SURF contractor for the Liza Phase 1 development offshore Guyana - Saipem - is in search of a manpower agency and medical services provider for its operations in the South American country.
Saipem America Guyana Branch posted a notice inviting...
Guyana’s move towards becoming an oil producer will have a profound socio-economic, cultural and political impact on the country, and as such, having the petroleum portfolio lie directly with the President - as it did in the past -...
The engineering work for the Liza Destiny FPSO is in an advanced stage and is being conducted from four different places as assembly of the vessel that will bring first oil for Guyana continues at the Keppel Shipyard in...
(CNBC) Venezuela is likely to remain the biggest risk factor among leading oil producers for some time to come, according to the latest monthly report from the International Energy Agency (IEA).
An attendant sits at a closed Petroleos de Venezuela SA...
The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to natural gas and oil exploration for the first time later this month, joining a push by governments across the Caribbean...
The Production Sharing Agreement (PSA) between Guyana and Tullow Oil in partnership with Eco Atlantic outlines a 1% royalty and a rolling percentage share of profit oil which begins at 50% and gradually increases to 60% for the South...
Leader of the Opposition and former President of Guyana, Bharrat Jagdeo, is calling for the implementation of competitive bidding for remaining oil blocks or for them to be kept for future generations.
Responding to questions from the media, the Opposition...
The energy sector of Guyana’s closest Caribbean island neighbor - Trinidad and Tobago - is traversing a slippery slope according to a former energy minister in the twin island republic. He believes a change in direction is urgently needed...
While seen as a curse by some, oil production and its spin-off effects can positively impact developing countries and change their fortunes for the better.
The New York Times in a March 10 report stated that as recently as the...
Guyana’s Ministry of Finance describes as “misinformed” some of the views expressed in an Op-Ed written by US Ambassador to the South American country, Perry Holloway, which called for prioritization of a Sovereign Wealth Fund (SWF).
In a statement on...