SIFAX Marine Targets Asset-Led Growth in Nigeria's Oil and Gas Market

SIFAX Marine, led by Executive Director Afolabi Olayinka, plans to achieve asset-led growth in 2026 by acquiring additional sea-going barges and offshore support vessels. This strategic move aims to increase operational capacity, deepen market reach, and secure higher-value contracts in Nigeria's offshore oil and gas sector.

By expanding its fleet and acquiring vessels with higher regulatory categorization, SIFAX Marine seeks to access more opportunities in the industry and improve its prequalification prospects with major operators.