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SBM Offshore, Technip Energies tackle floating offshore wind with new JV

SBM Offshore and Technip Energies have announced their collaboration through the signing of a Memorandum of Understanding to establish a new joint venture entity named EkWiL. The venture aims to be a leading player in the floating offshore wind...

Guyanese firms among bidders to audit Exxon’s 2021-2023 Stabroek Block expenses

Guyana’s National Procurement and Tender Administration Board (NPTAB) recorded three bids for the provision of consulting services to verify Stabroek Block expenses. Specifically, the services include a cost recovery audit and validation of the Government of Guyana’s profit oil...

Enviva Announces Comprehensive Agreements to Delever Balance Sheet and Strengthen Financial Position

-- Restructuring Plan Expected to Reduce Debt by Approximately $1.0 Billion, Improve Profitability, and Better Position the Business for Long-Term Success -- -- Company Commences Voluntary Chapter 11 Proceedings to Implement Pre-Arranged Restructuring Plan -- -- Company Secures Commitment for $500...

Trinidad sees gradual economic recovery, but faces uncertainties – IMF

Trinidad and Tobago is experiencing a notable economic turnaround, marking the first instance of sustained recovery in a decade, according to the International Monetary Fund (IMF) Staff Concluding Statement of the 2024 Article IV Mission published on March 11.  It...

Bangladesh offers 24 offshore exploration blocks with no royalty, signature bonus

The Government of the People's Republic of Bangladesh along with Petrobangla (state-owned gas company) has announced the Bangladesh Offshore Bidding Round 2024. A total of 24 offshore blocks, comprising nine shallow sea blocks (SS-01, 02, 03, 05, 06, 07,...

Dassault Systèmes and CDR-Life Collaborate to Accelerate Scientific Innovation for Cancer Therapies

Dassault Systèmes, a science-based leader in virtual twin experiences and CDR-Life, a Swiss biotherapeutics company, partnered to study the stability of antibody-based biologics Dassault Systèmes’ Contract Research team used BIOVIA software to run virtual “what if” experiments that identified stabilizing variants VELIZY-VILLACOUBLAY,...

AvionTEq and Flight Data Systems (FDS) Unveil Partnership at AEA Community in Dallas

VAN NUYS, Calif.--(BUSINESS WIRE)--AvionTEq, a globally recognized leader in providing top-tier aviation test equipment and tooling solutions, and Flight Data Systems, a distinguished provider of ground support equipment and data services, announced their multi-year partnership in preparation for the...

PHOTOS: Stena Carron upgraded during survey in Spain

The Stena Carron left Guyana for Spain two months ago for its Special Periodic Survey (SPS). The maintenance procedure is almost over, Stena said in a recent LinkedIn update.  Stena said the rig underwent a replacement of its thrusters.  Maintenance was...

45L Energy Efficient Tax Credit (2024): Guide on Requirements and How To Claim Published by Better Business Advice

NEW YORK--(BUSINESS WIRE)--Better Business Advice has released a comprehensive guide on how to claim the 45L Energy Efficient Tax Credit, highlighting Engineered Tax Services (ETS) as the go-to tax expert for navigating this federal incentive. Recommended Tax Expert for the...

Port Houston Project 11 Reaches New Milestone

Houston Ship Channel Expansion Improvements to Waterway Continues Port Houston Also Announces Two New Vital PromotionsHOUSTON--(BUSINESS WIRE)--On Thursday, February 29, the Port Commission of the Port of Houston Authority met for its monthly meeting. Chairman Ric Campo began by expressing...

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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...