Shell will today present to investors at its Capital Markets Day 2025 the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. ‘’We have made significant progress against all of the targets we set out at our Capital Markets […]

The management of Xenergi Limited has taken notice of media reports crediting a statement from Axxela Limited with allegations that directly infer that our company is involved in a land dispute between Axxela and our host communities in Delta State. Xenergi Limited categorically refutes any claims suggesting its involvement in land encroachment or community disruption. […]

KOIL Energy has been awarded a significant contract to supply Multi-Quick Connector (MQC) Plates for a project in the Gulf of America. This award encompasses equipment designed to control the high-pressure systems of a subsea field operated by a U.S. independent energy company. The MQC plates will play a critical role in the subsea infrastructure […]

VAALCO Energy, Inc. has reported African region operational results for the fourth quarter and full year of 2024 and year-end 2024 reserves. Egypt Vaalco focused on enhancing production in 2024 through a series of planned workovers, as well as through interventions using the OGS-10 rig. Two additional workover recompletions were completed in the fourth quarter […]

Energy and marine consultancy ABL has launched a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market, whilst also developing its offering to support Namibia’s energy transition.   Namibia is a significant player in African energy, with a focus on traditional oil & gas development, alongside plans to […]

In line with its ongoing transformation, Shell announces further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emission. “We have made significant progress in the last two years building stability with a track record of strong performance and active portfolio management, while simplifying our business,” […]

Shelf Drilling, Ltd. announced results for the fourth quarter and full year of 2024 ended December 31. The results highlights will be presented by audio conference call on March 3, 2025 at 6:00 pm Dubai time / 3:00 pm Oslo time. Fourth Quarter Results Adjusted revenues were $225.4 million in Q4 2024 compared to $264.7 […]

Chevron Corporation disclosed major senior management changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness. The company’s Oil, Products & Gas organization will be consolidated into two segments: Upstream and Downstream, Midstream & Chemicals. Mark Nelson will continue to lead […]

Technology group Wärtsilä has renewed its Operation & Maintenance (O&M) Agreement with Indian energy company Caparo Power Ltd (CPL). This marks the second extension of the original agreement, which was signed in 2010 after the commissioning of CPL power plant in Bawal, Haryana, India. The latest renewal was booked in Q4 2024 and will remain […]

Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities. Wael Sawan, Chief Executive Officer, said: “I am grateful to Huibert for his outstanding contributions to Shell, driving our […]