Petroleum Africa
Find us on: 
Tuesday, May 25, 2021
In its first quarter 2021 update and report, SeaBird Exploration Plc announced it will rebrand and reorganize into Green Energy Group and provided the following highlights:
Headlines Q1 2021
* Rebranding and reorganizing into Green Energy Group (SBX Plc, “The Company”)
to be proposed to the upcoming AGM
* Rebranding marks a change in strategy and commitment to the green energy
transition
* Green Energy Group relocates from Cyprus to Norway
* Offshore seismic business area maintains SeaBird Exploration name and
becomes subsidiary of Green Energy Group
* Completed listing of Green Minerals AS on Euronext Growth
* Signed LOI with a consortium led by OSI Industries (UK) Ltd for a HEDSMS
* First ever contract award in offshore wind
* Awarded OBN source contract for 90 days in the Eastern Hemisphere
* EBITDA negative $0.5 million on 33% utilization
* Market conditions improving
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
