VAALCO Energy, Inc. has reported African region operational results for the fourth quarter and full year of 2024 and year-end 2024 reserves. Egypt Vaalco focused on enhancing production in 2024 through a series of planned workovers, as well as through interventions using the OGS-10 rig. Two additional workover recompletions were completed in the fourth quarter […]

Energy and marine consultancy ABL has launched a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market, whilst also developing its offering to support Namibia’s energy transition.   Namibia is a significant player in African energy, with a focus on traditional oil & gas development, alongside plans to […]

In line with its ongoing transformation, Shell announces further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emission. “We have made significant progress in the last two years building stability with a track record of strong performance and active portfolio management, while simplifying our business,” […]

Shelf Drilling, Ltd. announced results for the fourth quarter and full year of 2024 ended December 31. The results highlights will be presented by audio conference call on March 3, 2025 at 6:00 pm Dubai time / 3:00 pm Oslo time. Fourth Quarter Results Adjusted revenues were $225.4 million in Q4 2024 compared to $264.7 […]

Chevron Corporation disclosed major senior management changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness. The company’s Oil, Products & Gas organization will be consolidated into two segments: Upstream and Downstream, Midstream & Chemicals. Mark Nelson will continue to lead […]

Technology group Wärtsilä has renewed its Operation & Maintenance (O&M) Agreement with Indian energy company Caparo Power Ltd (CPL). This marks the second extension of the original agreement, which was signed in 2010 after the commissioning of CPL power plant in Bawal, Haryana, India. The latest renewal was booked in Q4 2024 and will remain […]

Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities. Wael Sawan, Chief Executive Officer, said: “I am grateful to Huibert for his outstanding contributions to Shell, driving our […]

KBR has been awarded a contract to support sustainable production of energy resources in Saudi Arabia by contributing to the delivery of Saudi Aramco’s Master Expansion Program and increasing gas handling capacity at key regional locations. Under the contract, running through to 2028, KBR will support work to increase and maintain maximum sustainable capacity across […]

Aradel Holdings Plc has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited. Chappal is an energy company focusing on investments in deep value and brownfield upstream opportunities within Africa. On the 6th of December, 2024, Chappal announced the acquisition of Equinor Nigeria Energy Company Limited (ENEC), which holds a […]

ExxonMobil has announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president ExxonMobil Corporation, will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle […]