The Guyana Extractive Industries Transparency Initiative (GYEIT) is currently engaged in an awareness campaign, aimed at educating students and Lecturers of Technical Institutes across Guyana, particularly those studying in the extractive fields, on the importance of the implementation of...
-Constitutional reform vital to independence of oversight of oil and gas revenues
Former Minister of Natural Resources and the Environment Robert Persaud cautioned that the country must not be dependent only on multinational agencies for advice but listen to the...
Italian-based Saipem, one of ExxonMobil Guyana’s prime contractors, is once again in search of services for its operations in the South American country.
Saipem America Guyana Branch is inviting companies to express interest in bidding for the provision of a...
A branch of the American Chamber of Commerce (AmCham) was launched on Monday evening in the South American country of Guyana, at the Guyana Marriott Hotel in the country’s capital city, Georgetown.
With the country racing towards becoming an oil...
US Ambassador to Guyana, Perry Holloway, says while there have been some countries around the world that have tried direct cash disbursements to citizens from oil revenues, “it is not something that normally happens.”
However, he says the most important conversation...
UK-based United Oil & Gas Plc said on Monday, August 13, that the fast track version of the recently acquired 3D seismic dataset over the Walton-Morant licence offshore Jamaica, has been delivered by the operator, Tullow Jamaica Ltd. Encouragingly,...
High levels of incompetence, greed, and the fear of making tough decisions are the primary reasons countries rich in petroleum resources do badly. So says Managing Director, Principal Consultant of Association of Caribbean Energy Specialists Ltd. (ACES), Anthony Paul.
Paul,...
As US oil major ExxonMobil continues to discover more oil off the Guyana coast, discussions about the establishment of a refinery in the South American country will become more relevant. A study conducted in 2017 found that pursuing such...
A study on local content provisions in developing countries has made a nexus between poorly drafted or implemented local content policies, laws and regulations and the emergence of corruption and conflict resulting in little benefit to the country from...
A ground-breaking partnership to support the Caribbean’s ambition to become the world’s first ‘climate-smart zone’ was launched on Thursday, August 9, 2018. Eight-time Olympic Gold Medal Winner Usain Bolt was in attendance to help fire the starting pistol for...