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Company News

Panoro Energy Repositions African Operations, Appoints Three New Country’s Heads

Panoro Energy a Norwegian exploration and production oil company has just made changes at the head of its three African subsidiaries. Particularly in Gabon, Tunisia and Equatorial Guinea. Thus the Gabonese Ghislain Boukoubi was appointed general manager of the Gabonese subsidiary. While Sofiane Gaied takes over the management of the Tunisian subsidiary, and Antonino Edjang Ondo that of […]

Oilfield Africa - Thursday June 23, 2022
We’ve Invested Double What We’ve Earned Over The Past Five Years — ExxonMobil

We have been in regular contact with the administration to update the President and his staff on how ExxonMobil has been investing more than any other company to develop U.S. oil and gas supplies. This includes investments in the U.S. of more than $50 billion over the past five years, resulting in an almost 50% […]

Oilfield Africa - Monday June 20, 2022
Chevron Effects Major Board Change

Chevron Corporation  has announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns and lower carbon. Effective October 1, 2022, the company will consolidate its Upstream, Midstream and Downstream business segments under a new executive vice president, Oil, Products & Gas, who […]

Oilfield Africa - Tuesday May 31, 2022
Panoro Energy Appoints New Executive Director

 Panoro Energy ASA has announced the appointment of Ms. Grace Reksten Skaugen to its Board of Directors, effective immediately. Ms. Skaugen has extensive experience working with a broad range of companies within the energy and global financial industries. Ms. Skaugen is a board member and co-founder of the Norwegian Institute of Directors and holds several board […]

Oilfield Africa - Saturday May 28, 2022
Eni Boss Receives Atlantic Council Global Energy Sector Award

Eni CEO Claudio Descalzi received the 2022 Distinguished Business Leadership Award from the Atlantic Council yesterday. This prestigious honour was awarded for the “extraordinary role” he has assumed in the energy sector at an international level, for the technological transformation of the company aimed at complete decarbonisation by 2050 and for his contribution to the new challenge of […]

Oilfield Africa - Friday May 27, 2022
Vianode, An Elkem Company To Boost European Battery Value Chain

The Ministers of Foreign Affairs of Germany and Norway, Annalena Baerbock and Anniken Huitfeldt, have visited sustainable battery materials producer Vianode, an Elkem company, in Kristiansand, Norway. European battery value chain with unique performance characteristics and produced with significantly lower CO2 emissions than today’s standard materials – supporting the ambitions of leading battery cell and […]

Oilfield Africa - Thursday May 26, 2022
ExxonMobil Reiterates Commitment To Grow Shareholder Value

ExxonMobil has reiterated its firm plans to grow shareholder value by delivering solutions that help meet the global need for energy and for lower greenhouse gas emissions to address climate change. Darren Woods, chairman and chief executive officer, outlined how the company’s strategy leverages its capabilities and competitive advantages at the annual meeting of shareholders. […]

Oilfield Africa - Thursday May 26, 2022
SBM Offshore Gives Fleet Project and Operational Update

In its recent 2022 first quarter press release, SBM Offshore stated that the Construction activities for the Company’s major projects continue to be impacted by the effects of the pandemic and in particular response measures in China. The current conflict between Russia and Ukraine is also adding pressure on price inflation and the global supply chain. The […]

Oilfield Africa - Tuesday May 17, 2022
Eni Rovuma Basin Equips Mozambican National Health Institute

Eni Rovuma Basin has delivered medical and laboratory equipment to Mozambican National Health Institute in order to support this institution to increasing their technical capabilities for the identification and prevention of infectious diseases, including SARS-Cov-2. This donation is part of the partnership that Eni has been developing with the Ministry of Health since 2013, which […]

Oilfield Africa - Monday May 16, 2022
TGS Announces Q1 2022 Results

TGS has reported interim financial results for Q1 2022. Total revenue amounted to USD 132 million in Q1 2022 versus USD 142 million in Q1 2021. EBITDA was USD 101 million, and the operating result was USD 34 million, compared to USD 119 million and USD 25 million, respectively, in Q1 2021. Percentage-of-completion (PoC) revenue […]

Oilfield Africa - Friday May 13, 2022

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