Oilserv partners Gabon to develop DEF-3 and D4-5 hydrocarbon blocks

Oilserv partners Gabon to develop DEF-3 and D4-5 hydrocarbon blocks

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247GistMan in Business & Making Money September 18, 2026, 7:59 am

Oilserv Limited has signed an agreement with Gabon’s Ministry of Petroleum and Gas to develop and commercialise hydrocarbon reserves in the DEF-3 and D4-5 blocks offshore Gabon. The deal, signed by Minister Clotaire Kondja and Oilserv Chairman Engr. Dr. Emeka Okwuosa, also covers gas transportation, compression and treatment infrastructure to support power generation and industrial activities in Gabon.

The agreement marks another step in the international expansion of Nigerian energy companies, following similar moves by Dangote Group’s planned $17 billion refinery in Lamu, Kenya, and Marginal Energy Limited’s $225 million offshore oil exploration pact with Sierra Leone signed in April 2026. For Nigeria, such deals signal growing revenue streams abroad, technology transfer, and potential contracts for local engineers, fabricators and service firms operating in the oil and gas value chain.

While financial terms of the Oilserv‑Gabon accord were not disclosed, the framework sets the stage for joint development of the two blocks, with infrastructure expected to feed thermal power plants and factories in Gabon. Industry observers note that successful execution could open further opportunities for Nigerian firms across Central and West Africa.

What does this mean for Nigerian professionals and businesses? Should you consider upskilling for Gabon‑based projects, seek partnerships with Oilserv, or monitor how this deal shapes regional energy markets and future contract flows?


SOURCE: https://nairametrics.com/2026/09/18/gabon-signs-agreement-with-nigerias-oilserv-to-develop-two-hydrocarbon-blocks/


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