An indigenous oilfield services company, Sepha Energies, says it has executed more than 30 upstream oil and gas projects within one year.
The company also urged greater access to financing to accelerate local content development.
The Managing Director of Sepha Energies, Mrs Sandra Agho, disclosed this in a goodwill message at the 2026 Nigerian Annual International Conference and Exhibition.
The event was organised by the Society of Petroleum Engineers (SPE) in Lagos.
Agho said the company’s rapid growth demonstrated what Nigerian-owned firms could achieve when given opportunities to compete.
She recalled that Sepha Energies was introduced to stakeholders in 2025 shortly after its transition. She described it as one of the few women-owned and women-led oil and gas service companies in Nigeria.
“Last year, I stood here asking the industry to believe in Sepha. Today, I stand here thanking the industry for believing in us,” she said.
According to her, clients’ confidence in the company has translated into business expansion, job creation, investment and stronger indigenous technical capacity.
Agho disclosed that Sepha Energies completed more than 30 upstream projects in the past year.
She added that more than 10 additional projects are currently in the pipeline.
She said the company is simultaneously delivering more than five service lines across four operational locations.
The managing director revealed that the workforce doubled from 25 to 50 professionals since the transition.
She added that Sepha Energies remained continuously engaged in project execution every month during the period.
Agho identified the award of a 2,000-horsepower, 10,000 PSI land rig contract as a major turning point in the company’s growth.
She described the contract as a vote of confidence in the company’s competence and technical capability.
According to her, successful execution of the contract strengthened confidence among financial institutions.
This enabled the company to invest in strategic assets, including a 2,000-horsepower, 10,000 PSI land rig. The company also acquired a 460,000-pound, 10,000 PSI Dolly Walkover unit.
She added that Sepha Energies now has access to a leading 3,000-horsepower, 15,000 PSI swamp drilling rig.
According to her, the rig could be mobilised to Nigeria within three months with an experienced international operating crew.
Agho said the company’s achievements underscore the importance of creating opportunities for indigenous firms.
She noted that local companies could compete effectively when supported by industry stakeholders.
While expressing optimism about future growth, she stressed that indigenous capacity development requires adequate indigenous financing.
“We cannot build indigenous capacity without indigenous capital.
“If local content is to reach its full potential, indigenous service companies must have access to sustainable financing.
