Sepha Energies Ltd, a Nigerian oilfield services company, is expanding its rig fleet and doubling its workforce, betting that bigger equipment and a track record of delivery will help it capture a larger share of upstream work as the country pushes to hand more of its energy sector to local firms.
Sepha Energies Ltd., which rebranded from Noranova Resources a year ago, said it completed more than 30 upstream projects over the past 12 months and has another 10 in the pipeline, with services running across four active sites.
Staff numbers rose to 50 from 25 over the same period, Sandra Agho, managing director, said Monday at the Society of Petroleum Engineers’ Nigeria Annual International Conference and Exhibition in Lagos.
Agho said Sepha secured a 2,000-horsepower, 10,000-psi land rig contract that she described as a turning point for the business, unlocking financing and partnerships that followed.
Since then, the company has added a 460-horsepower workover unit and lined up access to a 3,000-horsepower, 15,000-psi swamp rig, one that ranks among the more powerful units available globally, which it says can be brought into Nigeria within three months.
