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Guyana to host major petroleum summit in November

Guyana is set to host a major petroleum summit before the year ends, which organizers say will open strategic dialogue and place the South American country as a favorable and pro-business destination. The inaugural Guyana International Petroleum Business Summit &...

Berbice businesses talk local content

As stakeholder engagements on Guyana’s draft Local Content Policy Framework continue around the South American country, members of the Chambers of Commerce of Berbice got an opportunity to voice their concerns to author of the document, Trinidadian consultant Anthony...

Exxon, El Dorado pushing “paid training” for Guyanese students

US super-major ExxonMobil and manpower provider, El Dorado Offshore (EDO), have embarked on a programme to provide paid training to Guyanese students, in oil and gas. In August, four students selected from the Government Technical Institute (GTI) boarded a plane...

Canadian companies looking to form lasting partnerships in Guyana

Twenty-five Canadian organisations are in Guyana, hoping to form lasting partnerships with local companies and stakeholders to support the growth in the South American country’s emerging oil and gas industry. Treasurer of the Newfoundland and Labrador Oil and Gas Industries Association,...

Guyana looking to get highest value for its share of oil – Trotman

When oil production begins in Guyana in 2020, the South American country will be looking to get the highest value for its share of oil says Minister of Natural Resources, Raphael Trotman. In a recent interview with OilNOW, Mr. Trotman...

Guyana disaster response unit to receive oil spill training

The Civil Defence Commission (CDC) in Guyana is expected to benefit from a series of training opportunities to better respond to disasters in the emerging oil and gas industry, such as oil spills. This was disclosed by the country’s Minister...

Local content must be clearly defined, should take effect from exploration stage – GCCI

The Georgetown Chamber of Commerce and Industry (GCCI) is calling for a clear definition of “local content” and believes this should take effect as early as the exploration stage, in Guyana's oil and gas sector. GCCI, which represents 180 private sector...

More Guyanese companies competing for contracts in oil & gas

Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...

Exxon on target: Liza Destiny arrives 2019

ExxonMobil says preparation for first oil in Guyana is on schedule and preliminary work being undertaken by key contractors is progressing well. Liza Destiny - the Floating Production Storage and Offloading (FPSO) vessel being designed by SBM Offshore to produce...

Guyana looking to make O&G local content framework “national model”

While a draft Local Content Policy framework currently being reviewed in Guyana has been designed specifically for the oil and gas industry, the government hopes that it would serve as a blue print for other sectors in the economy. Guyana’s...

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Libra Consortium announces first oil at third FPSO in Brazil pre-salt

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced on Thursday the start of production of...