Proserv has won a multi-million dollar subsea contract for BP’s PSVM oilfield located in Block 31 in Angola, which is likely to increase demand for its sampling system innovations
Technology
PEM Offshore to launch new training centre in Nigeria
PEM Offshore has signed a multi-million dollar contract with Kongsberg Maritime for the supply of a full suite of offshore anchor handling, dynamic positioning (DP), power management and crane simulation systems
Kenya to ‘start oil production in six to seven years’
The International Monetary Fund (IMF) has announced that Kenya is likely to start producing oil in six to seven years’ time
INOVA Geophysical appoints regional sales executives for the Middle East and Africa
INOVA Geophysical has appointed two new regional sales executives for the Middle East and Africa regions
BP Angola project shoots US$4 billion over budget
A BP oil development project off the coast of Angola has overshot its budget by US$4bn after being delayed by more than a year