USAID, CARICOM collaborate on US8.6M to build more enabling environment for private sector
The United States Agency for International Development Eastern and Southern Caribbean Mission (USAID/ESC) in partnership with the Caribbean Community (CARICOM) Secretariat, has launched a...
Guyana’s cynicism could be greatest threat to oil sector – Economist
It is never an easy ride for politicians tasked with managing an oil-rich nation. They are expected to navigate a multiplicity of challenges and competing...
Gov’t approves Local Content Master Plans with new 45-day payment period
The Ministry of Natural Resources on Wednesday approved the Local Content Master Plans of tier-one contractors – SBM Offshore, Halliburton among others – operating...
One barrel of crude spills from Liza Unity FPSO; Exxon says matter fully contained
On Friday, September 9, 2022, ExxonMobil affiliate Eddo Exploration and Production Guyana Limited (EEPGL) said its team on the Liza Unity FPSO observed a...
Govt. instructs oil companies to pay locals within 30 to 45 days
The Ministry of Natural Resources through the Local Content Secretariat disclosed on Friday that it has ordered all foreign oil companies to pay Guyanese...
Agriculture, forestry, fishing sectors expand by 10.9 per cent- Report
The Ministry of Finance’s 2022 half-year report notes that the 10.9 per cent expansion of the agriculture sector was driven by higher output from...
Guyana earned US$US$344M in oil revenues at half year from five lifts; to hit...
During the period January to June 2022, the government reported that it received five lifts of profit oil from the two producing vessels, Liza...
Agri. Ministry inks over $160M in contracts for development works
Several agencies under the control of the Ministry of Agriculture on Thursday signed contracts valued at $161,722,032 to further their development works.
A contract valued...
Second batch of Guyanese Trainee Technicians commence one-year programme in Canada- SBM Offshore
Dutch manufacturer for Guyana’s oil ships, SBM Offshore disclosed today that the second cohort of its Trainee Technicians arrived in Canada where they will...
Royal Timbers Inc. to plug US$2.8M in large-scale logging project in Region 7
Local logging company, Royal Timbers Inc. is expected to invest US$ 2.8M during the period October 2022 to July 2023 to develop 107,650.54 hectares...
