Saturday, June 3, 2023

Editorial

Guyana: Managing Local Content Expectations

The need for, and introduction of requirements for local content in Guyana’s emerging oil and gas industry, continues to engage the attention of stakeholders and the public at large. Even as a draft local content policy framework is being...

How oil revenue will be used in Guyana remains unclear

With just 3 years remaining before Guyana produces first oil, the country’s government is yet to roll out a clear development plan outlining how projected revenues from oil production and royalties will be used. With weak infrastructure and deficiencies in...

Latest News

Environmental concerns halt Petrobras’ plans for equatorial prospect in offshore Brazil

Petrobras had plans to drill the Morpho 1-APS-57 prospect in block FZA-M-059 but this was stopped short when the...