Speaking in an article published in The Conversation, visiting Assistant Professor of Politics and International Studies at US-based Centre College, Jennapher Lunde Seefeldt, says when Guyana begins producing oil by 2020, its Gross Domestic Product is expected to increase...
Twenty-four Guyanese will soon join the more than one thousand nationals already working on ExxonMobil’s Liza Phase 1 Development project in the South American country of Guyana.
The 24 persons, inclusive of two females, will be assigned to the Liza...
Harvey Gulf International Marine, one of the top marine transportation companies globally, has identified Guyana as its latest investment destination.
The US-based company specializes in providing Offshore Supply and Multi-Purpose Support Vessels for deepwater operations.
A team from the company is...
TechnipFMC has been awarded a major subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters.
The contract covers the delivery and installation...
(Reuters) - An oil and gas field off Guyana’s coast and owned by Tullow, Total and Eco Atlantic has about 3.9 billion barrels of oil equivalent, a third more than announced in an estimate released in September, Eco said...
Director of Guyana’s Department of Energy (DoE), Dr. Mark Bynoe, told a gathering on Monday on the outskirts of Georgetown, that even with the most robust safety systems in place, accidents occur, and as such, the South American country...
Guyana’s Civil Defence Commission has partnered with ExxonMobil Guyana, the Caribbean Disaster Emergency Management Agency (CDEMA), University of Guyana (UG), and the Guyana Defence Force (GDF) to design and implement a comprehensive Voluntary Emergency Response Team (VERT) Programmme in the...
There is economic logic in the argument that resource revenues can improve a country’s growth prospects, potentially unleashing a trend towards higher levels of income, savings and investment. Resource-curse studies have tended to focus on negative outcomes and to...
A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a “challenge” for global oil markets, Merco Press said in a March 16 report.
The International Energy Agency (IEA) has warned that crude supplies from...
Drilling success in Guyana in 2018 earned Hess the number two spot in the industry for value created from wildcat drilling according to an annual exploration review by Rystad Energy. Only ExxonMobil, co-owner and operator of the Stabroek Block, offshore Guyana,...
