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Guyana COVID-19 Situational Report with forecasts

Updated: August 29, 2020 Figure 1: Monthly COVID-19 Tests to Positive Cases in Guyana The chart above highlights the comparison between the number of monthly tests for coronavirus to the positive cases which have been recorded from March 11 to August...

Guyana oil revenue climbs to almost US$150 million – 4th lift due November

Over US$46 million was deposited into Guyana’s Natural Resources Fund account this week representing proceeds from the sale of the country’s 3rd million-barrel oil cargo. This pushes the total revenue Guyana has received so far from oil exports and...

ExxonMobil looking forward to positive results from Guyana drill campaigns

Results from the Redtail-1 prospect located some 103 nautical miles off the coast of Guyana at the Stabroek block are expected soon while a new campaign at the ‘deepest well ever drilled’ in the South American country at Tanager-1,...

South America’s newest oil and gas hotspot cautious about reopening

Guyana’s President, Dr. Mohamed Irfaan Ali, has assured that his government will be enforcing strong protocols prior to implementing reopening measures in the newest oil producing South American country, where over 8 billion barrels of recoverable oil equivalent resources have...

“ExxonMobil will be in Guyana for a long time” – PM Mark Phillips

Officials from ExxonMobil Guyana paid a courtesy call on newly appointed Prime Minister in the South American country, Brigadier Mark Phillips, on Friday.   The ExxonMobil team included President of the company, Alistair Routledge, and Senior Director, Government Relations, Marcus...

Schlumberger in search of company in Guyana for major building project

US oilfield services company, Schlumberger, is seeking a company in Guyana to supply and install foundation components for a shared Wireline and Drilling and Measurements Calibration Building. The contractor will be required to perform the supply and installation of the...

Guyana can be generating cheap electricity, producing cooking gas by mid-2020s – Kevin Ramnarine

Natural gas from Guyana’s Stabroek Block can be piped to shore by the mid-2020s for the provision of cheap and cleaner electricity and production of valuable liquids such as propane (cooking gas) and butane. ExxonMobil Guyana President, Alistair Routledge, said...

TechnipFMC seeks Guyanese firms for subsea project facilities

TechnipFMC has invited Guyanese companies to submit Expressions of Interest (EOIs) for the construction of facilities it needs to support its subsea projects related to ExxonMobil’s production activities offshore Guyana. The date for the submission of EOIs is September 13,...

Private sector bodies meet with new ExxonMobil Guyana President

Guyana’s private sector organisations recently met with ExxonMobil Guyana’s newly appointed President, Alistair Routledge, and Deedra Moe, the company’s Senior Director, Public and Government Affairs.   Shyam Nokta, President of the Guyana Manufacturing and Services Association; Captain Gerry Gouveia, Chairman...

Guyana’s President announces key appointments to advisory panel on Local Content

Guyana’s President, Dr. Mohamed Irfaan Ali, today, announced key appointments to Guyana’s Local Content Panel, which is expected to conduct expansive consultation and review and devise recommendations that will inform the country’s Local Content Policy.  “I strongly believe that Guyanese...

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The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...