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Guyanese officials are currently in talks with the African Export-Import Bank (Afreximbank) for a US$500 million bridge financing that can be used to fund the government’s massive infrastructure programme. President Dr. Irfaan Ali made this revelation during the opening...

Standing on the land Venezuela is attempting to claim as its own, Guyana’s President Dr. Irfaan Ali affirmed that his country does not plan on surrendering its territory.  “This Essequibo is ours, every square inch of it,” he declared on...

The jurisdiction of the International Court of Justice (ICJ) to preside over the Guyana-Venezuela border controversy case does not seem to matter to the Nicolas Maduro-led administration.  In fact, President Maduro himself told state press that “Venezuela has never recognized...

Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field, located approximately 200 kilometers off the coast of the state of Rio de Janeiro, Brazil. The field is situated...

Guyana has turned to the International Court of Justice (ICJ) to block Venezuela’s December 3 referendum which seeks to garner support for the annexation of the Essequibo region - approximately two-thirds of Guyana’s territory.  The official request was filed on...

David Goldwyn, an energy expert with experience in the U.S. State Department and specialized work in extractive industry transparency, recently expressed high regard for the strategies Guyana has in place to manage its emerging oil wealth.  Speaking at a press...

ExxonMobil aims to churn out even more discoveries in Guyana’s Stabroek block with three wildcats planned for the new year, said its senior vice president, Neil Chapman, on October 27.  Exxon has already racked up a resource count of over...

Classification society DNV, serving as a third party, has granted a statement of qualified technology to SBM Offshore in partnership with Mitsubishi Heavy Industries (MHI) for their innovative carbon capture plant, designed for deployment on SBM Offshore's EmissionZERO® floating...

The Guyana government has announced the initiation of a public consultation for Guyana's gas monetization strategy. A release from the Ministry of Natural Resources (MNR) said the strategy aims to serve as a "pivotal roadmap for managing the nation's...

In a ceremony held on October 19, SBM Offshore Guyana announced the recipients of their Scholarship Programme for Indigenous Women in Science, Technology, Engineering, and Mathematics (STEM). Kimberly Kenyon and Graziella Abraham have been awarded full scholarships to pursue...