Guyanese firm to construct US$25M wharf facility to support Baker Hughes’ oil sector operations
In a significant move to bolster its support for Guyana's offshore oil and gas activities, JOP Property Holdings Inc., a prominent Guyanese company, has...
Bid submissions for Guyana’s maiden auction sees third extension
The Ministry of Natural Resources has made an important announcement regarding the extension of Guyana's inaugural auction, the 2022 Licensing Round. The deadline for...
Guyana’s oil help save Hess second quarter profits from plunging beyond US$119M
In a noteworthy financial report today, renowned American oil producer, Hess Corporation, disclosed that it made a net income of US$119 million, equivalent to...
Is the Oil and Gas Governance Network a legitimate organization?
Dear Editor,
The Oil and Gas Governance Network (OGGN) has been given immense prominence by the publisher of Kaieteur News as an authoritative, legitimate, and...
South America a deepwater hotspot but faces gas monetisation, infrastructure woes- retired geologist
By Sueann Wickham
Latin America and South America have emerged as prominent hotspots for deepwater projects and exploration activities. However, the region faces challenges when...
The Natural Resource Fund, Withdrawals, and National Development Priorities
Summary
Pursuant to the Natural Resource Fund (NRF) Act, all withdrawals from the NRF to finance the National Budget are subject to approval by the...
Exxon seeking Guyanese companies to build access road for its new US$160M headquarters
ExxonMobil, the operator of Guyana's prolific Stabroek Block, is currently seeking companies to provide civil works and road construction services for its new headquarter...
34 students graduate from SBM Offshore’s Youth Literacy Programme
Dutch floater specialist, SBM Offshore, has successfully concluded the first year of its Enhancing Livelihoods Youth Literacy Programme, celebrating the graduation of 34 youths....
Guyana lifted 5 million oil barrels during second quarter; to get 10 million more...
Guyana’s Central Bank recently disclosed that Guyana lifted approximately five cargoes, each with one million barrels of oil during the second quarter of 2023....
Minister Singh furnishes House with first Annual Report for Natural Resource Fund
Senior Finance Minister, Dr Ashni Singh today presented to the National Assembly the inaugural Natural Resource Fund (NRF) Annual Report for the fiscal year...
