Treasury funding for gas-to-energy project climbs to US$855M as govt. approaches House for more...

The Government of Guyana (GoG) on Monday approached the Committee of Supply for $25.3 billion more (about US$121 million) to advance the highly anticipated...

Procurement rules by oil and gas companies now under scrutiny- Local Content Secretariat, Director

The Local Content Secretariat is examining the procurement guidelines being used by companies operating in Guyana’s oil and gas sector, as several inconsistencies and...

SBM secures US$1.5 Billion to finance construction of Guyana’s FPSO Jaguar

SBM Offshore has successfully completed the project financing for Guyana’s FPSO (Floating Production Storage and Offloading) unit, Jaguar, raising a total of US$1.5 billion....

India sees Guyana as key to its energy security– Modi

India’s Prime Minister, Shri Narendra Modi, highlighted Guyana’s importance to India’s energy security during his address to the Twelfth Parliament of Guyana on Thursday. Prime...

Guyana open to future oil sale to India – Jagdeo

Vice President Dr Bharrat Jagdeo has clarified that while no direct agreement for crude oil sales to India is currently under discussion, Guyana remains...

Exxon walks away from Guyana’s oil blocks auction

Vice President, Dr. Bharrat Jagdeo announced on Thursday that ExxonMobil Guyana Limited has pulled out of discussions for a shallow water block it had...

Guyana, India sign MoUs to advance cooperation on oil and gas, health care, other...

The Governments of India and Guyana have signed five historic Memoranda of Understanding (MoUs), with a spotlight on the energy and hydrocarbons sector, alongside...

Local Content Regulators reviewing partnership agreements with “fine-tooth” comb

The Government of Guyana has made known, on several occasions, its intolerance for foreign companies that engage “rent-a-citizen” and “fronting” schemes to flout the...

Suspended auditor was never part of proposal to audit Exxon’s US$7B expenses- Haynes clarifies

The VHE Consortium that was contracted by the Guyana government to audit ExxonMobil and partners' Stabroek Block expenses, came forward to address certain inaccuracies...

ExxonMobil and partners celebrate 500 Million barrels of oil produced from Stabroek Block in...

ExxonMobil Guyana and its Stabroek block co-venturers, Hess and CNOOC, today announced that they reached 500 million barrels of oil produced from Guyana’s offshore...

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