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Saipem to utilize additional Guyana facility for submarine work on massive Whiptail project

Italian multinational oilfield services company Saipem has received authorization from ExxonMobil Guyana Limited and its Stabroek Block coventurers to proceed with the execution of the giant Whiptail oilfield development project. Saipem said at the weekend that the authorization has been...

Surge announces closing of a €7.5 million fundraising round to decrypt the immune system and transform precision medicine

Surge, specialized in high-dimensional immune system analysis combined with artificial intelligence, is paving the way for a new era of precision medicine. With the launch of PreCyte®, its flagship product predicting post-operative complications, and the inauguration of SurgeLab™, a...

Amish Patel Joins Sierra Space as Chief Operating Officer

Former Rocket Lab and SpaceX Executive Joins Sierra Space as Company Experiences Significant Revenue Growth Across Expansive Program PortfolioLOUISVILLE, Colo.--(BUSINESS WIRE)--Sierra Space, a leading commercial space-tech company and next generation defense-tech prime building a platform in space to benefit...

Innate Pharma Reports Full Year 2023 Financial Results and Business Update

Positive final results of lacutamab TELLOMAK Phase 2 trial in Sézary syndrome presented at ASH Annual Meeting 2023; final data in mycosis fungoides to be shared at an upcoming medical congress Licensing of a fourth NK cell engager ANKET® by...

Azitra, Inc. Announces Full Year 2023 Financial Results and Provides Business Updates

BRANFORD, Conn.--(BUSINESS WIRE)--Azitra, Inc. (NYSE American: AZTR), a clinical-stage biopharmaceutical company focused on developing innovative therapies for precision dermatology, today reported financial results for the full year ended December 31, 2023, and provided a business update. FY 2023 and Recent...

Strategic investments in infrastructure, training key to competitiveness of Guyana’s economy – Routledge 

To bolster the competitiveness of Guyana's burgeoning economy, strategic investments in infrastructure and targeted training initiatives are pivotal determinants. This is according to ExxonMobil Guyana President, Alistair Routledge. Exxon is the operator of Guyana’s Stabroek Block.  In his presentation at...

Saipem targeting fabrication of “more complex” subsea structures in Guyana this year

By the third quarter of 2024, Saipem Guyana is set to occupy 81,000 square meters (m2) of the Vreed-en-Hoop Shore Base Inc. (VEHSI) facility, allowing it to fabricate “more complex” subsea structures for the country’s booming oil industry.  Saipem is...

Galderma Announces Record 2023 Net Sales of Over 4 B USD and Significant Core EBITDA Margin Expansion

ZUG, Switzerland--(BUSINESS WIRE)--Galderma: Delivered against full year guidance for another consecutive year with strong financial performance Galderma achieved net sales of 4.082 B USD, up 8.5% year-on-year on a constant currency basis1 in FY 2023, at the higher end of its...

Exxon’s 4th Guyana FPSO leaves drydock; now moored along integration quayside at Singapore yard

SBM Offshore announced on Feb. 21 that the ONE GUYANA floating, production storage and offloading vessel (FPSO) has left drydock. OilNOW understands the vessel is now moored along quayside at the Seatrium yard in Singapore. It is the fourth...

Guyana aims to be top NGL supplier for Brazil’s Roraima, Dominican Republic, and CARICOM

Guyana’s Gas-to-Energy project has generally been marketed as a huge benefit for the domestic economy. However, the government is rolling out plans for the natural gas liquids (NGL) from the project to capture the markets of the entire Caribbean...

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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...