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Keep wealth fund in place, don’t tie it to political machinery – US Ambassador urges

In order to be effective, Guyana’s Natural Resources Fund (NRF) must be non-partisan. This is according to U.S Ambassador, H.E. Sarah-Ann Lynch. She made these remarks during her speech at the Guyana Manufacturing and Services Association Limited’s (GMSA) Business Luncheon...

Guyana is one of the main beneficiaries of deepwater reinvention

Deepwater and tight oil are two of the great growth themes in the oil and gas industry, but are often considered to be at opposite ends of the development spectrum. Deepwater represents large, expensive and complex long-cycle projects best suited...

Baker Hughes and C3.ai announce joint venture to deliver AI solutions across O&G industry

Baker Hughes, a GE company (NYSE:BHGE) and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels...

Guyanese sister companies providing support services for Harvey Gulf

Two indigenous Guyanese sister companies are stepping up their operations in the new South American oil and gas hotspot, pushing local content for US-based Marine Transport Company, Harvey Gulf. Western Logistics and Pandora Energy are working in tandem to provide...

Total commits to transparency of contracts at EITI Paris conference

Patrick Pouyanne, CEO of French multinational oil corporation Total, gave a commitment to supporting transparency and openness of contracts in its operations around the world. Pouyanne was speaking on Thursday at the Extractive Industries Transparency Initiative (EITI) Global Conference in...

Multiple play types with an 87% success rate make Guyana a unique frontier

The resource growth in Guyana’s Stabroek Block is being described as ‘staggering’ by a top official at US oil major ExxonMobil who says while the average success rate in a frontier area is 10%, the company has had an...

Efficiency and options for privatisation of Guyana’s energy market

The concept of efficiency and its measurement are contentious. Hence, the option for the route of introducing a more competitive environment, and to consider whether this might prove a more effective approach to improving the electricity industry’s performance; is...

Discovering Oil: It’s not like the movies. But it’s still pretty exciting – Energy Factor

One year before the giant Liza discovery… The data from the well logs looked promising, and a restrained optimism began to build among small groups of specialists at ExxonMobil’s north Houston campus, at its Georgetown venture office and aboard the...

Liza Destiny ready to set sail for Guyana oil bonanza

The Liza Destiny, the first oil production vessel to be placed in Guyana has been officially dedicated by the South American country’s First Lady, Madam Sandra Granger. In keeping with tradition and naming protocols, the dedication is performed by a...

SBM Offshore takes ‘Life Day’ to Guyana

With an eye on the safety and wellbeing of its employees, SBM Offshore observed its sixth annual Life Day event on Wednesday, June 12, 2019. Life Day, which is observed globally, was held in Guyana for the first time,...

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T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026,...