Subsea7 in profit surge
Strong activity off West Africa help Subsea7 benefit in the third quarter
Downstream
Purchase of 90 per cent interest in Belo Profond offshore Madagascar·
SAPETRO reaches agreement with Marex MC Inc to purchase 90 per cent participating interest in the Belo Profond Production Sharing Contract (PSC)
MSIS Group secures $480,000 contract in Ghana
INDUSTRIAL CLEANING AND environmental waste management specialist, the MSIS Group, has secured a US$480,000 contract with Ocean Rig in Ghana – the first with the drilling company
Majority of oil growth needs to come from North Africa and ME
$38tn needed to meet energy demand says IEA
Bowleven shares boosted by Cameroon find
Bowleven sold its shares on London’s Alternative Investments Market at 103 pence each, a 37 per cent premium on its price before the discovery in the Etinde permit was announced
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