Following five years in the UK, Jean-Luc Guiziou, Managing Director for TotalEnergies E&P UK and the Company’s UK Country Chair leaves to take up a new role as Senior Vice President for the Exploration and Production business across Europe for TotalEnergies. As such, he becomes part of the Exploration & Production Management Committee, based in […]

SBM Offshore has resumed production from the floating, production, storage and offloading (FPSO) vessel Cidade de Anchieta, working offshore Brazil, following a shutdown that occurred at the beginning of the year. Floating, Production, Storage and Offloading (FPSO) vessel Cidade de Anchieta went out of production as oil spillage was experienced along the vessel hull offshore Petrobas oilfield. SBM Offshore reported […]

ExxonMobil today announced successful startup of one of the largest advanced recycling facilities in North America. The facility at the company’s integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products. It is capable of processing more than 80 million pounds of […]

Niger Delta Exploration & Production (NDEP) an indigenous upstream and downstream company with operating interest in Nigeria energy sector has appointed Ms. Patricia Simon-Hart to the NDEP Board as an Independent Director. The appointment, effective from the 4th of November 2022, is in continuation of the Company’s ongoing, forward-looking preparations for the new challenges of […]

Chevron Corporation has reported earnings of $11.2 billion ($5.78 per share – diluted) for third quarter 2022, compared with $6.1 billion ($3.19 per share – diluted) in third quarter 2021. Included in the current quarter were pension settlement costs of $177 million. Foreign currency effects increased earnings by $624 million. Adjusted earnings of $10.8 billion […]

SDX Energy, the EMEA-focused energy company, today announced the appointment of Jay Bhattacherjee as Non-Executive Chairman of the Company with immediate effect.   Jay Bhattacherjee holds a B.Sc. in Chemical Engineering with Petroleum Engineering specialty and has over 20 years’ experience both operating and leading public and private companies in the energy and natural resources […]

Sahara Power Group has appointed Dr Kenechukwu Nwangwu as Chief Executive Officer at the Board of First Independent Power Ltd. (FIPL). First Independent Power Ltd. (FIPL), a subsidiary of subsidiary of Sahara Power Group a major power generating company in Nigeria operating four power plants across Nigeria energy sector. The four gas driven power plants acquired by […]

Baker Hughes (NASDAQ: BKR) has announced Nancy Buese as Chief Financial Officer (CFO) effective November 2, 2022. Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of global mining company Newmont Corporation from 2016 until earlier this year. “Nancy is a proven CFO and business leader, delivering impressive […]

The following is an update to the third quarter 2022 outlook. Impacts presented may vary from the actual third quarter 2022 results and are subject to finalisation of those results, which will be published on October 27, 2022. Unless otherwise indicated, all outlook statements exclude identified items. Integrated Gas Adjusted EBITDA Production is expected to […]

Africa Oil Corp announced the appointment of Mr. Craig Knight as Chief Operations Officer (“COO”) of the Company effective October 11, 2022, in replacement of Mr. Timothy Thomas who retired from the Company in 2021 and became a consultant to the Company.  Mr. Craig Knight joined Africa Oil in August 2021 and brings with him over 16 years of industry experience. He graduated from […]