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...

Brazil’s state-owned Petrobras said it will need a “broad and qualified supply chain” to meet the demand for new production systems it aims to install by 2028. This point was made by its Director of Engineering, Technology and Innovation,...

The oil market is continuously evolving, and the inclusion of the Permian Basin’s WTI Midland into the Brent complex in May 2023 marked a milestone. Global Director for Crude Oil and Fuel Oil at S&P Global Platts, Joel Hanley,...

Japanese shipbuilder MODEC will hold a Vendor Engagement Forum on May 14, 2024. The company will engage with Guyanese suppliers at the Centre for Local Business Development (CLBD) office in Georgetown. The forum will include information-sharing about MODEC’s procurement...

- SWISSto12 has supplied three fully integrated Radio Frequency (RF) Antenna Feed Chains to Northrop Grumman Corporation for one of its GEOStar-3 commercial satellite programs. - The RF Antenna Feed Chains will be integrated into the GEOStar-3’s payload to meet...

Noble Corporation said it was awarded a new contract for the jack-up Noble Resolve with an undisclosed operator.  The jack-up will embark on a campaign to plug and abandon 13 wells offshore Spain for 170 days starting in Q2 2025. The...

SBM Offshore reported a strong performance in its first quarter results for 2024, with revenues driven by the successful delivery and operation of the Prosperity and Sepetiba floating production, storage and offloading (FPSO) vessels to Guyana and Brazil. Øivind...

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that following its March 2024 Placement, the Company has received firm commitments to raise further gross...

​QatarEnergy said it signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat) under which Nakilat will own and operate nine “QC-Max” class LNG vessels, the largest LNG vessels ever built. The agreement was signed May 8 by Saad...

DUBLIN--(BUSINESS WIRE)--CRH plc (NYSE:CRH) (LSE:CRH):   Key Highlights     Summary Financials Q1 2024 Change     Total revenues $6.5bn +2%     Net income $114m n/m1     Net income margin 1.7% +220bps     Adjusted EBITDA* $445m +15%     Adjusted EBITDA margin* 6.8% +80bps     EPS $0.16 n/m1       Solid start to the year in the seasonally least significant quarter Performance driven by positive pricing, early-season activity & benign weather in key markets Integrated solutions strategy...