Canadian pipelines company wins US$48.8M contract for Payara Project
Leading pipeline coatings company, Shawcor, has been awarded a US$48.8M contract to provide thermal insulation and anti-corrosion coating services for ExxonMobil’s third development project...
IMF downgrades Guyana’s 2020 growth to 26.2 %
In the first half of the year, the International Monetary Fund (IMF) had projected that Guyana would grow by some 53 percent. But given...
Chatham House Expert urges Govt. to monitor ExxonMobil’s procurement practices, strategies
Even though the People’s Progressive Party/ Civic (PPP/C) Government has made it pellucid that it expects to see ExxonMobil and other oil majors doing...
Guyanese companies need to evolve from “old ways” of doing business, the oil sector...
If the Government of Guyana wants to ensure that it has an oil sector that gives first preference to local companies for the procurement...
Guyana’s oil too attractive to be daunted by pandemic-Veteran investor
Even though the COVID-19 pandemic has unleashed unprecedented pains on major oil producers while putting billions of dollars in offshore projects on hold, Guyana...
Guyana must avoid “biting more than it could chew” with local content law -Analyst
While the government has already indicated that it expects to see more local content inputs from ExxonMobil and other industry players following the introduction...
Noble Corp. secures extended contract for drilling offshore Guyana
Noble Corporation plc recently announced that its ultra-deepwater drillship called the Noble Tom Madden, has been awarded approximately 6.5 years of additional contract term...
Hess sells Gulf of Mexico interest for US$505M, proceeds to be invested in Guyana...
American exploration and production company, Hess Corporation, informed the market today that it has entered into an agreement to sell its 28 percent working...
ExxonMobil’s safety drilling and production operations to undergo rigorous audit this year- Production Licence
Drawing on the lessons learnt from the award of petroleum production permits with ambiguous terms and loopholes for abuse, the People’s Progressive Party /...
Guyana eliminating use of fossil fuels by 2025 impossible; Granger’s commitment to Paris Pact...
By Suraj Narine
Guyana’s commitment under the Paris Agreement on Climate Change to become one hundred percent reliant on renewable energy by 2025 is impracticable....
