In order to align with the ever evolving and challenging oil and gas sector, leading Nigerian EPCIC (Pipeline and Facilities) company, Oilserv has commenced a restructuring of its entire business operations to enable it deliver more optimal and effective services in the Oil and Gas (Pipelines and Facility) sector, Vanguard reports.
Under the new restructuring programme, Oilserv merges all its subsidiaries including Frazimex Engineering Limited, FrazPower Limited, FrazOil Limited, Ekcel Farms Limited and Crown Energy Limited to form the Oilserv Group.
The Group Chief Executive Officer (GCEO), Engr. Emeka Okwuosa said the restructuring programme was necessitated by the need to re-position the company for superior quality and optimal service in the face of the evolving Oil and Gas sector.
“Oilserv is undergoing a restructuring programme to enable it provide more optimum service delivery in the EPC business in Nigeria. Now we have a team of extremely experienced professionals with proven technical ability to drive the Oilserv business operations,” he said.
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Source: Energy Mix Export
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