In 3 yrs, Local Content Law ensured oil companies procured US$1.5B in services from...
Picture this – you are a Guyanese, your trade is food catering and you possess the necessary certifications. Business is good, but it certainly...
Oil rigs to benefit from Digicel’s newly activated subsea fibre cable
The Digicel Group has activated its state-of-the-art subsea fibre cable, Deep Blue One, which will now see offshore oil and gas rigs being provided...
Natural Resources Ministry issues RFI for 3D seismic surveys
The Government of Guyana, through its Ministry of Natural Resources (MNR), has issued a Request for Expressions of Interest (REOI) from companies capable of...
Guyana empowered to ensure coverage of all oil spill costs beyond Exxon’s US$2B parent...
While an ExxonMobil-consortium in the Stabroek block has furnished Guyana with a US$2 billion parent company guarantee for oil spills, as well as a...
Chevron could outperform Exxon on stock market if arbitration case resolved this year –...
The ongoing dispute between ExxonMobil and Chevron over the purchase of Hess’ 30 percent stake in the Stabroek Block could be a decisive factor...
Guyana will not have more FPSOs if oil reserves at Stabroek Block increase-Jagdeo
Vice President, Dr. Bharrat Jagdeo on Thursday addressed questions regarding updates on the oil reserves in the Stabroek Block. He noted that regardless of...
El Dorado Offshore, Noble Corp. and MATPAL award scholarships to six Cadet Officers
In a significant development for Guyana's maritime sector, El Dorado Offshore (EDO), Noble Corporation, and MATPAL announced a new scholarship programme that will propel...
Arbitration still looms over Chevron’s acquisition of Hess despite shareholders’ approval of US$53B sale
Shareholders of Hess Corporation voted on Tuesday to approve a US$53 billion sale to Chevron Corporation. Despite this step, the ongoing arbitration case between...
BritCham Guyana set for launch in Central London
The British Chamber of Commerce Guyana (BritCham Guyana), a premier business organization dedicated to fostering bilateral trade and investment between the United Kingdom and...
Total-led group is only winning bidder that passed Cabinet approval stage – GS Jagdeo
A consortium led by TotalEnergies, in partnership with Petronas and Qatar Energy, has emerged as the only winning bidder to have passed the Cabinet...
