InterMoor, an Acteon company, is finalising a joint venture agreement with Century Energy Services Ltd (Century) in Nigeria. This will be a locally registered company and fully compliant with the Nigerian Oil and Gas Industry Content Development Bill, 2010. For InterMoor, securing a joint venture with an experienced and established partner like Century will ensure an effective local engagement with the Nigerian oil and gas market.
InterMoor has been working in West Africa for 10 years with bases in Luanda and Malongo in Angola. The company also has extensive experience with rig moves and mooring campaigns in Angola and Equatorial Guinea.
Philipp Stratmann, InterMoor’s global development manager, said, “Nigeria is the largest oil producer in Africa. Expanding in Nigeria is a strategic move for us while we continue to focus on international growth and new ways to address our clients’ needs. The joint venture will ensure compliance with Nigerian local content laws and enable us to participate in the increasing number of offshore projects being conducted in the region.”