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European trade mission coming to scout opportunities in Guyana as a regional hub

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The European Union (EU) is setting its sights on Guyana with an economic trade mission slated for November 20-22, 2023. The mission's core agenda is to explore and foster investment opportunities for EU companies in Guyana, showcasing the nation...
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Maduro’s main presidential challenger prefers World Court process to resolve Essequibo controversy

Kemol King -
María Corina Machado, the presidential candidate of Venezuela's main opposition coalition, has urged the government to adhere to the process at the International Court of Justice (ICJ) to resolve the Essequibo territorial controversy with Guyana. Speaking to publication EFE,...
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Avoid actions that would extend Guyana/Venezuela territorial controversy, UN Secretary General says

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The United Nations Secretary-General, António Guterres, is closely observing the escalating tension between Guyana and Venezuela regarding their border controversy. Stéphane Dujarric, the spokesperson for the Secretary-General, expressed in a recent statement that the Secretary-General is concerned about the...
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We decided to forego experience so locals could participate in bid round – Guyana VP  

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Guyana’s Vice President Dr. Bharrat Jagdeo told reporters on Thursday that the government was intent on ensuring Guyanese could participate in the country’s maiden bid round and this resulted in a decision being made to forego the requirement of...
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Prosperity FPSO delivery, Whiptail contract among highlights of SBM Offshore’s third quarter report

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The on-time delivery of the Prosperity floating production, storage and offloading (FPSO) vessel and the award of a new front-end engineering and design (FEED) contract for the Whiptail development project are among the key accomplishments noted by SBM Offshore...
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Blue Water Shipping successfully manages arrival of largest cargo ship in Guyana

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In a landmark achievement for Guyana's port infrastructure, Blue Water Shipping Guyana orchestrated the arrival of the MV Virtuous Striker, the largest cargo ship to ever dock in the Demerara River.  The vessel, boasting an impressive length of 190 meters,...
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Despite saying ICJ has no jurisdiction, Venezuela now set to participate in upcoming hearings on referendum

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Despite the Nicolas Maduro regime in Venezuela doubling down just days ago on its position that the International Court of Justice (ICJ) does not have jurisdiction on matters relating to the territorial controversy with Guyana, it will now participate...
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ExxonMobil completes US$1.26 billion purchase of Liza Unity FPSO

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ExxonMobil Guyana and SBM Offshore have completed the transaction related to the purchase of the Liza Unity floating production, storage and offloading (FPSO), just months ahead of the end of the maximum lease term, in February 2024. Announcing the completion,...
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Japanese firm MODEC to create over 300 jobs in world’s fastest growing economy

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A high-level team from Japanese shipbuilding company MODEC recently met with Guyana's Foreign Secretary, Robert Persaud in Tokyo, where an update on its local content plan and project operations were discussed. Persaud was at the time on a visit...
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Maduro doubles down on rejection of World Court’s jurisdiction days before scheduled hearings on referendum

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President Nicolas Maduro of Venezuela reaffirmed the country’s rejection of the International Court of Justice’s (ICJ) jurisdiction to resolve the territorial controversy with Guyana, in a November 7 post on X (formerly Twitter).  “Let no one be confused! Venezuela has...
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China’s first taste of Guyana’s Golden Arrowhead crude heads to Huizhou

A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking...

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