Govt. to invest US$10M to train 2000 Guyanese for jobs Exxon outsourcing overseas –...

President, Dr Mohamed Irfaan Ali recently revealed his intention to facilitate the training of 2,000 young Guyanese to take up jobs in the area...

VP Jagdeo forecasts debt clearance for Guyana in 2027 using single-year of oil revenues

With Guyana expected to produce over 1.2 million barrels of oil per day from the Stabroek Block by 2027, Vice President Dr. Bharrat Jagdeo...

Exxon FPSO builder seeks companies to supply potable water quality testing services

In a recent Request for Proposals (RFP), Guyana Deep Water Operations Incorporated (GDO), the local subsidiary of SBM Offshore, said it is looking for...

Trini company sees increased demand for its freight forwarding services in Guyana’s oil-driven market

Managing Director of Cargo Consolidators Agency (CCA), Sean Patience recently noted that his company has been seeing an increase in demand for its freight...

Guyanese recruitment firm receives int’l accreditation from American Bureau of Shipping

Pandora Energy, a Guyanese owned recruitment firm recently received international accreditation from the American Bureau of Shipping (ABS) for its manuals and systems for...

MODEC conducts first steel-cutting ceremony for Guyana’s Errea Wittu FPSO

Japanese vessel builder MODEC recently conducted the first steel-cutting ceremony for the Guyana-bound floating production and offloading storage (FPSO) vessel, Errea Wittu, in China. The...

Guyana expected to get 27 million barrels of oil from three ships

Guyana is poised to witness a significant boost in its share of oil production from the Stabroek Block with projections indicating a minimum of...

Guyana’s sixth FPSO named ‘Jaguar’- Min. Vickram Bharrat

Minister of Natural Resources, Vickram Bharrat revealed on Wednesday that Guyana’s sixth floating production storage and offloading (FPSO) vessel will be called “Jaguar.” That...

CGX’s Corentyne Block reduced by more than 5000 sq km – Minister confirms

Minister of Natural Resources, Vickram Bharrat confirmed on Tuesday that CGX Energy experienced a deduction of 5,206.1 sq km from its Corentyne Block, leaving...

Natural Resources Ministry projects US$720M spend on local content for 2023; 24% increase in...

The Ministry of Natural Resources has revealed a projected US$720M spend by oil companies on local content for the year 2023. According to the...

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