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GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is positioning micro, small, and medium-sized enterprises (MSMEs) to take full advantage of the current and emerging opportunities. The Chamber will host...

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat after the country’s maiden auction launched in 2022. The signing ceremony was held this morning...

Guyana’s offshore growth among drivers of US$197 billion regional oilfield spending – Rystad Energy

South America will sustain strong final investment decision (FID) momentum through 2030, leading to a cumulative US$197 billion in conventional greenfield spending across oilfields between 2020 and 2030.  The projection comes from a new report by Norway-based Rystad Energy, which...

Guyana urged to ‘start training now’ for petrochemical and construction sectors

The Guyana Technical Training College Inc. (GTTCI) is preparing to expand its focus beyond offshore oil and gas to meet the skills needed for the country’s emerging petrochemical, refinery, and construction industries, according to its Director, Professor Clement Sankat. “I...

Training surge marks new chapter for Suriname’s oil & gas workforce

Suriname's National oil company, Staatsolie Maatschappij Suriname N.V., (Staatsolie) ramped up investment in workforce development in 2024 as the country prepares for its first major offshore oil development.  The company’s latest sustainability report, published in early October, details a flagship...

From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics and operations at ExxonMobil Guyana’s shore bases.  She told her story on the most recent episode of ExxonMobil’s Onshore Diaries. “There...

ExxonMobil could unlock $20 billion in Trinidad’s deepwater play – Rystad Energy

ExxonMobil’s latest offshore campaign in Trinidad and Tobago could yield over US$20 billion in new investment opportunities, according to an analysis published by Rystad Energy on November 6.  The firm said the U.S. oil major is targeting one of the...

From Ministry of Natural Resources to Ministry of Oil & Gas and Environment: What does this change really mean

PARAMARIBO, SURINAME – Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’ taking effect retroactively from July 16th, 2025. At first, it appears to...

GCCI aiming to push MSMEs toward global competitiveness at 2025 Business Development Forum

The Georgetown Chamber of Commerce and Industry (GCCI) will host its annual Business Development Forum (BDF) on November 13 and 14 at the Pegasus Suites and Corporate Centre, bringing together local, regional, and international stakeholders to strengthen Guyanese enterprises...

New High Court Decision: Oil and Gas Litigation – EIAs are required for oil and gas exploration and production waste-management facilities 

The High Court of Guyana has ruled that an operation permit granted to Global Oil Environmental Services (Guyana) Inc. (GOES) to operate a waste-management facility for oil and gas exploration and production waste is invalid.   The Court also quashed the...

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Safety, quality and reliability remain critical for Guyanese suppliers, says Baker Hughes

Guyanese suppliers seeking work with tier one oil and gas companies must meet strict safety, compliance, quality, and reliability...