The newly appointed Advisory Panel on Local Content in Guyana will begin reaching out to key stakeholders this month as work continues...
Guyana’s Minister of Natural Resources Vickram Bharrat said on Tuesday that the recently appointed Local Content Advisory Panel has already commenced work...
Draft local content legislation should be ready for Parliament by the end of the year in South America’s newest oil producing nation...
Trinidadian energy consultant Anthony Paul says details for his engagement with the Government of Guyana to review the country’s Local Content Policy are being...
(Bloomberg) --Oil fell sharply with broader markets as renewed restrictions on movement in Europe clouded the outlook for consumption once again. Crude futures in New...
Hess Corporation, a 30 percent stakeholder at the Stabroek Block offshore Guyana, said on Wednesday that the estimated gross discovered recoverable resources have been...
French multinational oil and gas company Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the...
Uncompetitive fiscal regimes, poor reservoir quality behind stalled development of over 11 billion boe
A new study by Westwood Global Energy Group shows that 11 billion barrels of oil and 36 billion barrels of oil equivalent (boe) gas...
In addition to employing Guyanese in the oil and gas industry, local content development also includes investing in these human resources and developing the...
China National Offshore Oil Corporation (CNOOC), a 25% stakeholder in Guyana’s Stabroek Block, said it achieved a total net production of 131.2 million barrels...
(Reuters) Crude inventories at Venezuela’s main oil export terminal, Jose, have hit their highest levels since August as customers shy away from state oil...
Keep in mind, however, that most fiscal systems in the world are moderately regressive. The revenue the governments receive will go up, but Government Take will go down on average. Finally, it is important to remember that the differences in fiscal terms across systems are not necessarily due to the different families being used, similar terms can be achieved across all of these systems. Rather, differences reflect varying conditions in the diverse environments in...
Fast4Ward® hull for Liza Unity FPSO moves into dry dock
SBM Offshore Reports Positive Performance for 2019
First Tanker to Lift Guyana's Oil
Liza Destiny FPSO sets sail for Guyana
Interest in Guyana soars as companies ask; “how do we get in?”
ExxonMobil makes double discoveries in Guyana