Since the discovery of oil in Guyana back in 2015, there have been mounting calls for Local Content Legislation. While some believe this legal backing may...
Following several rounds of consultations with industry stakeholders, Guyana’s Local Content (LC) Panel which was assembled September last by President Irfaan Ali to prepare...
Instead of strict requirements, Guyana could incentivize companies to achieve local content targets – Dr. Marcel
When oil producing nations pursue the development of a local content policy, one of the challenges that often emerges, is striking the balance between...
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...
Thirty companies have received offers of ownership interests in a total of 61 production licences on the Norwegian Shelf in the Awards in Predefined...
The Guyana Oil and Gas Energy Chamber (GOGEC) says it plans to play a major role in the development of the country’s oil and...
(Reuters) - Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming...
A flurry of activity is expected offshore Guyana this year as U.S. oil major ExxonMobil ramps up its search for even more hydrocarbons, targeting...
Following the devastating effects of the coronavirus pandemic on the oil industry, multiple stakeholders have posited that the sector would never see pre-2019 oil...
Based on the previously announced Conditional Letter of Award, Maersk Drilling said on Sunday that it has been awarded contracts for the deepwater rigs...
(S&P Global Platts) Crude oil futures tumbled during the mid-morning trade in Asia January 18, as rising coronavirus cases in China raised fresh demand-side...
Letter-to-the-Editor: Guyana needs to be wary of so-called foreign experts pronouncing on its economic affairs
Dear Editor, Guyana needs to be wary of the many so-called foreign experts who are seeking to dominate the local press and pronounce on Guyana’s economic affairs. To this end, particular reference is made to the commentaries of Tom Sanzillo, Director of Financial Analysis at the Institute of Energy Economics and Financial Analysis (IEEFA), and Gerard Kreeft, another so-called energy transition advisor. Tom Sanzillo sought to argue without any facts or any real analysis – that...
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