The Board of Directors of Elkem ASA has announced that CEO Michael Koenig has handed in his resignation and will leave Elkem effective from 30 June 2021. Elkem will now initiate a succession process to recruit its next CEO. Helge Aasen will serve as interim CEO. “We thank Michael for serving Elkem in key leadership […]

Baker Hughes has announced that it has been awarded two flexible pipe  contracts by Petrobras in the second quarter of 2021. The first contract covers up to 96 kilometers of flexible pipe for the Sapinhoá and Tupi fields and the second contract covers up to 226 kilometers of flexible pipe for the Marlim 2 and Itapu fields. […]

Baker Hughes, a global energy technology company, and Samsung Engineering Co. Ltd, one of the world’s leading engineering, procurement, construction and project management companies, have announced a collaboration with regards to low to zero-carbon projects utilizing carbon capture, utilization and storage (CCUS) and hydrogen technologies.     As part of the collaboration, Baker Hughes and Samsung […]

Baker Hughes an energy technology company has announced an investment in Electrochaea, a growth stage company developing novel proprietary bio-methanation technology. Through its investment, Baker Hughes will enhance its broader carbon capture and utilization (CCU) portfolio and provide an integrated solution for customers across the carbon dioxide (CO2) value chain to enable the production of low carbon […]

Tullow Oil plc announces that Dorothy Thompson CBE, Non-Executive Chair, has decided to step down from Tullow’s Board. A search process to find a new Chair has been launched and is expected to conclude towards the end of the summer.  Dorothy will remain Chair of Tullow until the new Chair is appointed and an appropriate […]

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has terminated the employment contract of its CEO, Mr. Olalekan Akinyanmi, with immediate effect, due to a corporate governance breach.     The Company will commence a search for a new CEO and, in the interim […]

Exxon Mobil Corp. activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according to preliminary vote tallies, cementing a victory that has reverberated across the energy industry. The initial counts show the newest nominee from Engine No. 1’s slate elected to Exxon’s 12-member board is private-equity investor Alexander […]

Baker Hughes (NYSE:BKR) has announced it has deployed its industry-leading remote operations digital technology across Aramco’s drilling operations, encompassing 200+ sites, the largest deployment of its kind in Baker Hughes’ history. Building upon Aramco’s existing industry-leading data management infrastructure and capabilities, this project provides the company with a single solution that covers data aggregation from the […]

ExxonMobil said that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No. 1 nominees. Vote results for five nominees were too close to call.  “We welcome all of our new directors and look forward to working with them […]

Reconnaissance Energy Africa Ltd. provides a factual response to National Geographic’s false and defamatory article May 21, 2021, written by environmental activists. ReconAfrica’s Vital Operations in Namibia We are proud that the Namibian Government has selected ReconAfrica as one of over 30 national and international energy companies it trusts to explore the country’s natural resource potential […]