****executive summary****
for sale: 
a fully operational, wholly indigenous oil & gas service company with established licenses, accreditations and turnkey facilities in port harcourt. 
asking price: $12.5 million.
the business, established in 2000, offers a rare opportunity to acquire a vertically integrated service provider with blue‑chip clients, multi‑year contracts, specialist accreditations and substantial onshore assets including an industrial yard and a premium guest‑house.
company profile
	-	business type: oil & gas service company (outright sale)
	-	year established: 2000
	-	ownership: wholly indigenous
	-	asking price: $12,500,000
	-	primary locations: operational yard within port harcourt city; guest house asset within port harcourt
key assets & facilities
operational yard (approx. 7 plots)
	-	maintenance warehouse and fabrication workshop configured for heavy duty fabrication and repair.
	-	sandblasting and painting cubicle for surface treatment and corrosion protection.
	-	line of office blocks for operations, admin, project management and client interface.
	-	storage containers and secure laydown areas for equipment and spares.
	-	mobile and fixed security offices ensuring 24/7 site security and controlled access.
	-	heavy plant & equipment: grove (or equivalent) crane, forklift, and a comprehensive range of inspection and ndt tools and test equipment.
guest house (approx. 6 plots)
	-	multi‑storey building with roof terrace.
	-	mixed accommodation: 2‑bedroom and 3‑bedroom flats, serviced rooms suitable for expatriates or staff.
	-	onsite amenities: swimming pool, bars and offices 
--- ready for immediate revenue generation or staff/visitor housing.
core services & capabilities
	-	non destructive testing (ndt) --- full suite of methodologies for pipelines, vessels and structural components.
	-	calibration, instrumentation & pressure testing --- certified calibration and pressure test services.
	-	lifting equipment inspection & certification --- inspection, certification and maintenance for offshore/onshore lifting gear.
	-	construction welding & fabrication --- bespoke fabrication for structural, piping and support equipment.
	-	engineering & maintenance services --- planned and corrective maintenance for oil & gas plant and facilities.
	-	marine vessel surveys / hull thickness gauging --- inshore marine inspection capability.
	-	manpower supply, recruitment & training --- supply of trained technical personnel, plus training capability.
	-	agency & technical partnerships --- exclusive agency arrangements for specialised marine life‑saving equipment and davits.
accreditations, affiliations & partners
	-	department of petroleum resources (dpr) accreditation
	-	nigerian petroleum exchange (nipex) membership
	-	lifting equipment engineering association (leea) certification
	-	british standards institution (bsi) certification
	-	acebi partnership/agency (french specialist in life/rescue boats, davits and marine deck equipment)
	-	technical support services and other international technical partners
key clients (representative)
	-	total e&p
	-	shell petroleum
	-	exxonmobil
	-	aveon
	-	spie
        -       total energie
	-	nigerian national petroleum corporation (nnpc)
current contracts & revenue streams (running contracts)
	-	annual 5‑year inspection, maintenance and recertification of lifeboats for total.
	-	frame agreement for local technical assistance services with total.
	-	frame agreement for foreign technical personnel services.
	-	acebi sole agency contract for lifeboats for total and exxonmobil.
	-	multiple call‑off contracts in place with principal clients --- providing recurring revenue and pipeline work.
operational strengths & competitive advantages
	-	long operational history (since 2000) with established procedures, hse culture and operational track record.
	-	blue‑chip client base and standing frame agreements that demonstrate trust and repeat business.
	-	accredited certifications (leea, bsi, dpr, nipex) that position the company to compete for major contracts.
	-	strategic port harcourt yard location with integrated fabrication, maintenance and inspection facilities.
	-	vertical capabilities from inspection through fabrication and commissioning, enabling bundled service offerings.
	-	exclusive technical agency (acebi) providing competitive product and service differentiator for lifeboats/davits and marine equipment.
	-	existing tax rebate (in excess of ₦200 million) and other fiscal advantages to improve near‑term cash flow.
	-	institutional relationships and 23 years' engagement with local content authorities facilitating expansion and funding opportunities.
growth & value creation opportunities
	-	scale up maintenance & inspection capacity to capture additional frame agreements across operators.
	-	expand rental/asset hire and specialised inspection services (e.g., phased expansion of ndt fleet).
	-	leverage guest house asset for corporate accommodation and higher yield hospitality use for contractors/expatriates.
	-	introduce turnkey project delivery packages (design, fabricate, install) to increase margins.
	-	pursue regional expansion to other gulf of guinea hubs and onshore terminals.
	-	monetise agency relationships by expanding equipment sales, spares and after‑sales contracts.
financial / commercial highlights (as provided)
	-	asking price: $12.5m (outright sale)
	-	noted tax rebate: in excess of ₦200 million (to be verified during due diligence)
	-	established cash flows and ongoing contractual income from running contracts and frame agreements
transaction & next steps
	-	sale type: outright sale of company and operating assets.
	-	documentation available: licenses, accreditations, running contracts, asset register, payroll, tax records and title documents --- available upon formal request.
	-	confidentiality: detailed information and financials available subject to nda.
	-	due diligence: prospective buyers invited to carry out operational, legal, financial and technical due diligence.
	-	preferred buyer profile: strategic industry buyer, private equity with energy services focus, or consortium seeking a turnkey service platform in nigeria.
why this is a rare opportunity
	-	established, fully operational business with specialist accreditations and agency agreements.
	-	strong client portfolio and multiple frame agreements that provide a predictable revenue base.
	-	strategic on‑site assets and guest accommodation that support immediate operations and growth.
	-	compelling entry price relative to cost/time to build equivalent capabilities and client relationships from scratch.
contact
for further information, nda execution and to request the data room or site visit, please contact us.
note: all figures and statements are subject to verification during formal due diligence.
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viewings are by appointments only
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