Marine Platforms
Marine Platforms is a 100% Nigerian-owned subsea services company that delivers integrated offshore solutions — SURF installation, IRM, well intervention, ROV operations, and vessel chartering — to international oil companies and independent operators in Nigeria and West Africa.
- Company typePrivate
- Founded2001
- HeadquartersLagos, Nigeria
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Marine Platforms does
Marine Platforms is an indigenous Nigerian oil and gas services company, founded in 2001 and headquartered in Lagos, that provides integrated subsea solutions to international oil companies (IOCs) and independent operators across Nigeria and the Gulf of Guinea. Core service lines are organized into four capabilities — Brownfield Development, Subsea Solutions, Well Services, and Vessel Chartering — spanning subsea construction and installation (SURF), inspection/repair/maintenance (IRM), well intervention (acid injection, wellbore cleanout, plug and abandonment), ROV support, survey, project management, and engineering services. The company serves a concentrated set of enterprise IOC clients, including Chevron Nigeria, SNEPCo (Shell), TotalEnergies, ExxonMobil, NAE, Afren, and First E&P, with several life-of-field relationships extending more than a decade.
The technology stack is anchored by an owned/co-owned fleet of five offshore vessels — African Concept, African Vision, African Inspiration, African Pioneer (DP3 DSV with 400-ton AHC crane and 24-man saturation diving spread rated to 300m), and a 51% stake in the African Huan Qiu 1200 DP2 pipelay/heavy-lift construction vessel (1,200Te crane, 800Te A&R, S-Lay) — together with 13 work-class ROVs from the Triton XLX series designed by Forum Subsea's Perry Slingsby Technologies, one subsea trencher, and integrated diving spreads. Engineering and project support are delivered from offices in Lagos (HQ), Port Harcourt (operations base), and Aberdeen, UK. The company maintains ISO 9001 (SON and DNV GL), ISO 14001, and ISO 45001 certifications and operates under Nigerian-flagged, 100% Nigerian-owned status aligned with the Nigerian Oil and Gas Industry Content Development Act.
Marine Platforms earns revenue primarily through long-term life-of-field service contracts and project-based engagements with IOCs, with pricing determined per project (scope, vessel day rates, ROV personnel, technical complexity) on multi-year contracts. Distribution is exclusively direct enterprise sales — competitive tendering, technical pre-qualification, and relationship-based contracting — with no channel intermediaries. The founding CEO, Taofik Adegbite, has led the company since 2001 alongside a long-tenured executive team. The company is privately held, 100% Nigerian-owned, with no disclosed external institutional investors, funding rounds, or public financial reporting.
Marine Platforms firmographics
Firmographics- Name
- Marine Platforms
- Legal name
- Marine Platforms Limited
- Website
- https://marineplatforms.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Marine Platforms is a 100% Nigerian-owned subsea services company that delivers integrated offshore solutions — SURF installation, IRM, well intervention, ROV operations, and vessel chartering — to international oil companies and independent operators in Nigeria and West Africa.
- Ownership category
- akta.pro rank
Marine Platforms industry classification
Industry- Product category
- Offshore Oilfield Services
- NAICS
- Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)
- SIC
- Oil & Gas Field Services, Nec (1389), Water Transportation (4400)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
- akta.pro secondary industry
- Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
Keywords
Where Marine Platforms is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices3 records
Markets served
Marine Platforms business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Subsea Construction and IRM Services: Project-based revenue from subsea construction, installation, inspection, repair and maintenance (IRM) operations for oil and gas fields. Revenue is earned through fixed-price contracts, day rates, and milestone-based billing for complex deepwater projects.
- Vessel Chartering: Revenue from chartering owned vessels (African Concept, African Vision, African Pioneer, African Huan Qiu 1200) and chartered third-party vessels for offshore operations including construction, IRM, and support services.
- Well Services: Revenue from wellbore cleanout operations, well intervention campaigns, acid injection, and rigless drilling services performed in partnership with technical specialists.
- ROV Support Services: Revenue from providing ROV systems and qualified personnel for drilling support, survey, and subsea intervention operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based contract pricing for subsea services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Marine Platforms product offering
Product offeringCore offering
Marine Platforms is an indigenous Nigerian oil and gas service company providing integrated subsea solutions across the offshore production cycle. The company delivers subsea construction and installation, inspection repair and maintenance (IRM), ROV support, well intervention, vessel chartering, survey/geophysical, and project management services to international oil companies in Nigeria and West Africa. The portfolio is organized around four core capabilities: Brownfield Development, Subsea Solutions, Well Services, and Vessel Chartering, supported by owned vessels and a fleet of work-class ROVs.
Product overview
Marine Platforms is an indigenous Nigerian oil and gas service company providing integrated subsea solutions across the offshore production cycle. The company operates a fleet of vessels (African Pioneer, African Huan Qiu 1200, African Concept, African Vision) and work-class ROVs (Triton XLX series from Forum Subsea) to deliver services spanning subsea construction and installation, inspection repair and maintenance (IRM), ROV support services, well intervention, vessel chartering, survey and geophysical surveys, project management, and engineering services. The portfolio is organized around four core capabilities: Brownfield Development, Subsea Solutions, Well Services, and Vessel Chartering, serving major international oil companies including Chevron, TotalEnergies, SNEPCo, and First E&P across the Gulf of Guinea.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Increased Madu field production by 20,000 barrels per day through First E&P project execution
- +4 more outcomes
Companies that use Marine Platforms
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Marine Platforms technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Marine Platforms partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- DS Global (Tianjin, China)coreJoint ownership agreement (51% Marine Platforms, 49% DS Global) for African Huan Qiu 1200 pipelay and construction vessel. Marine Platforms focuses on Western Hemisphere projects, DS Global on Far East, joint execution for Middle East projects. Vessel equipped with 1,200Te crane, 800Te A&R system, S-Lay capabilities, 264 personnel accommodation.
- ClarksonsminorBrokered the acquisition of 51% stake in Huan Qiu 1200 pipelay vessel.
- HFW (Holman Fenwick Willan)minorLegal advisory provided to Marine Platforms for the Huan Qiu 1200 vessel acquisition.
- Mermaid Subsea Services Limited (MSSL)corePartnership for saturation diving operations on African Pioneer vessel. Mermaid provides 24-man twin bell saturation diving spread rated to 300 meters for deepwater intervention and subsea construction projects on Chevron Agbami field.
- ESSO Exploration and Production Nigeria LimitedcoreFarm-Out Assignment Agreement between ESSO, SNEPCo, and Marine Platforms for subsea hydraulic leak investigation and intervention campaign on ERHA Field. Marine Platforms deployed ROV systems for inspection across 5 subsea locations in water depths exceeding 1,000 meters.
- Baker HughescoreCollaboration on Light Well Intervention project for SNEPCo at Bonga field. Baker Hughes provided advanced rigless intervention tools while Marine Platforms deployed ROV systems and vessel (African Inspiration). Joint HSE planning and equipment integration testing.
- Well-Flow InternationalminorInitial partnership for provision of wellbore cleanout tools and chemicals. Marine Platforms deployed mechanical tools and pumping chemicals for wellbore debris removal operations across multiple fields.
Scale indicators12 records
Recent moves8 records
Expansion highlights5 records
Marine Platforms competitors and assessment
Company assessmentRegional players
- Vallianz Holdings: Singapore-based offshore support vessel operator focused on the Middle East and Southeast Asia with growing subsea capabilities. Comparable to Marine Platforms in OSV chartering and emerging subsea services, though concentrated in Asian/Middle Eastern markets.
Broad incumbents
- Saipem: Italian-headquartered oilfield services and engineering company with offshore EPCI capabilities, pipelay vessels, and subsea operations globally, including a meaningful presence in West African offshore projects. Comparable on EPIC/SURF scope and pipelay/heavy-lift vessel operations.
- Havfram (formerly Deep Ocean): Norwegian offshore subsea services company (formerly Deep Ocean Group) specializing in IMR, SURF, and subsea installation with a multi-vessel fleet. Closely comparable to Marine Platforms' subsea IMR, ROV, and construction services across offshore basins.
- Bourbon (subsea services): French offshore vessel operator providing OSV and subsea services including IMR and ROV support globally. Comparable to Marine Platforms in vessel-based offshore service delivery, particularly on the OSV/DSV side of the business.
- Swire Pacific Offshore: Hong Kong-based offshore support vessel operator with a global fleet of OSVs and subsea vessels. Comparable to Marine Platforms in vessel-based subsea and offshore support services, though operating primarily in Asia-Pacific and Australia.
- TechnipFMC: Integrated subsea engineering and services provider with deep West African IOC relationships. Comparable to Marine Platforms on subsea construction and well intervention, but with much larger global footprint and integrated SURF/Subsea 2.0 offering.
- Tidewater: World's largest OSV operator with a global fleet of offshore support vessels serving oil and gas operators. Comparable to Marine Platforms on the vessel chartering and offshore support service side, though primarily a platform/PSV operator without Marine Platforms' depth in subsea construction.
- DOF Subsea: Norwegian-headquartered subsea services provider offering IMR, SURF, and ROV operations worldwide with a multi-vessel fleet. Closely comparable to Marine Platforms' integrated subsea IRM and ROV support services across offshore basins.
- Subsea 7: Global subsea engineering, construction, and services company with a large SURF and subsea installation vessel fleet. Directly comparable to Marine Platforms' subsea construction and IRM offering, but operates at significantly greater scale and geographic reach across West Africa including Nigeria.
Direct peers
- Mermaid Maritime: Subsea services and vessel operator based in Thailand with diving support vessels and ROV operations across Asia-Pacific and Middle East. Directly comparable to Marine Platforms in subsea IRM and DSV operations, though primarily focused on the Asian/Middle Eastern basins rather than West Africa.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Marine Platforms social profiles
Digital presenceMarine Platforms compliance and trust
Trust signalCompliance3 records
Marine Platforms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marine Platforms leadership team
Management profileNumber of profiles
Profiles4 records
Marine Platforms subsidiaries and ownership
Company hierarchySubsidiaries2 records
Marine Platforms funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marine Platforms M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marine Platforms
What does Marine Platforms do?
Marine Platforms is an indigenous Nigerian oil and gas service company providing integrated subsea solutions across the offshore production cycle. The company delivers subsea construction and installation, inspection repair and maintenance (IRM), ROV support, well intervention, vessel chartering, survey/geophysical, and project management services to international oil companies in Nigeria and West Africa. The portfolio is organized around four core capabilities: Brownfield Development, Subsea Solutions, Well Services, and Vessel Chartering, supported by owned vessels and a fleet of work-class ROVs.
Is Marine Platforms a public or private company?
Marine Platforms is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Marine Platforms founded?
Marine Platforms was founded in 2001. It employs 251 to 500 people.
Where is Marine Platforms based?
Marine Platforms is headquartered in Lagos, Nigeria, in the Africa region.
How does Marine Platforms make money?
Four revenue lines are on record. Subsea Construction and IRM Services are the primary driver. The others are vessel Chartering, well Services and ROV Support Services.
Who are Marine Platforms's main competitors?
Vallianz Holdings is listed as a regional player. Broad incumbents are Saipem, Havfram (formerly Deep Ocean), Bourbon (subsea services), Swire Pacific Offshore, TechnipFMC, Tidewater, DOF Subsea and Subsea 7. Mermaid Maritime is listed as a direct peer.
Does Marine Platforms have an API?
No public API is recorded for Marine Platforms.
What industry is Marine Platforms in?
Marine Platforms's product category is Offshore Oilfield Services. Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters), with a secondary code of TLADABAL, Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS). Its NAICS code is 4883 and its SIC code is 1389.