Canadian partners seeing oil in Wei-1 well but yet to determine commerciality
Frontera Energy Corporation along with CGX Energy announced on Wednesday evening that the Wei-1 well on the Corentyne block, approximately 200 kilometres offshore from...
Commercial banks are the only ones not investing in Guyanese; yet to improve access...
Former President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, has once again stressed the importance of easier access to finance...
Natural Resources Ministry projects US$720M spend on local content for 2023; 24% increase in...
The Ministry of Natural Resources has revealed a projected US$720M spend by oil companies on local content for the year 2023. According to the...
Local Content Secretariat gets $50M injection for 2023
The Local Content Secretariat is poised to receive a $50M injection for 2023 following the scrutiny of the Ministry of Natural Resources' budget by...
Govt. allocates over $200M to support offshore inspections in oil sector, other management activities
The Ministry of Natural Resources has set aside $204M for a suite of petroleum management activities. In providing a breakdown of some of the...
ExxonMobil to host forum on biodiversity, environmental consultancy services
Operator of the Stabroek Block and ExxonMobil Corporation’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), is organizing a Request for Information (RFI) Clarification...
Expressions of Interest already rolling in for excess gas from Wales Gas-to-Energy Project –...
Guyana’s Vice President, Dr. Bharrat Jagdeo recently revealed that the demand for excess gas from the country’s US$2B Gas-to-Energy initiative is already secured throughout...
Opposition MP criticizes govt.’s poor handling of oil spill coverage, cost oil audits
Opposition Member of Parliament (MP) Shurwayne Holder on Tuesday strongly criticized the government's handling of the oil and gas sector in Guyana. Highlighting concerns...
US Coast Guard, CDC facilitate virtual training for National Oil Spill response
The United States Coast Guard (USCG) through the US Department of State, and the Civil Defence Commission (CDC) yesterday concluded a three-day (February 15...
Govt. completes amendments to Liza Phase 1 plans to support US$2B gas-to-energy project
The Government of Guyana has completed the necessary amendments to the Field Development Plan (FDP) for the Liza Phase One Project to ensure all...
