Exxon addresses concerns about cost recovery audit; says it acted in good faith
ExxonMobil Guyana Limited which operates the oil-rich Stabroek Block, recently addressed concerns about the controversy surrounding the ongoing audit of its expenses totalling US$1.7B,...
Exxon contractor Halliburton looking to build new office to bolster operations
United States-based oil field services firm, Halliburton Guyana Inc, has issued an Expression of Interest (EOI) for the construction of a new office to...
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. issues invitation for bids to market crude from 3FPSOs
The Ministry of Natural Resources has issued an invitation for companies to submit bids to market the country’s share of profit oil from the...
Ministry to probe Petroleum Unit’s mishandling of Exxon’s $214M in questionable expenses- VP Jagdeo
The Ministry of Natural Resources is expected to conduct an investigation into its Petroleum Unit’s mishandling of an audit that flagged US$214M in questionable...
Canadian-Guyanese family to open golf oasis near CJIA next year
A Guyanese family from Canada is set to launch their latest endeavor, the ‘Timehri Sands Golf & Country Club (G&CC)’. This much-anticipated project is...
Guyana Govt. urges Venezuela to cease threats, adhere to int’l obligations
The Guyana Government has issued a formal response to a concerning communique released by the Government of the Bolivarian Republic of Venezuela which objected...
EPA says it is vigilantly monitoring discharge of produced water during offshore operations
In an effort to safeguard the marine environment in Guyana's Exclusive Economic Zone (EEZ), the Environmental Protection Agency (EPA) said it is closely monitoring...
Despite more stringent terms, Guyana’s 1st oil blocks auction a success; offers key lessons...
By Sueann Wickham
Vice President, Dr. Bharrat Jagdeo recently shed light on the country's first-ever oil blocks bid round and the crucial lessons learned from...
Italian company SICIM lands contract for Gas-to-Energy Project
Italy-based oil and gas services company, SICIM has been awarded a pivotal role in Guyana's Gas-to-Energy Project, valued at an impressive US$55 million. This...
