The wind farm will produce enough power for 22,800 homes each yearPORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA)...

Eight months after the sod was turned at Port Mourant, Berbice, Guyana's Technical Training College Institute Inc. is finally a reality.  The first phase of the state-of-the-art facility was commissioned on Feb 9 - an initiative largely led by SBM...

The first module has been lifted onto the topsides of the ‘ONE GUYANA’ floating production, storage and offloading (FPSO) vessel for the massive Yellowtail development, according to ExxonMobil Guyana President, Alistair Routledge. Providing an update on the US$10 billion project,...

ExxonMobil Guyana President, Alistair Routledge, said the company is writing off its Kaieteur Block expenses, having decided last year to withdraw from the license. In addition to the Stabroek Block, the company operates the Canje block and, up until...

Guyana can expect a significant spike in its oil revenues as early as 2026/2027 after the ExxonMobil-led Stabroek Block consortium (Exxon 45%, Hess 30% and CNOOC 25%) substantially recovers the tens of billions invested in exploration and development of...

MODEC hosted a reception at the Guyana Marriott Hotel on Friday to celebrate the start of construction for its first project in the South American country – the Floating Production Storage and Offloading (FPSO) vessel Errea Wittu, for ExxonMobil...

NV Havenbeheer Suriname, the Suriname Port Management Company, has issued a request for proposals (RFP) for the exploitation of available land and port facilities in the Dr. Jules Sedney Port of Paramaribo, Suriname. It said that the objective of the...

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2023 results on Monday, February 26, 2024, after the close of business. The press release and associated slide presentation...

The global upstream industry is eyeing a rebound in high-impact oil and gas drilling in 2024, with Africa and Latin America poised to be the driving forces behind these activities. According to Rystad Energy, a total of 36 high-impact...

President Joe Biden hit pause on LNG project approvals in the U.S., under pressure from climate activists. Talk of widening that net globally has emerged, to include projects seeking U.S. support. A Jan. 26 article by The New York Times...