Showing results for:

News

Guyana gov’t to plug US$121 million more into Gas-to-Energy project

OilNOW -
The Guyana government approached the Parliament on November 25 for more money to continue the development of the Gas-to-Energy project, a landmark energy expansion endeavor.  Senior Minister in the Office of the President with responsibility for Finance and the Public...
News

Jaguar FPSO to follow Liza Unity model – SBM Offshore CEO 

Shikema Dey -
SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO) will be executed with the same team and expertise that handled the Liza Unity FPSO.  “We inherently bring all the learnings...
News

Exxon’s Hammerhead project to feature first converted unit offshore Guyana since Liza Destiny

Shikema Dey -
Hammerhead, Guyana’s 7th Stabroek Block development will be utilizing a converted unit for its floating, production, storage and offloading vessel (FPSO). This is according to ExxonMobil Guyana President, Alistair Routledge.  Hammerhead would be the first project after Liza Phase 1...
News

Phase 2 of Gas-to-Energy project can be done in two years – Jagdeo

OilNOW -
Guyana's Vice President Bharrat Jagdeo said Phase 2 of the Gas-to-Energy project can be completed in two years.  “We believe that is an outside limit,” he said during a press conference in Georgetown on September 26, following the publication...
News

US$19 billion to be added to Exxon, co-venturer’s US$7 billion cost bank

OilNOW -
ExxonMobil and its co-venturers, Hess and CNOOC, are set to add US$19 billion to their cost recovery bank, in addition to the approximately US$7 billion that remains to be recovered from existing investments in the prolific Stabroek Block offshore...
News

Second phase of Berbice training facility for completion in 2025

OilNOW -
Authorities in Guyana are pursuing the second phase of a training facility in Berbice with support from ExxonMobil, slated for completion in 2025. The first phase, a simulator for floating production, storage and offloading (FPSO) vessels, was commissioned in...
News

Guyana’s seventh deepwater project to create over 1,300 jobs

OilNOW -
The proposed Hammerhead development is set to create up to 1,380 jobs, preliminary estimates from ExxonMobil indicate.  The jobs span four stages of the project.  A project summary filed with the Environmental Protection Agency (EPA) indicates that approximately 540 persons would...
News

Guyana’s biggest FPSO by target production to set sail in H1 2025

OilNOW -
Guyana is set to welcome a trailblazing new floating production, storage and offloading (FPSO) vessel next year. The ONE GUYANA vessel, being constructed by SBM Offshore, is targeting the highest initial oil production observed in the industry for an...
Business Wire

Innate Pharma Presents Positive Results From TELLOMAK Phase 2 Study With Lacutamab in Mycosis Fungoides

In heavily pretreated patients with mycosis fungoides, treatment with lacutamab results in meaningful anti-tumor activity regardless of baseline KIR3DL2 expression level. Lacutamab was well-tolerated with a safety profile consistent with prior studies. Innate will host a virtual KOL event on...
Business Wire

Shionogi & Co., Ltd. and Maze Therapeutics, Inc. Announce Exclusive Worldwide License Agreement for MZE001, a Novel Therapeutic Candidate for the Treatment of Pompe...

Agreement Adds to Shionogi’s Growing Pipeline in Rare Disease MZE001 has the Potential to be the First Oral Therapy for Pompe Disease OSAKA, Japan & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Shionogi & Co., Ltd. (Head Office: Osaka, Japan; Chief Executive Officer: Isao...
1234...126Page 3 of 126

Latest News

NewsShikema Dey -

Major energy and infrastructure projects to define Guyana’s next few years

Over the next few years, President Irfaan Ali’s second term will see Guyana advancing key projects that place energy...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks