Despite Local Content Law, Exxon still finds a way to shortchange Guyanese firms
Summary
Since the implementation of the Local Content Act, the local content spend in the procurement of goods and services, and employment have increased substantially...
VP clarifies Petrobras’ decision to withdraw from bidding in ongoing licensing round
Following Brazil’s state oil producer, Petrobras' decision not to bid in Guyana's ongoing 2022 Licensing Round, the Vice President, Dr. Bharrat Jagdeo, has clarified...
America’s wealthiest asset managers eager to help modernize Guyana’s financial systems
An impressive group of American asset management firms were recently in Guyana for talks with President, Dr. Irfaan Ali and his team on potential...
Predictable and objective judiciary crucial to Guyana’s investment image – Jagdeo
The title of being the fastest growing economy in the world is not one for Guyanese to take for granted. Now more than ever,...
CH4-Lindsayca, contractor for Wales Natural Gas Facility, looking for Guyanese suppliers
Lindsayca/CH4 (LNDCH4), a renowned United States (US) consortium awarded a contract by the Guyanese government to construct an integrated natural gas facility at Wales,...
Financial Analyst raises concerns over Exxon’s procurement practices; calls for amendments to Local Content...
Financial Analyst Joel Bhagwandin, representing his financial firm, SphereX Professional Services, has put forth a series of compelling recommendations on possible amendments to the...
Iwokrama inks MOU with National Toshaos Council for community development, biodiversity conservation
The Iwokrama International Centre for Rain Forest Conservation and Development (Iwokrama) signed a Memorandum of Understanding (MOU) with the National Toshaos Council (NTC) to...
Appellate Court Judge conditionally stays order for Exxon to provide unlimited guarantee for oil...
Appellate Court Judge, Justice Rishi Persaud on Thursday issued a stay of execution on a High Court order for ExxonMobil and partners to provide...
Guyanese-Canadian Investors to build $2B Vreed-en-Hoop Plaza in proximity to US$300M shore base
Once regulatory approval is received from the Environmental Protection Agency, a Guyanese-Canadian Group will commence construction of a massive $2B plaza at Vreed-en-Hoop. The...
UG students get tour of novel construction techniques at US$300M Vreed-en-Hoop Shore Base facility
Students of the University of Guyana’s Faculty of Technology this week got hands on exposure to the construction techniques being used for the artificial...
