Saudi Arabia, Trinidad & Tobago, China among 29 competing to market Guyana’s oil

Saudi Arabia’s Aramco Trading, Trinidad and Tobago’s National Gas Company, and China’s state-owned PetroChina, are among the 29 companies competing to market Guyana’s sweet,...

SBM Offshore moves ahead with completion of Payara FPSO ; says Guyanese engineers will...

Dutch vessel manufacturing company, SBM Offshore, was pleased to announce today that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil...

Local Content Panel to submit report in November

Once proper consultations are completed with the relevant stakeholders, the Local Content Panel which was established in August by the Irfaan Ali administration will...

Stabroek Block poised to produce 900,000 barrels of oil per day by 2025-Rystad Energy

Thanks to the discovery of more than eight billion barrels of oil equivalent resources in the ExxonMobil operated Stabroek block, Rystad Energy recently noted...

Guyana, Brazil to account for more than 1/3 of offshore investments to be sanctioned...

Cognizant of the fact that the COVID-19 pandemic will continue to place the profit margins of more companies under strain, leading industry analysts note...

PPP seems hell bent on going down the same road as PNC-Education Consultant

Despite the numerous warnings of local and international stakeholders on using the approval process for the Payara Field Development Plan as leverage to get...

Ali must ensure electoral reform; address social, political problems before 2025 – Economist

In the eyes of regional and international observers, President, Irfaan Ali has assumed office during a most turbulent time; a time which presents unprecedented...

Office of the President’s direct oversight of oil money not ideal for transparency-Analyst

Even though Office of the President has said it will perform an oversight role for the oil sector, including how moneys would be expended,...

Local Content Law that is too extreme will inhibit development-Analyst

Industry stakeholders are of the firm conviction that Guyana has, and must, move forward with a new local content law to ensure widespread participation...

Guyana should resist urge to borrow against future oil receipts in the midst of...

Guyana’s entrance into the elite world of petroleum producers was expected to be on a high note as global agencies such as the International...

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