Joel Bhagwandin challenges Tom Sanzillo on his “perplexing” oil spill modelling for CARICOM territories

Dear Editor, I am writing in reference to an article published in the Sunday May 28th edition of the Kaieteur News, with the caption “Countries...

Fiscal terms of draft model PSAs will not change – VP

No amount of dissatisfaction expressed by oil companies about the draft model Production Sharing Agreements (PSA) will result in any altering of the fiscal...

Guyana eyes collaboration with Suriname on gas development- Jagdeo

Vice President Dr. Bharrat Jagdeo disclosed today that the country’s National Gas Strategy will encompass a comprehensive examination of key areas, including the potential...

US$2B Parent Company Guarantee relative to size of Exxon’s Operations here

Dear Editor, I have noted an article in today’s edition of Kaieteur News (May 25th, 2023), citing Tom Sanzillo who argued that he finds it...

US Subsea Solutions Provider Secures Contract for to supply connection systems for Gas-to-Energy Project

Trendsetter Engineering Inc., a distinguished subsea solutions company based in Houston, Texas, has been awarded a contract to supply TC11 Connection Systems to ExxonMobil...

Aker Solutions to deliver cutting-edge equipment for ExxonMobil’s Uaru project

Aker Solutions, a Norwegian company renowned for its expertise in engineering and subsea services, has been bestowed with a substantial contract by ExxonMobil Corporation...

Five major oil players get govt. approval for multi-mullion dollar Local Content plans

The Ministry of Natural Resources (MNR) has approved the Local Content Annual Plans of the five major oil companies operating in Guyana for 2023....

Special oil auditing unit underway at GRA- Jagdeo confirms

The Guyana Revenue Authority (GRA) has been given approval by the government to establish a special auditing unit that will focus on the oil...

Unpacking Kenrick Hunte’s flawed analysis on Guyana’s oil & gas industry 

Summary The recent analysis by Kenrick Hunte suggests that he hasn’t taken the time to study petroleum economics literature. At least the basics. Because, had...

PSC worried about possible impact of Justice Kissoon’s ruling on Exxon insurance for oil...

Please see full statement below from the Private Sector Commission:  The Private Sector Commission (PSC) is profoundly concerned over the controversy which has arisen with...

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