Featured

A subsidiary of Shell farmed into two exploration licenses offshore Barbados in March, BHP Billiton said in an operational update. BHP signed a farm-out agreement for Shell to acquire 40% equity in each of the two offshore licenses – Bimshire...

Vreed-en-Hoop Shore Base Inc. (VEHSI), a US$300M project led by Guyanese businessmen, will be operational by the fourth quarter of 2023, said joint venture partner and owner of National Hardware Guyana Limited, Nicholas Deygoo-Boyer. VEHSI is a partnership between the 100% Guyanese-owned NRG...

The Guyana Shore Base (GYSBI) is now officially ISO 9001:2015 certified. GYSBI said achieving the feat shows that its processes are “efficient and effective” and are consistent with the requirements of the ISO 9001:2015 standard. ISO 9001:2015 certification can apply to any organisation,...

Vice President of Guyana, Dr. Bharrat Jagdeo has announced that by September, a final determination will be made on whether the government will be establishing a National Oil Company (NOC) to develop oil and gas resources or opt to...

By Wilberne Persaud - OilNOW A few weeks ago, a regrettable faux pas pushed Guyana’s Local Content Policy (LCP) into news headlines across the region. The Act seeks reasonable retention of benefits generated by activity in the oil sector for Guyanese...

Guyana’s government remains steadfast in its plan to achieve a diverse energy mix with several solar farms and solar mini grids on the cards for construction. Head of the country' energy agency, Dr. Mahendra Sharma told OilNOW that three years...

Ahead of construction of a pipeline as part of the landmark gas-to-energy project in Guyana, ExxonMobil is looking for a consultant to conduct a survey. In a public request for information (RFI), the company’s local affiliate, Esso Exploration and...

International investors should waste no time establishing a footing in the fastest-growing economy in the world: Guyana. This was the assertion of President Dr. Mohamed Irfaan Ali on Wednesday at the launch of the International Building Expo, Pegasus Hotel. The expo is...

Since the multi-million-dollar gas-to-energy project will be the first of its kind in Guyana, there will be heightened expectations related to job opportunities and business benefits, particularly for the community of Region 3 where the project is being rolled...

Baker Hughes has acquired a company involved in carbon capture called Mosaic Materials Inc., it said in a release on Wednesday. The energy technology company, with operations in Guyana, said the acquisition supports its plan to develop and scale...