Latest news with #energytechnology
Zawya
22-05-2025
- Business
- Zawya
Africa Energy Technology Conference Provides a Platform for Fostering Innovation
The African Energy Chamber (AEC) ( – representing the voice of the African energy sector – offers its full support and endorsement of the upcoming Africa Energy Technology (AET) conference, recognizing the role the event plays as a platform for fostering innovation and technology in Africa. Taking place May 27-29, 2025, in Accra, Ghana, the event unites government representatives, policymakers and energy technology leaders to discuss financing and technology opportunities in Africa. AET 2025 takes place under the theme: Innovate, Invest, Implement: Revolutionized Financing for Sustainable Energy Sector Growth in Africa, highlighting the need to scale-up spending across the continent. Key topics that will be explored include innovation in technology, attracting diverse investment through new financial mechanisms and ensuring effective implementation of energy projects. Striving to address Africa's most pressing energy challenges – including access to energy and financing – the event is expected to position the continent at the forefront of global energy discussions. Africa is at a critical juncture in its energy development as it strives to advance large-scale energy projects while reducing carbon emissions. With over 600 million people living without access to electricity and 900 million people living without access to clean cooking solutions, countries across the continent are advocating for greater investment across the energy value chain, with the aim of accelerating oil, gas and renewable energy projects. Concurrently, the continent has committed to reducing greenhouse gas emissions to mitigate climate change impacts, given that Africa faces the worst impacts of the climate crisis worldwide. It is within this juncture that the need to fast-track technology adoption and enhance innovation becomes clear. Africa's unique energy challenges can be addressed through the rapid roll-out of various energy sources, and progress is already being made to achieve this. Africa's biggest oil producers seek to increase oil production, with Angola planning to sustain output above one million barrels per day (bpd), Nigeria targeting 2.5 million bpd while Libya strives for 2 million bpd. In tandem, gas-rich nations across the continent aim to increase LNG output. The Republic of Congo targets 3 million tons per annum (mtpa) with the start of Congo LNG phase two in 2025; Mozambique is advancing its Rovuma Basin projects; while Senegal and Mauritania eye 5 mtpa at the Greater Tortue Ahmeyim project, following first production in 2024. Meanwhile, countries are advancing their clean energy portfolios, with projects in nuclear energy and green hydrogen taking shape. Upcoming green hydrogen projects include the 2,100 kilo-ton-per-annum (ktpa) ACME Group Sokhna project in Egypt (2030); the 1,200 ktpa Project Nour in Mauritania; the 900 ktpa AMAN project in Morocco, among others. In the nuclear sector, over 15 GW of operational capacity is targeted across the continent by 2035. South Africa is expanding production capacity, Egypt is developing its first facility – comprised of four reactors – while over 10 countries are looking at embracing nuclear technology. To make energy poverty history by 2030, the continent will need all of these energy sources. The AET 2025 conference steps into this picture to foster collaboration across the entire energy value chain in Africa. The event underscores the need for an integrated and diverse energy mix, with technology driving energy efficiency and sustainability. By leveraging innovation, the event emphasizes the value of groundbreaking technology and innovative investments. 'As the continent strives to unlock the full potential of its oil, gas and energy resources, greater technology deployment will be critical. AET is expected to not only revolutionize the African energy landscape by identifying key financing and technology opportunities, but to foster greater collaboration across the sector by bringing together key energy stakeholders,' stated NJ Ayuk, Executive Chairman of the AEC. Visit to register Distributed by APO Group on behalf of African Energy Chamber.
Globe and Mail
21-05-2025
- Business
- Globe and Mail
Westwater Resources Announces Investor Conference Call on May 27, 2025
Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, today announced its next investor conference call will be held on May 27, 2025, at 1:00 pm Eastern Time. Management plans to discuss progress at its Kellyton Graphite Plant, customer engagement and progress on the syndication of a secured debt financing. Live Conference Call 1-833-752-3988 (USA and Canada) 1-647-849-3183 (International) Conference ID: Westwater Resources, Inc Conference Call Webcast: Conference Call Replay 1-855-669-9658 (USA and Canada) 1-412-317-0088 (International) Access Code: 5266049 About Westwater Resources, Inc. Westwater Resources, Inc. (NYSE American: WWR), an energy technology company, is focused on developing battery-grade natural graphite. The Company's primary project is the Kellyton Graphite Plant that is under construction in east-central Alabama. In addition, the Company's Coosa Graphite Deposit is the largest and most advanced natural flake graphite deposit in the contiguous United States and located across 41,965 acres (~17,000 hectares) in Coosa County, Alabama. For more information, visit Cautionary Statement Regarding Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as 'progress' and other similar words. Forward looking statements include, among other things, statements concerning: the construction of the Kellyton Graphite Plant, the Coosa graphite deposit, and the costs, schedules, production and economic projections associated with both of them, plans regarding customer engagement, and progress on the syndication of the secured debt financing for the Kellyton Graphite Plant. The reader is cautioned not to put undue reliance on forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of the Company and discussed in Westwater's Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent securities filings.
National Post
06-05-2025
- Business
- National Post
SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery
Article content Article content HOUSTON — Global energy technology company SLB (NYSE: SLB) today launched Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. Article content Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act with confidence in response to dynamic production conditions — improving reservoir management over the life of the well and accessing reserves that conventional systems leave behind. Article content 'Electris completions take reservoir management to the next level — making it possible for operators to get more out of their assets with fewer requirements for costly well interventions,' said Paul Sims, president, Production Systems. 'With much of the 'easy' oil already produced, operators are encountering more and more complex reservoirs. Electris completions can help shift the production economics in these reservoirs — resulting in higher recovery factors that maximize return on investment from the asset.' Article content There have been more than 100 installations of Electris completions technologies across five countries. In Norway, Electris completions were deployed offshore to enhance oil production in an extended-reach well. The operator is using intelligence from the system to determine which zones are contributing to production to optimize oil output and minimize produced water. Controlling water production with Electris completions has decreased the energy needed to lift and then pump treated water back into the reservoir. Article content Today's announcement was made at the Offshore Technology Conference, which is taking place this week in Houston, Texas. Article content This press release contains 'forward-looking statements' within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as 'expect,' 'may,' 'can,' 'estimate,' 'intend,' 'anticipate,' 'will,' 'potential,' 'projected' and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Article content Contacts Article content Media Josh Byerly – SVP of Communications Moira Duff – Director of External Communications SLB Tel: +1 (713) 375-3407 media@ Article content Article content
Associated Press
06-05-2025
- Business
- Associated Press
SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery
HOUSTON--(BUSINESS WIRE)--May 6, 2025-- Global energy technology company SLB (NYSE: SLB) today launched Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. This press release features multimedia. View the full release here: Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act with confidence in response to dynamic production conditions — improving reservoir management over the life of the well and accessing reserves that conventional systems leave behind. 'Electris completions take reservoir management to the next level — making it possible for operators to get more out of their assets with fewer requirements for costly well interventions,' said Paul Sims, president, Production Systems. 'With much of the 'easy' oil already produced, operators are encountering more and more complex reservoirs. Electris completions can help shift the production economics in these reservoirs — resulting in higher recovery factors that maximize return on investment from the asset.' There have been more than 100 installations of Electris completions technologies across five countries. In Norway, Electris completions were deployed offshore to enhance oil production in an extended-reach well. The operator is using intelligence from the system to determine which zones are contributing to production to optimize oil output and minimize produced water. Controlling water production with Electris completions has decreased the energy needed to lift and then pump treated water back into the reservoir. Today's announcement was made at the Offshore Technology Conference, which is taking place this week in Houston, Texas. For more information about SLB's Electris electric completions technologies, visit . About SLB SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at . Cautionary Statement Regarding Forward-Looking Statements: This press release contains 'forward-looking statements' within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as 'expect,' 'may,' 'can,' 'estimate,' 'intend,' 'anticipate,' 'will,' 'potential,' 'projected' and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise. View source version on CONTACT: Media Josh Byerly – SVP of Communications Moira Duff – Director of External Communications SLB Tel: +1 (713) 375-3407 [email protected] James R. McDonald – SVP of Investor Relations & Industry Affairs Joy V. Domingo – Director of Investor Relations SLB Tel: +1 (713) 375-3535 [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: ENVIRONMENT TECHNOLOGY OTHER ENERGY OTHER TECHNOLOGY OIL/GAS SOFTWARE SUSTAINABILITY GREEN TECHNOLOGY ENERGY HARDWARE SOURCE: SLB Copyright Business Wire 2025. PUB: 05/06/2025 08:27 AM/DISC: 05/06/2025 08:26 AM
