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Business Wire

Kao Releases Progress Reports on its ESG Strategy—the Kirei Lifestyle Plan

Report on Implementation of New Biodiversity, Respect for Human Rights and DE&I Initiatives, Improved Traceability for Palm Oil Procurement, and Impact of ESG Activities on Financial Results and Business GrowthTOKYO--(BUSINESS WIRE)--#ESG--Kao Corporation (TOKYO:4452), a Japan-based Group whose brand portfolio...
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Petronas’ Block 52 tax holiday could see first Suriname gas project by 2031 – Rystad Energy

Shikema Dey -
Norway’s Rystad Energy sees Suriname’s first standalone gas project potentially materializing as early as 2031, at the Petronas-operated Block 52.  Aiding the Block 52 operator is the 10-year tax break it got from the South American nation in a recent...
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Exxon insures eight-well Stabroek Block drill campaign

OilNOW -
ExxonMobil has insured its eight-well Stabroek Block exploration campaign for the period February 2024 to February 2025, in conjunction with its Stabroek Block partners, Hess and CNOOC. The contract of insurance, published in Guyana’s Official Gazette, sets a limit of...
Business Wire

Reactive Technologies Raises £25M (US$31.4M) to Support Global Expansion in Funding Round led by M&G, BGF, and Breakthrough Energy Ventures

LONDON--(BUSINESS WIRE)--Reactive Technologies, the UK and Finland-based leader in grid stability measurements, announced today the successful completion of a Series D funding round. The £25 million funding round (US$31.4 million) was led by M&G’s Catalyst investment, alongside UK and...
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Saipem gets US$850 million deal for subsea work off Angola coast 

OilNOW -
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Limited, an incorporated joint venture between Eni and bp.  The award concerns the development of the Ndungu field as part of Agogo...
Business Wire

PureTech Health: Launch of Proposed $100 Million Tender Offer at 250 Pence Per Ordinary Share

Notice of General MeetingBOSTON--(BUSINESS WIRE)--PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company dedicated to changing the lives of patients with devastating diseases, today announces the opening of its proposed $100 million tender...
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Seatrium gets topsides fabrication and integration award for Jaguar FPSO

OilNOW -
Seatrium Limited said it was awarded a contract by Single Buoy Moorings Inc, a SBM Offshore company, for the topsides fabrication and integration of the Jaguar floating production, storage and offloading (FPSO) vessel destined for Guyana.  Seatrium’s scope of work...
Business Wire

UNITE HERE Local 11: Prominent Women’s Groups Pen Letter to Aimbridge Pressing for Action in Wake of Allegations of Sexual Harassment at Aimbridge-Operated Hotels...

LOS ANGELES--(BUSINESS WIRE)--Leadership from the Southern Christian Leadership Conference and National Organization for Women - Hollywood Chapter sent a letter this week to Aimbridge’s CEO Craig Smith to raise concerns about women workers who have brought forward allegations of...
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MODEC reports 657% year-on-year profit boost in first quarter

OilNOW -
MODEC reported US$71 million profit in the first quarter of 2024, a 657.1% increase from the US$9.4 million profit from the prior year quarter.  Its revenue amounted to approximately US$823 million, up from US$745 million in the corresponding quarter of...
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Guyana’s new Demerara bridge nearly halfway complete

OilNOW -
Guyana Minister of Public Works, Bishop Juan Edghill, said the Demerara River bridge is 43.4% completed, according to the Department of Public Information (DPI). Work began last year and is expected to conclude by the end of 2024.  “It is...
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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

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