Exploration Country Manager of Repsol Exploration Guyana S.A. Ryan Ramjit, believes that while the Extractive Industries Transparency Initiative (EITI) is “no silver bullet” it is extremely important for enhancing transparency and accountability.
He was speaking on Saturday July 15, 2017...
Guyana’s private sector is set to benefit from new avenues for finance and investments with the signing of an Agreement for Encouragement and Protection of Investment with the OPEC Fund for International Development (OFID).
The country’s Minister of Finance, Winston...
Excitement was high on Saturday at the head office of El Dorado Offshore (EDO) in Georgetown, as another batch of Guyanese workers prepared for the 120-mile journey offshore to the Stena Carron Drillship.
Stena has selected 12 Guyanese nationals through...
“We are not in a sprint, we are in a marathon” were the words echoed by Guyana’s Minister of Natural Resources, Raphael Trotman, at the opening of ExxonMobil’s Centre for Local Business Development on Thursday. The US supermajor’s Country...
US supermajor ExxonMobil officially declared open its Centre for Local Business Development in Georgetown, Guyana, on Thursday. This new facility will assist small and medium-sized Guyanese businesses with building their capacity and improving their competitiveness in the oil and...
TechnipFMC, a leading provider of oil and gas projects, technologies, systems and services, says it has an aggressive local content policy and “big plans for Guyana” as it moves forward with development work offshore the South American country. The...
Premier Oil, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, announced Wednesday that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery. The Zama-1 well is...
Significant jobs and prosperity await Guyana, but only if revenues from oil production, set to begin in 2020, is invested wisely. Deputy Chief of Mission of the US Embassy in Guyana, Terry Steers-Gonzalez, says the time for policy makers...
Country Manager says it doesn't matter whether shore base is in Georgetown or Berbice
Country Manager of ExxonMobil Guyana, Rod Henson, said it does not matter whether an onshore logistics base to support the Liza development project is located at...
Oil booms result in bursts of economic growth, but this is often followed by a downturn that severely affects countries unprepared to mitigate the effects of falling prices. The head of the Guyana Oil and Gas Association (GOGA) says...
Guyana has rejected Venezuela’s objection to a planned three-dimensional multi-client seismic exploration program within its Exclusive Economic Zone (EEZ),...
