Showing results for:

Jabil Enters into Preliminary Agreement Relating to Sale of Mobility Business

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), today announced a preliminary agreement with BYD Electronic (International) Company Limited (“BYDE”) relating to the sale of its Mobility business in a potential transaction expected to be valued at approximately $2.2 billion. “This...

California American Water Lifts Boil Water Notice for its San Diego County District

SAN DIEGO--(BUSINESS WIRE)--California American Water has lifted a boil water advisory that was in place for its San Diego County District. Customers can now consume and use their tap water normally after days of extensive testing have shown no...

Dutch company’s innovative composite pipe installed at ExxonMobil’s Liza Field

Strohm, a composite pipe company, has successfully installed its first deepwater/high-pressure thermoplastic composite pipe (TCP) jumper in the Stabroek Block offshore Guyana. The installation marks the adoption of Strohm's innovative "Jumper on Demand" approach and its effectiveness in enhancing...

Jan De Nul’s Galileo Galilei departs as largest dredger to ever traverse Demerara River

M.V Galileo Galilei, the largest dredger ever to sail the Demerara River, has now made its exit from Guyana. This marvel, owned and operated by the Jan De Nul Group, leaves behind a testament to its efficacy – a...

The Des Moines Register Iowa Poll Partners With NBC News

Additional Sponsorship Support by Mediacom with Polls Conducted by Selzer & CompanyMCLEAN, Va.--(BUSINESS WIRE)--The Des Moines Register, part of Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network announced today that NBC News will partner with the Des...

A Regional Climate Finance Fund for a Low-Carbon, Climate-Resilient CARICOM

By Dr. Ulric Trotz & Dr. Terrence Blackman - OilNOW Climate change poses significant challenges for Guyana and the Caribbean, necessitating a combination of mitigation and adaptation strategies to combat its effects. Mitigation focuses on reducing greenhouse gas emissions and...

Petroleum Commission among proposed oil law amendments by opposition party

The Alliance for Change (AFC), a key party in the APNU+AFC Parliamentary opposition, has published its proposed amendments to the Petroleum Activities Bill 2023, the document that’s meant to overhaul Guyana’s decades-old oil and gas regulatory framework. Key to...

A tale of two pipelines: US, Guyana projects forge ahead, despite environmental lobby

The Mountain Valley pipeline project is one of many marred by delays due to regulatory and legal battles with environmentalists. But now, the project is a go, after a U.S. Supreme Court granted lifts on stays that halted its...

SBM Offshore Guyana advancing HSSE through multiple awareness programmes

Over the last several years, safety has become a key topic in the local business sector, with the movement to improve and advance Health, Safety, Security and the Environment (HSSE) being propelled by the oil and gas industry. SBM...

Over US$10 billion in Stabroek Block investments recovered so far

ExxonMobil, Hess and CNOOC have managed to recover more than US$10 billion in investments so far, to explore and develop the prolific Stabroek Block.  The Stabroek Block Production Sharing Agreement (PSA) allows the partners to recover investments by taking up...

Latest News

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...