Maersk Drilling has sold the jack-up rig Maersk Guardian (now named Guardian) to New Fortress Energy, and the parties have further entered into an agreement about the sale of the jack-up rig Mærsk Gallant with anticipated closing in June 2021. The total sales price for the two rigs is USD 31m in all-cash transactions. The […]

Heirs Oil & Gas (HHOG), the leading African integrated energy company, has recently repositioned the company’s management team towards achieving a greater opportunities in the sector amid COVID 19 pandemic that is currently affecting the global economy in general. The company has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together […]

Elkem has successfully commissioned its industrial pilot for battery materials in Kristiansand, Norway, starting industrial scale pilot production for customers. As the next step towards large-scale production, Elkem is now establishing Vianode as a new company and brand dedicated to develop and produce sustainable and high quality active anode materials to meet the needs of […]

San Leon, the independent oil and gas production, development and Exploration Company focused on Nigeria, is pleased to announce that John Brown has joined the Board on 7 May 2021 as an independent Non-Executive Director.  Mr Brown has more than 20 years of international experience in oil and gas and related industries, including over nine years […]

On 19 January 2021 the FAR group executed a Sale and Purchase Agreement with Woodside in relation to the sale. As consideration for the sale (the “Transaction”), Woodside has agreed to pay FAR US$45 million and will reimburse FAR’s share of working capital for the RSSD Project from 1 January 2020 of US$82.02 million, totalling […]

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the resignations of Mr. Michael Ajukwu and Mr. Mark Simmonds as Non-Executive Directors. Mr. Ajukwu, who had assumed the position of Chairman of Board in January 2021, has decided to step down from this role and […]

Welltec® has been awarded an exclusive three-year contract by global energy and solutions company, Petronas.  The agreement – which officially commenced on April 1st – appoints Welltec as the sole provider of downhole conveyance and powered mechanical services in both East and West regions of Malaysia. “It’s a great team effort that has led to the award […]

Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa has announced the following Board change. George Maxwell, an independent non-executive director of the Company, has tended his resignation to focus on his new role as CEO of VAALCO Energy, Inc., Mr. Maxwell will be stepping down from his […]

Real-time digital twin pioneer Akselos, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success. Michiel enjoyed a 12-year career with Shell as a commercial technologist, most recently spending five years with the energy giant’s Venture Capital arm, leading the implementation of breakthrough tech across Shell’s global operations. He is well-versed in Akselos’ […]

Halliburton Company and Optime Subsea today announced they formed a global strategic alliance to apply Optime’s innovative Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime’s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled […]