Fiscal terms of draft model PSAs will not change – VP
No amount of dissatisfaction expressed by oil companies about the draft model Production Sharing Agreements (PSA) will result in any altering of the fiscal...
Guyana eyes collaboration with Suriname on gas development- Jagdeo
Vice President Dr. Bharrat Jagdeo disclosed today that the country’s National Gas Strategy will encompass a comprehensive examination of key areas, including the potential...
US$2B Parent Company Guarantee relative to size of Exxon’s Operations here
Dear Editor,
I have noted an article in today’s edition of Kaieteur News (May 25th, 2023), citing Tom Sanzillo who argued that he finds it...
US Subsea Solutions Provider Secures Contract for to supply connection systems for Gas-to-Energy Project
Trendsetter Engineering Inc., a distinguished subsea solutions company based in Houston, Texas, has been awarded a contract to supply TC11 Connection Systems to ExxonMobil...
America-Guyana ties stronger: Trade surpasses US$3B; nearly 100 US companies here
The outgoing United States (US) Ambassador to Guyana, Sarah-Ann Lynch, has underscored the instrumental role played by the US Embassy's economic team in attracting...
Businesswoman awaits EPA’s approval to develop $50M funeral parlour in Bartica
A businesswoman is awaiting the approval of the Environmental Protection Agency (EPA) to set up a $50M funeral parlour in Bartica. According to project...
Aker Solutions to deliver cutting-edge equipment for ExxonMobil’s Uaru project
Aker Solutions, a Norwegian company renowned for its expertise in engineering and subsea services, has been bestowed with a substantial contract by ExxonMobil Corporation...
Five major oil players get govt. approval for multi-mullion dollar Local Content plans
The Ministry of Natural Resources (MNR) has approved the Local Content Annual Plans of the five major oil companies operating in Guyana for 2023....
Special oil auditing unit underway at GRA- Jagdeo confirms
The Guyana Revenue Authority (GRA) has been given approval by the government to establish a special auditing unit that will focus on the oil...
Unpacking Kenrick Hunte’s flawed analysis on Guyana’s oil & gas industry
Summary
The recent analysis by Kenrick Hunte suggests that he hasn’t taken the time to study petroleum economics literature. At least the basics. Because, had...
