countries positions it as a strong competitor on the continent.
“The company has over the years leveraged partnerships with Afreximbank for transformative growth, which has enhanced both our skills and capacity,” he stated.
“We have managed several large-scale turnkey projects and are currently leading Africa’s largest gas project.
” Our expertise extends to developing flow stations and facilitating services and product delivery through collaborations with Nigerian entities such as NNPC,” he added.
Oilserv has also expanded its operations to countries including Benin, Ghana, Senegal, and other Pan-African economies.
“As a key provider of oil and gas sector infrastructure, we are equipped to deliver quality services and timely project completion for oil companies,” Okwuosa noted.
He further revealed that Oilserv was now focused on extending its services beyond Nigeria, having firmly established itself in the Nigerian market and ready to support other African countries.
“All oil companies need our infrastructure to advance their projects, and we are prepared to provide comprehensive facilities to our clients,” he said.
Okwuosa acknowledged that financing remained a significant challenge for projects, noting that local banks often lacked the capacity to support large-scale investments, thus turning frequently to multilateral institutions like Afreximbank.
“As an intra-African construction company, we initiated Nigeria’s ambitious Ajaokuta–Kaduna–Kano (AKK) pipeline project in 2014 and have continued to make excellent progress despite some unforeseen natural challenges that are now under control”.
He highlighted ongoing issues such as financing difficulties, insecurity, the ease of doing business, and foreign exchange instability, all of which conflicted with the goal of a stable African economy.
“Thanks to our collaboration with Afreximbank, we have secured critical financing that has allowed us to participate in infrastructure development across multiple African economies,” Okwuosa said.
He added that visa logistics and travel challenges also affected project timelines and efficiency, emphasising the need for uniform policies across African countries.
“Streamlining these processes would save valuable time and resources,” he said.(NAN)(www.nannews.ng)
Edited by Vivian Ihechu
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