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Business Wire

Innovafeed Expands to U.S.; French Agtech Firm Opens Insect Innovation Center in Decatur, Ill.

A pivotal partnership with a global leader in human and animal nutrition, ADM. A strategic presence in Illinois, the heart of America's corn belt, fostering innovation and driving local growth. A dynamic American expansion: Innovafeed, a B Corp-certified company since 2022,...
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Guyana charters 36 MW powership to meet increased power demand for next two years – GPL

OilNOW -
State electricity company, Guyana Power and Light (GPL) has entered into a two-year contract with Urbacon Concessions Investments, W.L.L (UCI), as announced on April 13, 2024. The agreement involves the chartering of a power ship that boasts a considerable...
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Norway’s Miko Marine will supply inlet covers for MODEC’s Guyana-bound FPSO

OilNOW -
MODEC has hired Norway’s Miko Marine to supply sea inlet covers to be carried aboard the Errea Wittu floating production, storage and offloading (FPSO) vessel destined for Guyana.  Miko said it got the contract from Offshore Frontier Solutions Pte. Ltd.,...
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Guyana likely to amend Local Content law this year

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Guyana is expected to amend its Local Content law later this year, with a view of increasing the areas in which companies are mandated to utilise Guyanese goods and services. Guyana’s Attorney General discussed this during a question-and-answer segment...
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Dutch firm secures largest ever pipe supply award from Exxon for Guyana project

OilNOW -
Dutch manufacturer Strohm has secured its third and largest ever contract for pipe supply, to be provided for ExxonMobil's 250,000 barrels per day Whiptail development project offshore Guyana.  Strohm will supply its TCP (thermoplastic composite pipe) “Jumper on Demand” for...
Business Wire

APi Group Announces Pricing of Public Offering of Common Stock

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock at a public offering price of $37.50 per share. The gross proceeds to...
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Saipem to utilize additional Guyana facility for submarine work on massive Whiptail project

OilNOW -
Italian multinational oilfield services company Saipem has received authorization from ExxonMobil Guyana Limited and its Stabroek Block coventurers to proceed with the execution of the giant Whiptail oilfield development project. Saipem said at the weekend that the authorization has been...
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Development drilling for Uaru project continues with Stena DrillMax

OilNOW -
ExxonMobil Guyana is forging ahead with developmental drilling operations at the Uaru well site within Guyana’s Exclusive Economic Zone on April 6, 2024.  According to a notice from Guyana’s Maritime Administration Department (MARAD), the Stena DrillMax is spearheading the drilling...
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SBM Offshore hits another Guyana milestone with Jaguar FPSO award

OilNOW -
ExxonMobil has awarded contracts to SBM Offshore to build and deploy the Jaguar floating production, storage and offloading (FPSO) vessel for the Whiptail development at Guyana’s Stabroek Block.  Under the terms of the agreement, ownership of the Jaguar vessel will...
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Early look into next week’s Local Content Summit agenda

OilNOW -
The forthcoming Local Content Summit, slated for April 16, 2024, at the Pegasus Suites and Corporate Centre, is gearing up to be a watershed event in the discourse advancing Guyanese participation in the oil and gas sector. Under the...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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