Japanese FPSO builder seeking Guyanese to develop Local Content Reports

MODEC, the Japanese contractor responsible for constructing the remarkable 'Errea Wittu' vessel for ExxonMobil's Uaru project, is currently seeking proficient local companies to provide...

Oil, Agriculture, Construction sectors keeping Guyana on track for strong 25% GDP growth- Central...

The Guyanese economy remains on track for a 25.1 percent growth rate for 2023 as the oil, agriculture and construction industries continue to deliver...

Guyana’s flawed systems hampering production of accurate reports on revenues received from extractive sectors...

The Extractive Industries Transparency Initiative (EITI), a global body that promotes accountability in the exploitation of natural resources, has urged Guyana to reform systems...

Govt. will soon update targets in Local Content Law – Min. Petroleum Coordinator

Key amendments will soon be made to the targets enshrined in the Local Content Law 2021 so that Guyanese can better support the booming...

Stabroek Block partner funds 4 scholarships for Guyanese to study Petroleum Sciences in China 

CNOOC Petroleum Guyana Limited (CPGL), one of the partners in the oil rich Stabroek Block, on Friday awarded scholarships to 4 Guyanese students to...

Local consortium acquires stake in offshore catering services provider, Newrest Guyana

A consortium of local catering and food service operators, Guyanese Achieving Together Enterprises (GATE), has achieved a significant milestone by acquiring a substantial equity...

Prof. C. Kenrick Hunte needs to perform proper financial analysis

Dear Editor, Reference is made to Prof. C. Kenrick Hunte’s letter in the Kaieteur News edition of July 13, 2023, with the caption “EEPGL a...

Guyana needs skilled personnel, creative financing to realize full potential of Local Content Law...

Though Guyana may be eight years into the oil industry, Chairman of CGX (Guyana) Energy, Professor Suresh Narine recently posited that the country still...

Bhagwandin pens open letter on EEPGL’s interest rate to KN Publisher Glenn Lall

Dear Mr. Lall, I am writing in reference to the “Blunt” section in the Tuesday edition of Kaieteur News dated July 11, 2023, with the...

Guyana poised to surpass US, Mexico, and Norway as fourth largest offshore oil producer...

By 2035, Guyana is poised to become the fourth largest offshore oil producer, surpassing renowned players in the global oil and gas industry such...

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