Romania’s GSP setting up business in Nigeria

Romanian offshore service provider GSP Holding is eyeing expansion in Nigeria, Africa’s largest oil producer.

GSP said Wednesday it was in the process of entering the Nigerian oil & gas market, targeting projects worth over $500 million.

The company’s CEO said GSP was in advanced talks with with local partners.

“We are targeting pipeline and offshore construction projects that will start from Q1 2016. We have advanced negotiations with local offshore construction companies that will provide support for local content.” said Gabriel Comanescu, GSP Holding CEO & President of the Board.

Romania’s largest offshore drilling and services provider will set up a subsidiary in the oil rich Africa country. According to GSP, Nigeria’s energy sector is expected to attract $200 billion in investments over the next decade.

GSP, based in Constanta, Romania, operates eight offshore drilling rigs, twelve offshore support vessels, and three construction vessels.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply