25 Guyanese being trained to work on Liza Destiny that’s roughly the size of...
For those who have not had the chance to lay eyes on the Liza Destiny, this Floating Production Storage and Operating (FPSO) vessel, is...
Maersk hired to drill Kawa-1 well in Corentyne block
Frontera Energy Corporation and CGX Energy Inc, joint venture partners on several Guyana projects, disclosed moments ago that Maersk Drilling Holdings Singapore Limited has...
Draft oil law proposes jail time, $10M fine for Govt. officials, family members with...
Government officials and their family members will be prohibited from obtaining licences or ownership interests in petroleum exploration and related activities under the proposed...
Ramson’s advice for Guyana’s SWF goes contrary to that given by int’l groups
Oil and Gas Academic and Attorney-at-Law, Charles Ramson recently made a presentation on Sovereign Wealth Funds (SWF) with particular focus on what Guyana needs...
Govt.’s new advisor on Petroleum versed in serving interests of oil companies
British Petroleum, ConocoPhillips, Premier Oil and Maersk Oil are just a few of the heavyweights of the oil industry that the Government’s newly appointed...
MARAD to review travel history of all offshore workers, plans in place for COVID-19...
In light of the growing number of COVID-19 cases, the Maritime Administration Department (MARAD) has stepped up its monitoring systems for all offshore vessels....
Corentyne block’s Kawa-1 well to be drilled in second half of 2021-CGX
CGX Resources Inc recently informed the market that the Kawa-1 exploration well in the Corentyne block is scheduled to be spud during the second...
In low oil price environment, Exxon unlikely to consider amending Guyana deal- Consultant
As the government continues to work through the environmental issues plaguing the approval for ExxonMobil's Payara Field Development Plan (FDP), there have been increased...
Guyana oil account earns $45B for 2023 first quarter- Report
Guyana’s Central Bank reported today via its first quarterly report for 2023 that the Natural Resource Fund (NRF) saw inflows amounting to G$45.7B (US$219.45...
MACORP poised to develop multi-million dollar wharf at Providence
Machinery Corporation of Guyana Limited (MACORP) has disclosed its intention to develop a multi-million dollar wharf at its Providence, East Bank Demerara (EBD) location. MACORP...
