News

T&T gas output drops below 2 billion cubic feet per day for the first time in 22 years

Natural gas production in Trinidad and Tobago dropped below 2 billion cubic feet per day (bcf/d) in June — the first time in 22 years.  Three major natural gas producers in Trinidad and Tobago had declines in output in June...

Natoya Coward: Breaking barriers as GYSBI’s first and only female truck driver

Natoya Coward, the first and only female truck driver at Guyana Shore Base Inc. (GYSBI), has been blazing trails in a traditionally male-dominated industry. For the past 14 months, Coward has demonstrated resilience and determination, navigating the challenges of...

Oil exports to generate US$18.6 billion in 2024 – revised gov’t forecast

Guyana's government has significantly revised its forecast for the value of oil exports in 2024, now projecting a total of US$18.67 billion, up from the previous estimate of US$16.8 billion. This increase is driven by higher-than-expected oil production and...

GYSBI issues tender for shorebase dredging and hydrographic survey

Guyana Shore Base Inc. (GYSBI) has announced an invitation to tender for Basin Dredging and Hydrographic Survey activities at its Houston, East Bank Demerara shore base.  “The project covers a 475-meter by 30-meter area adjacent to Berths 1 to 4,...

MODEC to open 32 procurement opportunities for Guyanese firms over next 5 months

MODEC Guyana is set to open a series of procurement opportunities as it works to deliver a floating production, storage and offloading (FPSO) vessel for operation offshore Guyana. The Local Content Secretariat revealed a list of 32 opportunities that form...

ExxonMobil Guyana extends title sponsorship for 2025 energy expo

ExxonMobil Guyana has returned as the title sponsor of the Guyana Energy Conference and Supply Chain Expo (GECSCE) for the fourth consecutive year. The event, which enjoys exclusive support from the government of Guyana, will be held from February...

“Guyana is a land of opportunity” says British High Commissioner

British High Commissioner Jane Miller has declared that "Guyana is a land of opportunity" for UK businesses.  Speaking ahead of the International Business Conference (IBC) 2024, Miller underscored the vast potential for UK companies in key sectors such as infrastructure,...

600 people to be hired during drilling stage of Suriname’s Block 58 project 

Paramaribo, Suriname - TotalEnergies anticipates job opportunities for around 600 people during the drilling phase of its US$9 billion Block 58 development offshore Suriname.  However, it was outlined in the company's environmental and social impact assessment (ESIA) that this pool...

Staatsolie boss in favour of local content policy instead of law    

Paramaribo, Suriname - As plans continue to move forward for Suriname’s first offshore oil production project, Managing Director of state oil company Staatsolie, Annand Jagesar, believes the country would do well with a local content policy instead of a...

TGS, Petrobras sign MoU to drive innovation, sustainability in Brazil’s energy sector

TGS, a global leader in energy data and intelligence, and Petrobras announced the signing of a Memorandum of Understanding (MoU) to collaborate on scientific research and technological development in Brazil. The partnership aims to leverage the expertise and resources...

Latest News

Guyana Business Chamber urges halt to Corentyne Bridge talks over Suriname waterway fees

The Georgetown Chamber of Commerce and Industry (GCCI) on April 3, 2026 called on the Government of Guyana to...