Gabon has signed a strategic agreement with Nigerian energy infrastructure firm Oilserv Limited to develop and commercialize hydrocarbon reserves in two blocks in the country.
Under the Agreement Protocol, Oilserv will design, construct, and manage the gas processing, compression, and transportation infrastructure required to extract and deliver natural gas from offshore blocks DEF-3 and D4-5 to onshore hubs in Gabon.
Oilserv reported that the pact establishes a long‑term framework for developing and monetizing the hydrocarbon assets, with an emphasis on gas transportation, compression and treatment systems that can feed thermal power plants and industrial consumers.
The partnership is tied to a gas market in Gabon that industry sources project could reach about $2.12 billion by 2031. For Libreville, the deal aligns with efforts to convert natural gas resources into reliable electricity and industrial feedstock, reducing flaring and supporting value addition.
The Gabon deal adds to a wave of Nigerian energy companies pursuing projects in other African markets. In April 2026, Sierra Leone signed a $225 million offshore exploration and production agreement with Nigeria‑based Marginal Energy Limited to revive its upstream sector.
Further east, Dangote Group is advancing a $17 billion refinery in Lamu, Kenya, with construction expected to begin by the end of September 2026 and completion targeted within three years. Dangote has also offered East African governments a combined 30% stake in the Kenyan project, with Kenya expected to take 10% and Ethiopia and Rwanda expressing interest.