Stuart Young, Trinidad and Tobago's Minister of Energy and Energy Industries has argued in favour of a balanced approach to energy production, acknowledging the transition challenges to renewable energy sources and the essential role of hydrocarbon-based resources in the...
GUYCAN INVESTORS GROUP INC. plans to invest GY$2 billion (approximately US$9.6 million) for the development of a plaza complex called SPECTRUM. The complex, to be situated at 14 Coglan Dam, Vreed-en-Hoop, West Coast Demerara, will include a restaurant, supermarket,...
The Canadian Government's announcement that it will grant visa-free access to eligible travellers from 13 countries has been met with applause and an appeal from Guyana. The Georgetown Chamber of Commerce & Industry (GCCI) has called upon Canada to...
Machinery Corporation of Guyana (MACORP) plans to construct a heavy-duty wharf at Providence on the East Bank of Demerara, according to documents submitted for approval by the Environmental Protection Agency (EPA).
“MACORP is always seeking to better serve our customers...
Guyana, the rising oil star in South America, has secured a seat on the United Nations Security Council for the period 2024-2025. Guyana was elected as a non-permanent member of the UN Security Council, alongside Algeria, Republic of Korea,...
Diamond Property Management, Inc. (DPM)/ Diamond Shorebase Inc (DSB) has eyed the construction of a new dock facility at Friendship, on Guyana’s East Bank corridor, in response to the increasing demand for port infrastructure as the country’s oil sector...
Ramps Logistics Guyana is pursuing the development of a US$5 million luxury apartment in the South American country in response to the housing demand brought on by the budding oil sector. The country’s Environmental Protection Agency (EPA) has said no Environmental...
Builder of Guyana’s fifth production vessel – Mitsui Ocean Development & Engineering Company Inc. (MODEC) – is seeking Guyanese firms that can provide offshore installation of mooring equipment.
MODEC in a public Expression of Interest (EOI) said it is looking...
Top officials at ExxonMobil Guyana are reiterating that stringent measures remain in place to prevent an oil spill at its Stabroek Block operations. Company officials say in the unlikely event there is an incident, a robust set of tools,...
In a strategic move to strengthen its position in the technology-driven reservoir management sector, Halliburton has announced the acquisition of Resoptima AS, a renowned Norwegian company. Resoptima specialises in data-driven reservoir management, providing innovative solutions to enhance oil and...
