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Twenty-twenty two was hailed as the most successful year for exploration in Guyana's history, marked by a total of nine discoveries in the Stabroek Block and a significant find in the Corentyne Block. This year, the pace has slowed,...

Oil service company, Halliburton, has issued a public request for information (RFI) seeking maintenance service providers for its liquid mud plant in Guyana. The scope of the requested services revolves around executing the monthly preventive maintenance schedule for all...

By Cristina Caus - OilNOW The Gas-to-Energy project is an embodiment of Guyana’s mission to transform its historically underperforming economy, now one of the fastest growing, into a world-class and competitive environment. The GtE project represents one of the largest...

A massive infrastructure transformation and construction boom in South America’s lone English-speaking country are the most visible signs of the nation’s newfound wealth which is being delivered by huge oil fields under development offshore. And the latest World Economic...

In a recent statement by Global Affairs Canada, the Canadian government reaffirmed its strong support for Guyana's territorial integrity amid the ongoing border controversy with Venezuela.  “Canada has been closely monitoring recent developments following the consultative referendum on the Essequibo...

The Guyana Extractive Industries Transparency Initiative (GYEITI) has announced the forthcoming release of its fiscal year 2021 report, which is expected to be published on or before December 31, 2023. This announcement coincides with the launch of the organization’s...

TotalEnergies and partners EDF and Sumitomo Corporation have embarked on a joint venture to develop the Mphanda Nkuwa hydropower project (MNK). The consortium, comprising EDF (40%), TotalEnergies (30%), and Sumitomo Corporation (30%), has been chosen by the Mozambican government...

Noble Corporation said bp has exercised an option to add one well to the work scope of the ultra-harsh environment jackup rig Noble Innovator in the United Kingdom North Sea.  The Noble Innovator is currently operating for bp in the...

The United Kingdom continues to express support for Guyana amid the ongoing territorial controversy with Venezuela. David Rutley, the Parliamentary Under-Secretary of State for Americas and Caribbean, will visit Guyana in the coming days as a gesture of solidarity....

Guyana’s economic landscape underwent a major transformation in 2022, as the country’s current account shifted to a surplus of 23.8% of gross domestic product (GDP). This notable change comes after two decades of consistent deficits. According to the International...