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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 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...

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...

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...

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...

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...

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...

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...

Guyana's Vice President, Dr. Bharrat Jagdeo confirmed on Thursday that the administration still has its sights set on establishing a modular oil refinery. In fact, four strong contenders have been shortlisted, the official disclosed. During a press conference, the chief...

Norway's energy ministry has granted approval for oil and gas projects valued at more than 200 billion kroner (US$18.5 billion), as the country aims to maintain its position as Europe's largest natural gas supplier.  The approved projects, including Aker BP...