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Fisker Ocean Wins iF DESIGN AWARD 2024 for Best Electric SUV

The Fisker Ocean wins the internationally recognized iF DESIGN AWARD for Best Electric Vehicle: SUV, following the assessment by a global jury of 132 world-class design experts iF DESIGN AWARD is a highly contested design competition, with almost 11,000 award...

Venezuela launches offshore seismic data initiative with UK firm Geoex MCG

Venezuela has initiated a process to bolster its offshore exploration efforts by partnering with Geoex MCG, a UK-based subsurface data specialist, to conduct extensive seismic data acquisition across the country’s gas-rich offshore waters. Geoex MCG Ltd announced the signing of...

Woods says Exxon not trying to buy Hess in dispute over Guyana assets

Speaking publicly for the first time on ExxonMobil’s pursuit of an arbitration case that could block Chevron's purchase of Hess, CEO Darren Woods said Exxon’s objective is to establish it has rights over Hess’ Guyana assets, not to buy...

Crown Bioscience Recognized Once Again as T+ Employer® for the Third Year in a Row

SAN DIEGO--(BUSINESS WIRE)--Crown Bioscience, a global contract research organization (CRO) and JSR Life Sciences company, solidifies its stature as a frontrunner in the global healthcare sector by securing the T+ Employer® certification for healthcare excellence every year since the...

Local Content Summit returns in April to ‘Create Value, Drive Expansion’

Following the success of the inaugural Local Content Summit in 2023, the 2024 Summit is set to take place on April 16, 2024, at the prestigious Pegasus Suites and Corporate Centre. With the theme “Creating Value. Driving Economic Expansion,”...

Ultra-deepwater rig shortage escalates, rates soar – Wood Mackenzie

Wood Mackenzie, a leading energy research and consultancy firm, has reported a shortage of ultra-deepwater (UDW) rigs and its significant impact on the industry.  According to the report, the supply chain strain has led to an extreme scarcity of UDW...

Oceaneering invests in cutting-edge technology to revolutionize subsea geotechnical surveying

Oceaneering International recently made an advancement in subsea geotechnical surveying by placing an order with UK-based Feritech Global for an auto-drop piston corer. It said the next-generation equipment is anticipated to revolutionize the process of extracting sediment samples from...

G-PORT says workforce now 100% Guyanese

G-Port, a joint venture (JV) between the Lousiana-based Edison Chouest and John Fernandes, now boasts a workforce that is 100% Guyanese.  That update was provided by Edison Chouest’s Business Development Officer, Daniel Lafont speaking exclusively to OilNOW on March 14....

Venezuela, Trinidad discuss developing Manakin-Cocuina cross-border gas

Venezuela and Trinidad and Tobago are in talks for cross-border development of the Manakin-Cocuina gas field, according to updates from PDVSA and the Energy Chamber of Trinidad and Tobago. Manakin, on the Trinidad side, is in the bpTT-operated Block...

New Hayven Merchant Bank arranges US$25M finance for new Guyana shorebase

New Hayven Merchant Bank has facilitated a US$25 million financing facility for Vreed-en-Hoop Shorebase Inc. (VEHSI).  Collaborating closely with an external financial entity, New Hayven Merchant Bank said it led the structuring and deployment of the arrangement, tailored specifically to...

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SBM Offshore Guyana throws support behind Mental Health Awareness Campaign

SBM Offshore Guyana has thrown its support behind a new national mental health campaign launched by the Office of...