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Company News

TotalEnergies Marks 100 Years of Transiting Global Energy

Paris, March 28, 2024 –TotalEnergies’ 100,000 employees in 120 countries worldwide are pleased and proud to celebrate the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day. A bold and visionary decision On March 28, 1924, Compagnie Française des Pétroles was founded in France, […]

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BG Technical LINALOG Magnetic Flux Leakage (MFL) Pipeline Intelligent Inspection Technology

B.G. Technical a Well and Pipeline Services Company with over twenty years experience in pipeline and process construction, inline inspection, wireline, wellhead facility protection, pigs manufacturing and production enhancement has continued to cast its innovative footprints on the shores of Nigeria oil and gas sector. With the recent acquisition of the LINALOG® Magnetic Flux Leakage (MF L) pipeline intelligent inspection […]

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IFC, Partners Support Indorama Nigeria with $1.25B to Boost Fertilizer Production

IFC has announced a $1.25 billion financing package alongside partners to Indorama Eleme Fertilizer and Chemicals Limited in Nigeria. The investment will allow Indorama to ramp up its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job creation in Nigeria. The […]

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Afentra Gives Operational Update on Africa Assets

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, provides the following update on its operations: Operational Update Production performance on both Block 3/05 and 3/05A has been strong year to date with combined gross average production of ~23,700 bopd (Net: ~6,995 bopd(1)) for the period to the […]

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Saudi Aramco Releases Full-Year 2023 Financial and Operational Results

2023 financial results, reporting a net income of $121.3 billion, its second-highest ever net income.  The results, underpinned by Aramco’s unique operational flexibility, reliability and low-cost production base, reflect the Company’s ongoing commitment to creating value for its shareholders. “In 2023 we achieved our second-highest ever net income. Our resilience and agility contributed to healthy […]

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Harbour Energy Full-year results for the year to 31 December 2023 Declared

Harbour Energy plc has announced its results for the year ended 31 December 2023. Harbour operational highlights Production of 186 kboepd (2022: 208 kboepd), split 52% natural gas/48% liquids and within guidance Operating costs of $16/boe (2022: $14/boe), in line with guidance Total recordable injury rate reduced to 0.7 per million hours worked (2022: 0.8) […]

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Tullow Declares 2023 Annual Operations and Financial Results

Tullow Oil, the independent oil and gas exploration and production group, announces its Full Year Results for the year ended 31 December 2023. Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented:“2023 was a year of significant achievements, including start-up of Jubilee South East that delivered material production growth from our core operated field, a […]

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AFRICA OIL REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Africa Oil Corp. has confirmed positive and successful operations and consolidated financial results for the three months and the year ended December 31, 2023, together with its 2024 Management Guidance.  The company in its end of fourth quarter release stated that ithassuccessfully met 2023 Management Guidance on production and cash flow from operations, declaring that the company […]

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Perenco Overhauls Management Board, Appoints New Group CEO

The Perenco Group has announced a change to its organisation with the appointment of Armel Simondin as the new CEO of Perenco SA, with effect from 15 March 2024. Armel has extensive experience in the oil & gas industry having spent the first part of his career with Total (now “Total Energies”) before joining Perenco […]

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ENI Releases Fourth Quarter, Full Year 2023 Results

Eni’s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2023.  “2023 was another year of excellent results for Eni in the face of an uncertain and volatile scenario. We delivered strongly on both financial and operational targets and we continued to […]

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