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SBM Offshore Guyana marks 10th Annual Life Day with focus on Safety and Environment

SBM Offshore Guyana celebrated its tenth annual Life Day on June 27, 2023. The event, held under the theme 'Observe and Intervene,' focused on raising awareness about the environment and potential hazards while stressing the importance of accident prevention...

Asia Pacific region’s energy transition to benefit from major boost through TotalEnergies-Petronas partnership

The Asia Pacific region's efforts toward a sustainable energy future have received a significant boost with the announcement of a strategic collaboration agreement between TotalEnergies and Gentari Renewables Sdn Bhd, the clean energy solutions company of Petronas. This partnership...

Ramps drops claim for damages against Guyana, says it recognises significance of local content

Ramps Logistics (Guyana) Guyana dropped its claim for damages in the case it had brought before Guyana to secure its Local Content Certificate, which was initially refused.  Ramps Director, Shaun Rampersad, informed the government in a letter that it dropped...

BP, Reliance announce start-up of MJ gas, condensate project offshore India

BP and Reliance Industries Limited (RIL) have confirmed the successful start-up of the MJ gas and condensate project. Located offshore the east coast of India, MJ represents the third major deepwater development brought into production by the RIL-bp consortium...

NGC expands presence in Trinidad’s gas industry with upstream asset acquisitions

The National Gas Company of Trinidad and Tobago Limited (NGC) has taken a significant step forward in expanding its footprint in the country's gas industry with a series of strategic acquisitions of upstream gas assets.  NGC, through its wholly owned...

A Crucial Link for Oil and Gas Revenue Sharing: Managed Migration and Sustainable Human Development

By Dr. Terrence Blackman and Dr. Carolyn Walcott - OilNOW International and Caribbean regional forecasts indicate that Guyana's oil wealth will significantly enhance its global socioeconomic standing and create opportunities for its traditional sectors, such as agriculture and renewables, to...

About 60 companies expected for Guyana’s National Small Business Week 2023

Guyana's National Small Business Week is set to kick off from July 21-29, 2023, and this year's edition is expected to feature the participation of around 60 small businesses. Under the theme of "Strategic Collaboration for Success," the event...

Guyana to welcome second US Secretary of State in four years

Secretary of State Antony J. Blinken is set to embark on a diplomatic visit to Guyana. The visit is part of Secretary Blinken's broader engagement in the Caribbean region, where he will participate in the Caribbean Community (CARICOM) Heads...

Former oil minister’s book on Stabroek Block PSA will have no effect on gov’t policy position – Jagdeo 

While Guyana’s former Minister of Natural Resources, Raphael Trotman is now expressing support for a renegotiation of the Stabroek Block Production Sharing Agreement (PSA) which governs one of the world’s largest oil fields, the contract will remain intact. This...

Guyana, Brazil to account for 30% of global subsea tree installation – Rystad Energy

South American neighbours Guyana and Brazil are the driving force behind 30% of global subsea tree installations all the way up to 2030, according to Rystad Energy projections.  The Norway-based firmt said investments in offshore services are expected to balloon...

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US Navy fighter jets fly over Guyana in gov’t-approved exercise

The government of Guyana and the United States Embassy in Guyana announced a flyover of two U.S. Navy aircraft,...