Govt. makes third US$207M withdrawal from oil account
Senior Finance Minister, Dr. Ashni Singh announced on Tuesday that the government made its third withdrawal from the Natural Resource Fund totalling US$207.6M (G$43...
Guyana finalizes US$759M contract for gas-to-energy project; vows stiff penalties for delays
Vice President, Dr. Bharrat Jagdeo disclosed today that the Engineering, Procurement, and Construction (EPC) contract for the 300 megawatts (MW) combined cycle power plant...
Guyana officially launches auction for 14 oil blocks with US$20,000 participation fee
President Irfaan Ali officially launched the nation's first competitive bid round for 14 blocks on Friday morning. The Head of State said submissions for...
Guyana Online Academy now offering marine training for oil sector
In an effort to support the development of Guyana’s expanding maritime and offshore industries, AA Maritime and Offshore Training Institute (AAMOTI) and the government...
Guyana to get US$750M from Hess for carbon credits; Amerindian communities to get at...
Hess Corporation, one of the developing partners on the Stabroek Block, signed a landmark agreement with the Government of Guyana today to purchase US$750M...
Guyana’s oil ship builder conducts career outreach engagement with Corentyne Comprehensive High School
On November 25, last, SBM Offshore engaged with the fourth and fifth form students of the Corentyne Comprehensive High School to apprise them of...
Canadian Trade Mission on the hunt for “win-win partnerships” in Guyana
A Canadian Trade Mission, which arrived here on Monday, is expected to spend the next three days on the hunt for "win-win" partnerships with...
Brazil, Guyana and Mozambique to be main drivers of 60 percent growth in deepwater...
A new report from international consultancy firm, Wood Mackenzie, finds that global deepwater production will increase 60% by 2030, reaching 17 million barrels of...
Canadian explorers must drill second well in Corentyne Block by January 2023
Frontera Energy Corporation and CGX Energy Inc., the Canadian joint venture partners in the Corentyne block offshore Guyana announced today, its continued commitment to...
Norton scared to demand more from Exxon 2016 deal; fears PPP will steal additional...
The well known idiom, caught between a rock and a hard place, best describes the bind in which APNU Leader, Aubrey Norton finds himself...