“Quite successful” was the review given by Americas Market Intelligence (AMI) Energy Co-Director, Arthur Deakin, to the results of Guyana’s first licensing round. However, the analyst says more transparency is needed regarding details of the bids.
The bids were...
SBM Offshore, builder of Guyana's floating production, storage and offloading (FPSO) vessels, has made another achievement in its pursuit of cleaner, greener energy solutions, this time by harnessing the power of the ocean to generate wind energy.
The company successfully...
Guyana's political landscape is often polarised, but when it comes to Venezuela’s claims for their territory, they are never at loggerheads.
The government and opposition are aligned against a recent threat from Venezuela.
Amanza Walton-Desir, Member of Parliament and Shadow Minister...
Venezuela’s latest threats against Guyana were brought to the world stage by its President, Dr. Mohamed Irfaan Ali who reaffirmed that his government remains resolute in its bid to resolve the border controversy with the Bolivarian Republic in an...
Guyana has signaled that Venezuela’s recent statements on the ongoing border controversy, including attempts to undermine Guyana’s bid round, are a threat to peace in the region.
The Venezuelan government has criticised Guyana's decision to hold a licensing round for...
Secretary General of the Organization of American States (OAS) Luis Almagro has criticized Venezuela for what he deems are “intimidatory tactics” after the Spanish nation condemned Guyana’s recent bid round.
Hours after Venezuela’s communique, Almagro took to Twitter and said:...
The Government of Guyana has adjusted its growth forecast for 2023, elevating it from 25.1 percent to 28.2 percent. This revision, evident when comparing the administration’s mid-year report with the 2023 National Budget, is attributed to the robust performance...
Two seismic industry leaders, TGS and PGS, have embarked on a merger, valued at US$863.74 million, in a bid to establish a more potent and diversified geophysical entity. The union aims to harness technology and innovation to revolutionize the...
Touchstone Exploration Inc. has successfully reached its target production rate at the Cascadura project within a week of the project coming online. The company announced that it achieved its forecasted Cascadura gross natural gas production rate of 60 million...
President of Guyana, Dr. Mohamed Irfaan Ali, is staunchly reaffirming Guyana’s right to pursue economic activities within its territory, after a recent statement by the Bolivarian Republic of Venezuela condemning Guyana's offshore licensing round.
In the official release, Venezuela stated:...
