Guyana’s oil production reached its highest last November with 389,000 barrels per day
Production data produced by the Ministry of Natural Resources show that Guyana recorded its highest output level in November 2022, reaching 389,000 barrels of...
Exxon’s UK driller seeking Guyanese to provide offshore medical support services
World-renowned UK driller, Noble Corporation said it is seeking information from appropriately qualified local professionals to provide offshore medical support services aboard its advanced...
New Island comes into view as US$300M Port Vreed-en-Hoop Project gets underway
Vreed-en-Hoop Shore Base Inc (VESHI) announced today that it has started the new year with the emergence of the first part of its artificial...
US deeply interested in helping Guyana be a success story with oil – Ambassador...
With Guyana’s advantaged barrels in the Stabroek Block setting it amongst the elite producers to survive the energy transition, the United States said it...
Gov’t receives survey charts for expanded Demerara River channel
The Public Works Ministry received survey charts for the expanded Demerara River channel from RG holdings’ Vreed-en-Hoop Shore Base Inc on Friday.
With the expansion...
Mult-million dollar investments in local content paying off; 4400 Guyanese now supporting our operations...
President of ExxonMobil Guyana, Alistair Routledge believes that early capacity-building investments are paying dividends as seen in the growth of local content numbers in...
Opposition commends Govt. for oil-backed cash transfers but slams flawed disbursement processes
While the government’s oil-backed cash transfers are commendable, Leader of the Opposition, Aubrey Norton believes the processes used for its implementation are questionable.
Norton, during...
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...
