Latest news with #Maurel&Prom
Yahoo
27-05-2025
- Business
- Yahoo
Maurel & Prom: Report on the Combined Shareholders' Meeting of 27 May 2025
PARIS, May 27, 2025--(BUSINESS WIRE)--Regulatory News: Maurel & Prom (Paris:MAU): The Combined shareholders' meeting was held today under the chairmanship of Mr. Jaffee Suardin. Resolutions The Combined Shareholders' meeting approved all the resolutions put to the vote. The Combined Shareholders' Meeting approved notably the parent company and consolidated financial statements for the 2024 fiscal year. The General Shareholders' Meeting approved the payment of a dividend of €0.33 per share. The dividend will be paid out on 28 August 2025, the ex-dividend date is 26 August 2025 and the record date is 27 August 2025. Composition of the Board of Directors and its Committees The General Shareholders' meeting renewed Mr. Marc Blaizot, Mr Bagus Rahadiansyah et Mr Jaffee Suardin as Board of Directors of Maurel & Prom remains composed of 8 members, including 3 independent directors and 4 women, i.e. 50% of the members of the Board. All information on the composition of the Board of Directors and its Committees is available on the Company's website, under Governance: The Board of Directors meeting, hold at the end of the Meeting, renewed the mandate of Mr Olivier de Langavant as Chief Executive Officer for a new period of one financial year. For more information, please visit This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage. Maurel & Prom is listed on Euronext ParisSBF 120 – CAC Mid 60 – CAC Mid & Small – CAC All-Tradable – PEA-PME and SRD eligibleIsin FR0000051070 / Bloomberg / Reuters View source version on Contacts Maurel & Prom Shareholder relationsTel.: +33 (0)1 53 83 16 45ir@ NewCap Investor/media relationsTel.: +33 (0)1 44 71 98 53maureletprom@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Maurel & Prom: Report on the Combined Shareholders' Meeting of 27 May 2025
PARIS--(BUSINESS WIRE)--Regulatory News: Maurel & Prom (Paris:MAU): The Combined shareholders' meeting was held today under the chairmanship of Mr. Jaffee Suardin. Resolutions The Combined Shareholders' meeting approved all the resolutions put to the vote. The Combined Shareholders' Meeting approved notably the parent company and consolidated financial statements for the 2024 fiscal year. The General Shareholders' Meeting approved the payment of a dividend of €0.33 per share. The dividend will be paid out on 28 August 2025, the ex-dividend date is 26 August 2025 and the record date is 27 August 2025. Composition of the Board of Directors and its Committees The General Shareholders' meeting renewed Mr. Marc Blaizot, Mr Bagus Rahadiansyah et Mr Jaffee Suardin as directors. The Board of Directors of Maurel & Prom remains composed of 8 members, including 3 independent directors and 4 women, i.e. 50% of the members of the Board. All information on the composition of the Board of Directors and its Committees is available on the Company's website, under Governance: The Board of Directors meeting, hold at the end of the Meeting, renewed the mandate of Mr Olivier de Langavant as Chief Executive Officer for a new period of one financial year. For more information, please visit This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage. Maurel & Prom is listed on Euronext Paris SBF 120 – CAC Mid 60 – CAC Mid & Small – CAC All-Tradable – PEA-PME and SRD eligible Isin FR0000051070 / Bloomberg / Reuters
Yahoo
21-05-2025
- Business
- Yahoo
Maurel & Prom: Start of Construction of Quilemba Solar Photovoltaic Power Plant in Angola
PARIS, May 21, 2025--(BUSINESS WIRE)--Regulatory News: Maurel & Prom (Paris:MAU): The Angolan company Quilemba Solar Lda, a joint venture between TotalEnergies (51%), Sonangol (30%) and Maurel & Prom (19%), has begun construction work on the Quilemba photovoltaic power plant, located near Lubango in southern Angola. The Quilemba photovoltaic power plant, with an initial capacity of 35 MWp and the possibility of adding 45 MWp in a second phase, is scheduled to come on stream during the first half of 2026. The project will be the largest privately-owned photovoltaic power plant in Angola and will contribute to the decarbonization of the country's energy mix by supplying renewable electricity to nearly 40,000 homes. The groundbreaking ceremony took place on May 16, 2025 in Lubango, in the presence of the Vice-Governor of Huíla Province, the Secretary of State for Oil and Gas, the Secretary of State for Energy, the Chairman of the Board of Directors of the National Oil and Gas Agency, the French Ambassador to Angola, local traditional authorities and all partners. Olivier de Langavant, Chief Executive Officer of M&P, said:"We are very pleased to contribute to the realization of the Quilemba solar power plant, a project that is perfectly in line with our ambitions in terms of sustainable development. For M&P's first industrial solar project, we chose Angola - a strong signal of our commitment to supporting the Angolan state as a trusted partner over the long term." For more information, please visit This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage. Maurel & Prom is listed on Euronext ParisSBF 120 – CAC Mid 60 – CAC Mid & Small – CAC All-Tradable – PEA-PME and SRD eligibleIsin FR0000051070 / Bloomberg / Reuters View source version on Contacts Maurel & PromShareholder relationsTel.: +33 (0)1 53 83 16 45ir@ NewCapInvestor/media relationsTel.: +33 (0)1 44 71 98 53maureletprom@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Maurel & Prom: Start of Construction of Quilemba Solar Photovoltaic Power Plant in Angola
Maurel & Prom (Paris:MAU): The Angolan company Quilemba Solar Lda, a joint venture between TotalEnergies (51%), Sonangol (30%) and Maurel & Prom (19%), has begun construction work on the Quilemba photovoltaic power plant, located near Lubango in southern Angola. The Quilemba photovoltaic power plant, with an initial capacity of 35 MWp and the possibility of adding 45 MWp in a second phase, is scheduled to come on stream during the first half of 2026. The project will be the largest privately-owned photovoltaic power plant in Angola and will contribute to the decarbonization of the country's energy mix by supplying renewable electricity to nearly 40,000 homes. The groundbreaking ceremony took place on May 16, 2025 in Lubango, in the presence of the Vice-Governor of Huíla Province, the Secretary of State for Oil and Gas, the Secretary of State for Energy, the Chairman of the Board of Directors of the National Oil and Gas Agency, the French Ambassador to Angola, local traditional authorities and all partners. Olivier de Langavant, Chief Executive Officer of M&P, said: "We are very pleased to contribute to the realization of the Quilemba solar power plant, a project that is perfectly in line with our ambitions in terms of sustainable development. For M&P's first industrial solar project, we chose Angola - a strong signal of our commitment to supporting the Angolan state as a trusted partner over the long term." For more information, please visit This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage. Maurel & Prom is listed on Euronext Paris SBF 120 – CAC Mid 60 – CAC Mid & Small – CAC All-Tradable – PEA-PME and SRD eligible Isin FR0000051070 / Bloomberg / Reuters
Yahoo
01-05-2025
- Business
- Yahoo
Last Chevron-chartered vessel starts to return oil cargo in Venezuela, data and source say
HOUSTON (Reuters) -A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan port on Thursday, according to shipping data and a source. It would be the last tanker to return its cargo following state company PDVSA's order to return the crude amid payment uncertainty related to U.S. sanctions. The Marshall Islands-flagged vessel, Dubai Attraction, on Thursday entered a berth in Amuay terminal, Venezuela, to start discharging the cargo it originally intended to export, LSEG shipping data showed. Chevron and PDVSA did not immediately reply to requests for comment. Venezuela's Vice President Delcy Rodriguez, who is also the OPEC country's oil minister, has blamed the U.S. measures for the issue, saying they prevented Chevron from paying for the oil. Venezuela's oil exports fell almost 20% in April to 700,000 barrels per day, the lowest in nine months, due to the cargo cancellations. Chevron's exports of Venezuelan crude to the U.S. plummeted 69% to some 66,000 bpd due to PDVSA's measures. Some tankers Chevron had chartered to move crude from Venezuela to the U.S. were marketed for spot contracts elsewhere, sources said last week. This signaled that Chevron does not expect to load all the cargoes it typically ships from Venezuela even if it eventually finds a way to resolve the disagreement with PDVSA. In March, President Donald Trump's administration revoked a license issued in 2022 by the U.S. Treasury Department for Chevron to operate in Venezuela. The May deadline was granted to wind down operations and oil exports. The same deadline was granted to other partners of PDVSA, including Eni, Repsol, Maurel & Prom and Reliance Industries, to wind down oil cargoes bound for Europe and Asia. Tankers chartered by trading house Vitol were loading and discharging normally at Venezuelan ports, according to the data and documents, while vessels chartered by Reliance Industries for India delivery and Maurel & Prom for Europe departed on schedule last week, ahead of the May 27 deadline to wind down cargoes and operations.
