Gov’t approves Local Content Master Plans with new 45-day payment period
The Ministry of Natural Resources on Wednesday approved the Local Content Master Plans of tier-one contractors – SBM Offshore, Halliburton among others – operating...
One barrel of crude spills from Liza Unity FPSO; Exxon says matter fully contained
On Friday, September 9, 2022, ExxonMobil affiliate Eddo Exploration and Production Guyana Limited (EEPGL) said its team on the Liza Unity FPSO observed a...
Govt. instructs oil companies to pay locals within 30 to 45 days
The Ministry of Natural Resources through the Local Content Secretariat disclosed on Friday that it has ordered all foreign oil companies to pay Guyanese...
Guyana earned US$US$344M in oil revenues at half year from five lifts; to hit...
During the period January to June 2022, the government reported that it received five lifts of profit oil from the two producing vessels, Liza...
Guyana’s real economy grew by 36.4 per cent, non-oil by 8.3
The prudent management of the economy by the PPP/C government has resulted in a real growth in Gross Domestic Product (GDP) totalling 36.4 percent...
Second batch of Guyanese Trainee Technicians commence one-year programme in Canada- SBM Offshore
Dutch manufacturer for Guyana’s oil ships, SBM Offshore disclosed today that the second cohort of its Trainee Technicians arrived in Canada where they will...
Govt. committed to addressing unbundling of contracts, late payments to companies- Local Content Secretariat...
The Government of Guyana, through the Ministry of Natural Resources, was keen to remind today that it remains committed to dialogue with all stakeholders...
$2.5B contract inked for construction of new GNBS lab at Sophia
The Government of Guyana (GoG) through the Ministry of Tourism, Industry and Commerce, today, signed a GYD $2.5B contract with NABI Construction Inc., for...
Guyanese FPSO workers among “trailblazers” in the industry- Pres. Ali
President, Dr Irfaan Ali on Tuesday lauded the efforts of Guyanese crew on board the Liza Unity Floating, Production, Storage, and Offloading (FPSO) vessel,...
Jagdeo promises Exxon will be on the hook for all oil spill costs ...
In the midst of all the noise surrounding full coverage insurance for oil spills, there is one key message that puts the government and...
