With the Uaru development plan (FDP) finalised, oilfield giant Saipem has been given the green light by ExxonMobil Guyana to commence the final phase of the subsea work for the Stabroek Block project.  Saipem said the awarded scope of work...

− Results at the American Urological Association’s 2023 Annual Meeting (AUA2023) –MONROE TOWNSHIP, N.J. & OXFORD, England--(BUSINESS WIRE)--Blue Earth Diagnostics, a Bracco company and recognized leader in the development and commercialization of innovative PET radiopharmaceuticals, today announced additional results...

American oil producer Hess Corporation disclosed on April 26 that it earned net income of US$346 million, or US$1.13 per share, in the first quarter of 2023, compared with net income of US$417 million, or US$1.34 per share, in...

The Company will utilize best practices when it comes to aided and autonomous assembly, combined with high-end craftsmanship to ensure the highest quality and satisfaction for the end user. This occasion marks the first event of the Company’s final launch...

The lifetime of Guyana’s first Stabroek Block development - Liza Phase 1 is set to be extended to accommodate the Gas-to-Energy (GTE) project, Vice President, Dr. Bharrat Jagdeo said.  The Liza permit is currently under review.  The GTE is set to...

Proceeds will fund: - Clinical programs ALE.F02 and ALE.C04 – two first-in-class anti-Claudin-1 (CLDN1) antibodies for organ fibrosis and CLDN1 positive tumors - The platform to engineer CLDN1 antibody drug conjugates (ADC) and bi-specific antibodiesBASEL, Switzerland--(BUSINESS WIRE)--Alentis Therapeutics (“Alentis”), the Claudin-1...

DARMSTADT, Germany--(BUSINESS WIRE)--Merck KGaA, Darmstadt, Germany, a leading science and technology company, today announced the U.S. Food and Drug Administration (FDA) has placed a partial clinical hold on the initiation of new patients on evobrutinib and patients with less...

Westmount Energy believes that the Tanager-1 discovery at the Kaieteur Block has potential to be a tie back for a development at Ranger, discovered in 2018 on the Stabroek Block. ExxonMobil Guyana President Alistair Routledge had told OilNOW on...

By Christina Caus - OilNOW We live in vulnerable energy times. The energy crisis, climate change, and energy transition are all shaking and shaping the global future.  "The energy realities of the world remind us that oil and gas will be here for decades to...

ExxonMobil’s projects in Guyana’s Stabroek Block carry hefty prices. Its fifth – Uaru – carries the highest thus far: US$12.683 billion, since it will be the biggest offshore development, rivalling neighbouring Brazil. These projects require massive floating, production, storage and offloading...