Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company and the African Export–Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) for the provision of a $600 million syndicated reserve based lending facility. The multi million US...
Africa’s Liquified Natural Gas took the centre of discussion at African Energy Week holdin in Cape Town South Africa. Opened by a keynote presentation by Karl Staubo, CEO of Golar LNG, a panel discussion entitledAfrica’s LNG Revolution: Solution for Africa and the World, held...
EOG Resources (EOG) has announced the election of William R. “Bill” Thomas to the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the role of Chairman of the Board, effective today, October 4, 2022.
Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf. The contract value for the firm period, including mobilization revenue, is approximately USD 236 million.
The following is an update to the third quarter 2022 outlook. Impacts presented may vary from the actual third quarter 2022 results and are subject to finalisation of those results, which will be published on October 27, 2022. Unless otherwise indicated, all outlook statements...
Shell plc announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023*, when he will also join Shell’s Board of Directors....
Chevron New Energies International Pte, Ltd.(Chevron), andMitsui Oil Exploration Co., Ltd(MOECO) today announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation inJapan.
Building onChevronand MOECO’s long-standing relationship, the new collaboration will study geothermal resource...
Decklar Resources Inc.has announced the appointment of Mr. Oluwasanmi Famuyide to the role of Chief Executive Officer (CEO) of the Company. Mr. Duncan Blount has stepped down as CEO but will remain on Decklar’s Board of Directors as an independent non-executive director.
Chevron one of the world’s leading integrated energy companies has said in its media release that the Board of Directors of Chevron Corporation has declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable September 12, 2022, to all holders...
Shell plc has made the following statement after the Dutch Public Prosecutor’s office announced it had dismissed its investigation into bribery allegations related to Oil Prospecting Licence (OPL) 245 in Nigeria.
https://bit.ly/3P1XbvW
“We welcome today’s decision, which marks an end to the criminal investigation in The...
San Leon, the independent oil and gas Production, Development and Exploration Company focused on Nigeria announces that,further to the Company’s AIM Admission Document published on 8 July 2022 (the “Admission Document”), the documents in respect of the New ELI Investment have now been signed...
Touchstone Exploration Inc. said it has slated plan forthe Company submission of a notice to residents in the community that the Coho gas facility and pipeline will commence pre-commissioning and commissioning operations. Pursuant to the Coho Certification of Environmental Clearance, residential notification is required...
Eco (Atlantic) Oil & Gas Ltdthe oil and gas exploration company focused on the offshore Atlantic Margins,has announced its results for the three months ended30 June 2022.In addition, the Company is notifying the market of an investor event to be held on19 September 2022,...
VAALCO Energy has disclosed Michael Silver, its Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer intention to leave VAALCO in pursue of other interests. Mr. Silver will remain with the Company for a transitional period to facilitate consummation of the proposed...
Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional...
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