Financial Analyst raises concerns over Exxon’s procurement practices; calls for amendments to Local Content...
Financial Analyst Joel Bhagwandin, representing his financial firm, SphereX Professional Services, has put forth a series of compelling recommendations on possible amendments to the...
Appellate Court Judge conditionally stays order for Exxon to provide unlimited guarantee for oil...
Appellate Court Judge, Justice Rishi Persaud on Thursday issued a stay of execution on a High Court order for ExxonMobil and partners to provide...
Guyanese-Canadian Investors to build $2B Vreed-en-Hoop Plaza in proximity to US$300M shore base
Once regulatory approval is received from the Environmental Protection Agency, a Guyanese-Canadian Group will commence construction of a massive $2B plaza at Vreed-en-Hoop. The...
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...
High-profile investors gathering in Guyana to explore economic opportunities
As investors continue to cast their eyes on Guyana’s burgeoning economy, a a delegation comprising esteemed investors from the United States (US) and the...
Bhagwandin responds to Rajendra Bissessar’s concerns about cost recovery for Stabroek Block
Dear Editor,
My attention was drawn to a letter in today’s edition of Kaieteur News (June 6th, 2023), with the caption “we need answers”, by...
Ramps Logistics Guyana set to invest US$5M loan in luxurious apartment complex at Turkeyen
Ramps Logistics Guyana has approached the Environmental Protection Agency (EPA) for its blessings to construct a state-of-the-art housing facility at Lots 37 & 39...
Investor group to sink US$25M into new Friendship Port facility
A group of investors under the umbrella of Diamond Property Management, Inc. (DPM) and doing business as Diamond Shorebase Inc (DSB), has purchased 6...
MACORP poised to develop multi-million dollar wharf at Providence
Machinery Corporation of Guyana Limited (MACORP) has disclosed its intention to develop a multi-million dollar wharf at its Providence, East Bank Demerara (EBD) location. MACORP...
Analysis of EEPGL, HESS and CNOOC’s 2022 Financial Statements
Summary
Guyana’s net take inclusive of local content spend together with the government’s take cumulatively as of 2022 amounted to G$697.7 billion or US$3.34 billion...
