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The Newbury-headquartered Oil Plus Ltd, which also has an office in Aberdeen, has signed deals including a 12-month production chemistry agreement with a North Sea FPSO operator worth a seven-figure sum, a chemical testing project for Vedanta (Cairn India) in India, and a water injectivity study for SNEPCO, the operating arm of Shell in Nigeria

Many international oil and gas companies (IOCs) are holding on to vast unsanctioned reserves in sub-Saharan Africa, along with large numbers of discoveries with no semblance of associated development plans, according to GlobalData, a leading data and analytics company

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