Tullow Oil plc is pleased to announce the appointment of Phuthuma Nhleko as an independent non-executive Director and Chairman-designate of Tullow. Phuthuma will join the Board as a non-executive Director on 25 October 2021 and will take over as Chairman of Tullow from Dorothy Thompson, CBE, following a suitable handover period and after Dorothy steps […]
The Board of Eni, chaired by Lucia Calvosa, has approved the launch of a process for an Initial Public Offering and listing of shares in Eni’s newly merged Gas&Power retail and renewables business. Eni has concluded that an IPO is the preferred route to crystallize the value of the business and plans to complete the […]
Africa Oil Corp. absolved additional two key staff members to its management team in a strategy to strengthen its operational position as a global player in deepwater oilfield expertise. Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio in Africa and Guyana The […]
Employers in the UK are becoming increasingly aware of the challenges of seeking to enforce double vaccination status for staff as they navigate their way through the pandemic and subsequent “pingdemic” which is causing widespread disruption. Currently, double vaccination status is only compulsory for employees who work in care homes (with effect from 11 November […]
Bp announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president, gas and low carbon energy, and member of bp’s leadership team. Until recently she was chief executive officer of RWE Renewables, one of the world’s leading renewables businesses. Anja-Isabel will join bp on March 1st 2022. Bernard Looney, bp chief executive, said: […]
LEKOIL the oil and gas exploration and production company with a focus on Nigeria and West Africa, has shown an Intention to enter into Convertible Facility Agreement (“CFA”), allowing the Company to draw down up to £200,000, primarily to fund legal costs for the protection of shareholder value as well as to cover some ongoing […]
BW Offshore an Oslo Stock Exchange listed company has said that it has settled the completion of the USD 1.150 billion project debt financing for the construction and operation of the FPSO for the Barossa gas field operated by Santos’ subsidiary Santos NA Barossa Pty Ltd on behalf of its joint venture partners. The combined […]
Maersk Drilling has been awarded a contract with Harbour Energy for the jack-up rig Mærsk Innovator to drill three subsea development wells in Block 28/9 on the UK Continental Shelf. The contract is expected to commence in December 2021. “We’re excited to secure this contract with Harbour Energy which will see Mærsk Innovator go back […]
Solstad Offshore has been awarded a contract with a key client for the CSV Normand Energy. The vessel will support subsea operations in West Africa. The contract will commence Q3 2021 and have a firm duration of 13 months. The Normand Energy is a large construction vessel equipped with a 250 tons active heave compensated […]
Valaris Limited said that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12. The contract is expected to commence in the first quarter of 2022 with an estimated duration of 285 days. The above contract is coming barely weeks of ARO Drilling’s contract with Aramco has been […]
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