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Noble made more money from Guyana operations than anywhere else, in 2022

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Noble Corporation said its 2022 revenues for the year ended December 31, 2022 amounted to US$1.4 billion, with the King of the pile being its Guyana operations at US$469 million. Guyana, therefore, accounts for a third of Noble’s 2022...
Business Wire

Acadia Pharmaceuticals Announces U.S. FDA Approval of DAYBUE™ (trofinetide) for the Treatment of Rett Syndrome in Adult and Pediatric Patients Two Years of Age...

-- First and only approved therapy for Rett syndrome, a rare, neurodevelopmental disorder, which affects 6,000 to 9,000 patients in the U.S.1 -- Company expects DAYBUE to be available by the end of April, 2023 -- Rare Pediatric Disease Priority Review...
Business Wire

Astellas and Seagen Announce China’s National Medical Products Administration Accepts Biologics License Application for Enfortumab Vedotin in Certain Patients with Locally Advanced or Metastatic...

– Clinical data submitted are consistent with global data and support enfortumab vedotin as a platinum-free option in patients with locally advanced or metastatic urothelial cancer who received prior treatment with a PD-1/L1 inhibitor and platinum-based chemotherapy – TOKYO &...
News

Publicising Exxon’s cost recovery statements not in keeping with norm – Guyana VP

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Though respectful of the public’s right to know how much oil companies are spending and recovering to cover their investments, there are some categories of information that just cannot be disclosed due to their proprietary nature, says Vice President...
Business Wire

Technip Energies Financial Results for Full Year 2022

Robust FY 2022: Adjusted revenue of €6.4bn and adjusted recurring EBIT margin of 7.0%, up 50bps Y/Y Strong EPS growth supports proposed dividend of €0.52/share, up 16% Y/Y Substantial growth in TPS backlog, up 63% Y/Y, reinforcing T.EN’s differentiated hybrid model Initiate...
Business Wire

Gensource Potash Announces Strategic Business Relationship with Nekaneet First Nation and Provides Tugaske Project Update

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES SASKATOON, Saskatchewan & LONDON--(BUSINESS WIRE)--Gensource Potash Corporation (“Gensource” or the “Company”) (AIM/TSXV: GSP), a fertilizer development company focused on sustainable potash production, is honoured to announce...
News

With increasing offshore projects, SBM Offshore looks to expand Guyana supplier base

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SBM Offshore held a vendor forum on Friday, the closing day of the International Energy Conference and Expo 2023, at the Marriott Hotel. The company needs an expanded supplier base, as it is building, delivering and operating an increasing number...
News

Exxon working to more than triple Guyana oil production by 2027

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By 2027, Guyana oil production is expected to hit 1.2 million barrels per day (bpd), making it the second largest producer in South America, after Brazil, based on current output across the region. Liam Mallon, ExxonMobil’s Upstream President confirmed the...
News

Jagdeo defends Exxon recovering cost of Ogle facility

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Vice President Dr. Bharrat Jagdeo last Friday defended the government’s position to support ExxonMobil recovering the US$160 million cost of its Guyana onshore facility, through the cost oil mechanism in the Stabroek Block Production Sharing Agreement (PSA). ExxonMobil Guyana President,...
News

OPEC expects Guyana to up 2023 crude production by more than 90,000 bpd

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The Organisation of Petroleum Exporting Countries (OPEC) expects Guyana to add about 90,000 barrels of crude per day (bpd) to its current output, according to the  January monthly oil market report. This would lift Guyana’s 2023 output 32 million barrels...
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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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