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‘Deafening silence’ on opportunities for Trinidadians in oil & gas sector – Ramnarine

For a country with over 110 years of experience in the oil and gas sector, it is an unfortunate fact that talk of Trinidad and Tobago’s local content capacity have become nearly non-existent. This is the view of the...

Guyana’s major hydropower project delayed, but Gas-to-Energy still on track

Guyana’s Vice President Dr. Bharrat Jagdeo said the government will “definitely have to revise timelines” for the delivery of its major hydropower project at the remote Amaila Falls. After six months of negotiations with the contractor, China Railway Group Limited (CRGL),...

Six companies competing to supply Guyana’s first public electric vehicle charging stations

This week, at Guyana’s National Procurement and Tender Administration Board (NPTAB), the tenders that were submitted by six companies to supply and deliver electric vehicle charging stations were finally opened. According to the board minutes posted on NPTAB's website, the...

Exxon expects to add one more reservoir to fifth and biggest Guyana project – official

The fifth development planned by ExxonMobil in Guyana is currently targeting the Uaru and Mako finds, but the project is likely to add an additional reservoir. Just which one it will be is subject to determination as ExxonMobil sorts out the project characteristics...

US$50 flaring fee, financial assurance in new Liza-1 permit

Guyana’s environmental regulator, the Environmental Protection Agency (EPA) has issued the renewed permit for ExxonMobil’s Liza Phase 1 project with further measures to ensure the country’s environment is safeguarded. The Liza Phase 1 permit has been renewed for a five-year...

IHS Markit applauds local content law, as Guyanese go after billions in oil investments

IHS Markit said Guyana’s government should be lauded for successfully avoiding over-demanding or unrealistic targets that would delay investment before developing expertise in measuring and coordinating industrial development actions. This comment comes as locals go after billions in investments being...

Excluding Exxon, other operators could reduce competitiveness of auction – VP

While the Guyana government has not yet decided on whether it will exclude from its upcoming oil blocks auction, international oil companies (IOCs) that already have substantial interest in oil block(s) offshore Guyana, Vice President Dr. Bharrat Jagdeo said...

Guyana moves to screen public office holders’ assets, as oil economy swells

As Guyana’s economy continues to grow - faster than any other in the world - five persons have been sworn in as members of the country’s Integrity Commission, an independent agency responsible for screening the assets of public office...

T&T hopes to court more investors for deep water, onshore acreage with revised tax terms

In recognition of the immediate need to increase gas supply capacity to preserve its world-class petrochemical and liquefied natural gas sector, Trinidad and Tobago is making swift moves to review its tax system governing shallow water, deep water and...

EPA renews ExxonMobil’s Liza-1 permit

The Environmental Protection Agency (EPA) has renewed ExxonMobil's environmental permit for the Liza Phase One project. It announced the official renewal on Tuesday evening. See below for the full statement: The Environmental Protection Agency (EPA) has renewed the Environmental Permit for...

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DGI partners with EVAge Motors to manufacture world-class electric motor in India

Joint venture to tap into strategic Asian market and significantly accelerate the commercialisation of DG Innovate’ Pareta® electric drive...