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 arrangement with TransGlobe Energy Corporation. The Company has launched an executive […]

ReconAfrica  has appointed Michelle Borthwick to the position of Corporate Secretary. Ms. Borthwick is a corporate finance and governance professional with over 25 years’ experience in senior corporate finance and governance roles providing advice and support to various Canadian public-listed issuers on the Toronto Stock Exchange, TSX Venture Exchange, Canadian Securities Exchange and OTCMarkets. She […]

(SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.

Seadrill Limited announced today that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. (together, “ADES”) to sell the legal entities that own and operate seven jack-ups (the “Jack-up Sale”) in the Kingdom of Saudi Arabia. Upon completion of the Jack-up Sale, the AOD I, AOD II, AOD III, […]

Eco (Atlantic) Oil & Gas Ltd the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its results for the three months ended 30 June 2022. In addition, the Company is notifying the market of an investor event to be held on 19 September 2022, details of which can be seen below.  This announcement followed […]

The Saudi Arabian Oil Company  has announced its financial results for the second quarter of 2022, posting a 90% year-on-year (YoY) increase in net income and declaring a dividend of $18.8 billion to be paid in the third quarter. The results set a new quarterly earnings record for the Company since its Initial Public Offering […]

Devon Energy has entered into a definitive purchase agreement to acquire Validus Energy, an Eagle Ford operator, for total cash consideration of $1.8 billion. The transaction is subject to customary terms and conditions and is expected to close at the end of the third quarter of 2022, with an effective date of June 1, 2022. […]

Kosmos Energy has announced   its financial and operating results for the second quarter of 2022. For the quarter, the Company generated a net income of $117 million, or $0.25 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $132 million, or $0.28 […]

Touchstone Exploration Inc.  said it has slated plan for the 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 to be made a minimum of five business days prior […]

Chevron Corporation  has announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from that position effective February 28, 2023, and is expected to retire from the company in April 2023, after 35 years of service. Knowles will lead Chevron’s accounting policy and external reporting, financial […]