Subsea Cable Assets (SCA) has expanded its offshore equipment offering with the launch of a cable carousel rental service, backed by a multi-million-dollar investment in two new systems. The initial rental fleet will include 4,000- and 6,000-ton capacity carousels designed for the storage, loading and handling of subsea cables, flexibles and umbilicals. SCA has already secured a […]
PricewaterhouseCoopers (PwC) has called on South African investors, banks, and policymakers to take direct stakes in Nigeria’s upstream oil sector to guarantee crude supply for their domestic refineries, adopting the same playbook European and American majors used to build energy security for their countries.
Italy’s Eni and the United Kingdom’s BP have confirmed a fresh 500 million-barrel oil discovery offshore Angola, reinforcing the Southern African nation’s efforts to strengthen crude production amid sustained output pressure and shifting global energy flows.