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Exxon awards SBM Offshore for supplier excellence in support of Guyana operations

OilNOW -
SBM Offshore has received the 2023 Ruby awards for supplier excellence from U.S. oil major, ExxonMobil, for delivering best-in-class operations of floating production, storage and offloading (FPSO) vessels for Guyana. SBM Offshore was contracted by ExxonMobil to deliver and operate...
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Berbice region to be central hub for gas supporting infrastructure – Pres. Ali

OilNOW -
As Guyana builds out its gas industry, President Irfaan Ali sees the Berbice region playing an integral role in its development.  According to the President, Berbice is set to become a hub for “gas-supporting infrastructure.”  “A mall, hospital, industries and, of...
News

Stabroek Block production ramp-up expected to move faster – Darren Woods

Shikema Dey -
The optimization of production at the ExxonMobil-operated Stabroek Block offshore Guyana has been unprecedented and this can be increased even further.  ExxonMobil's Chief Executive Officer (CEO), Darren Woods says the company’s “design one, build many” concept is a huge factor...
Business Wire

BMW Group Partners with Dassault Systèmes to Bring the 3DEXPERIENCE Platform to Its Future Engineering Platform

Strategic partnership will develop BMW Group’s future engineering platform with Dassault Systèmes’ 3DEXPERIENCE platform at its core 17,000 users will be working globally on a virtual twin of a vehicle that can be configured for the variants of each model...
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Petrobras cops OTC distinguished achievement award for deepwater innovations

OilNOW -
The Offshore Technology Conference (OTC) has bestowed Petrobras with the distinguished achievement award for companies, organizations, and institutions, recognizing the company's advancements in the revitalization of the Marlim Field and the broader deepwater Campos basin.  OTC said the accolade underscores...
Business Wire

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote ONLY on the WHITE Proxy Card “FOR” All of Ocean Power Technologies Board Nominees

Both Leading Independent Proxy Advisory Firms – ISS and Glass Lewis – Now Recommend Voting “FOR ALL” of the Board’s Highly Qualified and Experienced Nominees OPT Continues to Urge All Holders to Vote ONLY on the WHITE Proxy Card Today...
Business Wire

Lubrizol Additives India Honored at Rosefield Energy Tech Awards

The Rosefield Energy Tech Awards, which recognizes innovation and leadership in the lubricants and fuels industry in India, bestowed honors on Lubrizol India for technological advancement and supply chain resilienceCLEVELAND--(BUSINESS WIRE)--Lubrizol Additives was recently presented with two honors at...
News

ExxonMobil sets new production records in Permian basin and Guyana, surpassing 20% growth in Q2 2023

OilNOW -
ExxonMobil reported an achievement of record production from its projects in the Permian basin and Guyana during the second quarter of 2023. Surging beyond expectations, the company said its production levels witnessed a remarkable growth of over 20% compared...
News

Offshore Innovators celebrates milestones in Guyana’s O&G industry 

OilNOW -
Offshore Innovators Guyana Inc. (OIGI) has marked significant achievements in the country's burgeoning oil and gas sector, which it says showcases its commitment to local empowerment and contributing to the nation's newfound energy landscape.  Established in January 2017, OIGI said...
Business Wire

Alnylam Announces Preliminary* Fourth Quarter and Full Year 2023 Global Net Product Revenues and Provides Additional Updates

– Achieved Full Year 2023 Preliminary Global Net Product Revenues of $1,241 Million for ONPATTRO®, AMVUTTRA®, GIVLAARI®, and OXLUMO®, Representing 39% Annual Growth (39% Using Constant Exchange Rate**) – – Maintained Strong Balance Sheet with Year-End Cash and Investments Balance...
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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

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