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Guyana delegation jets off to India to clinch ‘oil-sale’ deal

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Guyana’s Cabinet Counsel of Ministers on Tuesday granted approval for a high-level delegation to travel to India. The Asian economic giant has signaled an interest in purchasing crude from the South American country, in addition to pursuing collaborations in the areas...
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Shell is closing in on Exxon’s crown

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(Bloomberg) Even in the dynamic world of business, some things always hold true: the Big Mac outsells the Whopper, Google gets more searches than Bing, and Exxon Mobil Corp. is the world’s biggest public oil company. Or perhaps not. Royal Dutch Shell...
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More contracts to be released; no objection made by oil companies – Trotman

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The Government of Guyana has taken a decision to publicly release all of the contracts and agreements - such as the recently released Petroleum Sharing Agreement with ExxonMobil - for all of the oil companies operating in the South...
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Natural Resources Fund Bill for Guyana Parliament by March

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Guyana’s Ministry of Natural Resources has set for itself a rigorous agenda for 2018, ahead of first oil in 2020, and according to subject Minister Raphael Trotman, this includes the tabling of a suite of legislation for enactment, including...
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Guyana Shorebase to hire hundreds more ahead of first oil

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As discussions continue in the public domain over the availability of jobs, the protection of local content and opportunities to be made available in Guyana’s embryonic oil and gas sector, one of ExxonMobil’s contractors is gearing up to commence...
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Total clinches GOM deal, acquires Samson Offshore Anchor, LLC

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French oil giant Total, which is said to be eyeing Guyana’s offshore Orinduik Block, has reached a deal to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the...
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Exxon examining options to set up head office at Ogle; not hotel company says

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ExxonMobil Guyana said on Wednesday that efforts to acquire land at Ogle, located on the East Coast Demerara, is for the setting up of a head office as part of the company’s long-term operations in the South American country. The...
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GO-Invest eyes GIPEX 2018 as launch-pad for enduring alliances

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The Guyana Office for Investment (GO-Invest) - one of the organising partners of the Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018 - is looking to facilitate enduring business alliances between local and international companies in Guyana’s emerging...
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Incentives contained in ExxonMobil PSA not unique to Guyana – MNR

OilNOW -
The Ministry of Natural Resources on Tuesday urged that members of the media fraternity in Guyana acquaint themselves with industry specific knowledge and an understanding of the basic principles of contract regimes in oil and gas so that they...
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Telecoms Ministry sees ICT as catalyst to accelerate Guyana O&G growth

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Recognizing the role Information and Communication Technology (ICT) plays in development of a country, Guyana’s Ministry of Public Telecommunications believes that the agency has a critical role to play in supporting the country’s emerging oil and gas industry. Telecommunications Minister,...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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