Oil and gas service companies operating out of the UK, and in particular Aberdeen, have not been slow to recognise the huge potential in the emerging African offshore hydrocarbon sector.
Fledgling oil and gas independent Parkmead Group is buying fellow Aberdeen company DEO Petroleum in a deal worth about £12.7million.
Aberdeen firm Trac Oil and Gas said yesterday its plans for growth at home and abroad were ahead of schedule.
The Aberdeen office of AGR Petroleum Services (AGR) said yesterday it had won an £875,000 contract to evaluate oil and gas reserves on behalf of Pakistan's national oil company.
Venture Production said yesterday it was to acquire additional interests in the Cygnus, Kepler, Copernicus and Humphrey gas discoveries plus interests in three exploration blocks.
A large number of new UK and international jobs will be created this year as Petrofac's mature oil&gas assets (brownfield) business accelerates and internationalises.