UG students get tour of novel construction techniques at US$300M Vreed-en-Hoop Shore Base facility

Students of the University of Guyana’s Faculty of Technology this week got hands on exposure to the construction techniques being used for the artificial...

Guyana’s oil production set to soar with new developments- Mid-Year Report

Guyana, a burgeoning player in the global oil industry, has reported a significant upswing in its oil production in the first half of 2023,...

Despite T&T push to process Guyana’s gas, govt. must put nation’s interest first-Bhagwandin

In wake of Trinidad and Tobago's proposal to process a portion of Guyana's gas resources, local Financial Analyst, Joel Bhagwandin has emphasized the need...

Guyanese need legislative protection for local content – Ramson

“The state of affairs in Guyana regarding local content is becoming overwhelmingly disturbing. It was unfortunate enough that we were dealt a bad hand...

Opposition heightens call for 2 months to review new model PSAs; says rushing has...

The Opposition has made official, its position on the time needed for the public to review the drafts of the new model Production Sharing...

Just 40 of 250 companies at GIPEX were local – Organisers

Out of the 250 companies that took part in the second annual Guyana International Petroleum Summit and Exhibition (GIPEX) 2019, only 40 were local....

Trinidad formally expresses interest in refining Guyana’s oil

The government of Trinidad and Tobago has formally expressed interest in having an arrangement with Guyana to refine its oil. This was noted in...

Afro-Guyanese couple awarded 2 oil blocks

International Group Investment Inc. (IGI), a 100% Guyanese owned and operated company, was recently deemed eligible for two shallow water blocks called S5 and...

G-Boats launches ‘Madame Kalina’ and ‘A’rinra’ tugboats to propel offshore operations

G-Boats Guyana, a notable joint-venture between John Fernandes Limited and United States-based company Edison Chouest Offshore, has successfully launched two prominent tugboats, Madame Kalina...

Guyana’s oil revenues to reach GY$2.3 Trillion by 2028 – IMF Report

By 2028, Guyana’s oil revenues will reach at least GY$2.3 Trillion (US$11B) in royalties and profit oil from at least six floating, production, storage...

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