PSC to form multi-stakeholder group to broaden discussion on local content legislation
A multi-stakeholder working group will be established by the Private Sector Commission (PSC)to broaden the discussion on local content legislation. The group will include...
Brazil, Guyana and Mozambique to be main drivers of 60 percent growth in deepwater...
A new report from international consultancy firm, Wood Mackenzie, finds that global deepwater production will increase 60% by 2030, reaching 17 million barrels of...
Legal Affairs Ministry concerned over complaints of unfair, unlawful conduct of hire purchase transactions
The Attorney General’s Chambers and Ministry of Legal Affairs has expressed regret over complaints of alleged unfair and possibly unlawful conduct in hire purchase...
VP Jagdeo assures Guyana’s oil blocks auction will proceed as planned despite Venezuela’s latest...
Despite recent aggressive tactics by Venezuela, Guyana's Vice President, Dr. Bharrat Jagdeo reiterated on Thursday that his country will not back down from developing...
Govt. orders contractor to fix Wismar Street defects
Contractor B. Harry Sawmill has been instructed by the Ministry of Public Works to fix all defects related to the Wismar Street in Linden,...
GYSBI to build sand screens warehouse to contribute to sustainable offshore operations
The Guyana Shore Base Inc. (GYSBI) recently submitted a comprehensive project summary to the Environmental Protection Agency (EPA) for the establishment of a sand...
Saipem gets Exxon’s approval to proceed with final phase of subsea works for Uaru...
Saipem, the Italian multinational oilfield services prime ExxonMobil contractor has announced that it received authorization from the oil giant and its co-venturers in the...
EPA gives greenlight for luxurious $900M apartment complex in Republic Gardens
The Environmental Protection Agency (EPA) has provided approval for Guyanese developers living overseas to construct a $900M luxurious apartment complex in Republic Gardens.
The structure,...
Strict oversight needed for govt.’s multi-billion dollar infrastructure works – Opposition
The main Parliamentary Opposition is calling for strict financial oversight and adherence to procurement laws as the government gears to execute billions of dollars...
Highest bid for Marriott Hotel now US$90M
The highest bid for the Guyana Marriott Hotel is now US$90 million, with four of the initial six bidders dropping out of the race.
American...
