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MedMen Continues Restructuring Efforts, Highlights Results To-Date, and Announces Strategic Review of Assets in Arizona, Illinois, and Nevada as Next Steps

LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, continues to make progress in its restructuring efforts. Efforts to date have been effective, resulting in...

‘Don’t ask me the question a hundred times!’ – Ali says Exxon contract stays

Guyana President Dr. Mohamed Irfaan Ali said Friday that discourse in Guyana about the Stabroek Block Production Sharing Agreement (PSA), particularly the call for renegotiation, has become one of obsession and paranoia. “Don’t ask me the question a hundred times,”...

Value of Stabroek Block discoveries manifesting itself in country – Exxon CEO

ExxonMobil’s Chairman and Chief Executive Officer (CEO) Darren Woods believes that the value created by its successes in Guyana are being manifested locally.  Addressing investors during the company’s recent Q4 Earnings Call, he stated “...the importance of that resource and...

Saipem gets US$900 million contract for work offshore Norway, Brazil

Saipem said it has been awarded two offshore contracts for a total amount of approximately US$900 million. The first contract was awarded by TotalEnergies for work offshore Brazil on the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field...

Seismic tests, license awards, exploration on the cards for Suriname in 2023 – Staatsolie

Suriname’s state energy company, Staatsolie, said offshore activity is being followed with great interest both locally and internationally. In 2023, the company expects there to be multi-block exploration, seismic tests, and new license awards. Suriname’s ongoing Demerara area competitive bid...

SBM Offshore Graduate Engineers: A beacon of inspiration to young Guyanese

Paula Ceres and Tanisha Selby were among a group of seven Guyanese graduate engineers who gained hands-on training by SBM Offshore on the Prosperity floating production, storage and offloading (FPSO) vessel. Now, the young women aim to inspire young girls...

SBM Offshore continues Guyana student outreach with Industrial Training Centre visit

SBM Offshore is continuing its school outreach programme, this time, visiting the Guyana Industrial Training Centre in Georgetown. The company engaged with part-time and full-time students of the Guyana Industrial Training Center (GITC) to apprise them of its role in Guyana and the career choices...

UK-based firm to supply titanium pumps for Guyana’s largest capacity FPSO

Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, has won a further order from VWS Westgarth for two titanium API 610 OH2 pumps for use aboard the FPSO One Guyana which...

Oil pushing big demand for data, connectivity services in Guyana

Since the discovery of oil, Guyana has undergone sector-wide changes including the digital transformation of the small South American country. That change requires innovative technology solutions whether it be onshore or offshore and to meet these needs, local telecommunications companies...

‘Safety culture changing in Guyana’ – 30 more businesses graduate Centre’s HSSE program

The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday. It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...

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David Phillips: Building skills and people at TechnipFMC

David Phillips’ path to TechnipFMC started far from the oilfields — in mining. “My background is largely in mining,”...