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Dutch floater specialist SBM Offshore said Monday the Fast4Ward® Multi-Purpose Floater (MPF) hull for the Liza Unity FPSO has moved to the integration quayside in Keppel TUAS, where the topsides integration phase started with the progressive lifting of the...

US oil field service company Halliburton has been steadily expanding its activities in Guyana since setting up operations in 2015 which has seen the establishment of state-of-the-art facilities, including one of the largest mud plants in the hemisphere, and...

The United States is looking to remain the top trading partner of new oil producer Guyana where investment opportunities have been steadily increasing since 2015 when US oil major ExxonMobil made its first world class oil discovery off the...

In 2009, Guyana and Norway signed a ground-breaking agreement which led to the creation of the world’s second largest national-level Reducing Emissions from Deforestation and Forest Degradation (REDD+) scheme. The partnership is one that led to Guyana collecting over...

The International Monetary Fund has cut its growth projection in half for new oil producer Guyana to 26% for 2020 - still the fastest in the world - and forecasts 8% growth in 2021 and 29% in 2022. Caribbean Economist,...

WeLead Caribbean announced on Saturday that it will be staging its fourth annual Women's Empowerment Conference under the theme “DisruptHER.” The conference will be held virtually on December 8, 2020 and will focus on Changing the Element of Women’s...

A world on a 2-degree pathway could significantly reduce upstream gas investments by 65% through to 2040, says Wood Mackenzie. The company’s base case outlook projects some 200 billion barrels of oil equivalent (bnboe) of new gas resource developments...

In order to bridge the gap between local and international companies operating in Guyana’s oil and gas sector, the American Chamber of Commerce (AmCham) Guyana is moving to ensure local companies are in compliance with international best practices. In...

Guyana has been on the receiving end of unprecedented interest from foreign investors following the discovery of billions of barrels of hydrocarbon resources offshore and the country's entry as a new oil producing nation. This is now seeing a...

Dutch floater specialist SBM Offshore is reporting a 16 percent increase in revenues for Q3 2020 when compared to the same period last year and this is being attributed in part to higher Lease and Operate earnings from the...