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
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
The International Monetary Fund (IMF) has announced that Kenya is likely to start producing oil in six to seven years’ time
INOVA Geophysical has appointed two new regional sales executives for the Middle East and Africa regions
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
