Guyana among few to help global oil industry in medium term recovery-OPEC
According to the latest report of the Organization of the Petroleum Exporting Countries (OPEC), Guyana is not only on track to see its oil...
IDB supports Guyana’s use of oil money to fund cash grants in bid to...
Given Guyana’s low Human Development Index (HDI) indicators, and its pressing development needs, the Inter-American Development Bank (IDB) holds the view that there will inevitably...
Guyana’s leaders need to be honest, transparent in oil sector or nation doomed to...
It is often said among Caribbean folk that “oil don’t spoil.” While this old adage may be true, former Vice Chancellor of the University...
Liza Project to receive towage support from leading European firm
With over 50 tugs active across the globe, the Netherlands’ leading maritime services provider, KOTUG, will be working in South America for the first...
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...
