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3DEO Secures Strategic Investment From Development Bank of Japan and Seiko Epson Corporation to Accelerate Growth and Innovation

LOS ANGELES--(BUSINESS WIRE)--#3DEO--3DEO, a Los Angeles-based leader in design, engineering and metal additive manufacturing (AM), today announced a significant investment from the Development Bank of Japan Inc. (DBJ) and Seiko Epson Corporation (EPSON). This partnership marks a pivotal step...

Guyana seeks investor to develop offshore natural gas resources

Guyana's Ministry of Natural Resources has announced a request for proposals (RFP) from private companies for the design, finance, construction, and operation of essential gas infrastructure to support offshore developments in the South American nation. This initiative is part...

Jumbo awarded contract for Exxon’s fifth Guyana FPSO

Jumbo Offshore has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the Errea Wittu floating production storage and offloading vessel (FPSO), which will be located offshore Guyana at ExxonMobil’s Uraru Development. Errea...

Gas-to-Energy: GAICO completes materials offloading facility, forges ahead with pipeline work

GAICO Construction and General Services Inc. announced that it completed the materials offloading facility (MOF) for the Gas-to-Energy project and is currently undertaking the laying of 26 kilometers of onshore pipelines.  “As a local company we are excited about this...

‘Strategic shift in vision’ delivered Guyana’s largest shore base, now 10 years old   

Ten years ago this month, Guyanese company Muneshwers Limited acquired a 30-acre property on the outskirts of Georgetown, the country’s capital city, with a plan to pursue development of a container terminal for its shipping business. But following ExxonMobil’s worldclass...

Gas to Energy Project – the most transformational project in Guyana’s history

By Cristina Caus - OilNOW The Gas-to-Energy project is an embodiment of Guyana’s mission to transform its historically underperforming economy, now one of the fastest growing, into a world-class and competitive environment. The GtE project represents one of the largest...

Nextracker Achieves 10-Gigawatt Milestone in Middle East, Africa, and India Solar Power Markets

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, today announced it has surpassed a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for...

69 Lindeners graduate from programmes supported by Exxon, Hess & CNOOC

The Greater Guyana Initiative (GGI) has funded electrical installation and welding and fabrication programmes through the Linden Technical Institute (LTI) in partnership with the Ministry of Education, the Council for Technical and Vocational Education Training (C-TVET) and LearnCorp International. The...

With six FPSOs onstream, Guyana could be debt-free by 2027 – Vice President Jagdeo

With Guyana expected to produce over one million barrels of oil per day from six floating, production, storage and offloading (FPSO) vessels by 2027, the country will likely have enough money to clear its debt. This is according to...

Oil has unleashed a tsunami of opportunities in South America’s lone English-speaking nation

Nestled on the northern tip of South America, the small nation of Guyana, now the fastest growing economy in the world, will become the continent’s second biggest oil producer by 2027. The massive success the country has seen in...

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Iran threatens to close just-reopened Strait of Hormuz if U.S. blockade continues

Iran is now warning it will shut the Strait of Hormuz to commercial shipping again if the United States...