News

SBM Offshore’s footprint in Guyana growing larger; 51 new vendors added in 2023

Fifty-one Guyanese companies were added to SBM Offshore Guyana’s vendor database in 2023, according to Garri Fraser, the company’s Local Content Officer.  Fraser gave insight on SBM Offshore’s local content strides, during the company’s 'Let’s Talk Local Content’ Seminar, held...

TOTALTEC teams up with Skills Assurance to offer Guyanese companies a new suite of eLearning packages

TOTALTEC has announced its collaboration with Skills Assurance, a provider of eLearning training solutions, to introduce comprehensive eLearning packages tailored for Guyanese companies working in, and supporting the energy sector. TOTALTEC said it aims to enhance worker safety standards,...

Guyana may revise model offshore contracts for second licensing round – Jagdeo

The Guyana government may revise its model petroleum agreements for offshore licenses ahead of its second licensing round.  Vice President Bharrat Jagdeo told a gathering at the Guyana Energy Conference and Supply Chain Expo on Tuesday, “We’ve heard that the...

bpTT spuds well for next major Trini gas project

bp Trinidad and Tobago’s (bpTT) first well on the Cypre project has been spud using the Joe Douglas jackup rig, the Trinidad and Tobago Energy Chamber said in an update.  This is the first of seven wells to be drilled. bpTT...

How many of Guyana’s barrels are being used for CARICOM’s energy security? – TT Minister

Trinidad and Tobago seems to want Guyana to use some of its own barrels to help achieve energy security in the Caribbean Community (CARICOM). Its Minister of Energy and Energy Industries, Stuart Young, made this point known during his...

Energy conference set to wrap up with major local content seminar by SBM Offshore Guyana

SBM Offshore Guyana is set to host a ‘Let’s Talk Local Content’ seminar today at the Guyana Energy Conference and Supply Chain Expo, in Georgetown. The seminar, scheduled for 13:00hrs in the main ballroom of the Guyana Marriott Hotel, presents...

Guyana sets the “gold standard” for stable policy to attract high-quality investments – S&P VP 

Guyana has been praised for having a stable environment for investment, but S&P Global Vice President, Daniel Yergin, took it a step further; branding it “the gold standard.”  Appearing virtually at Guyana Energy Conference and Supply Chain Expo on Feb....

Guyana must be predictable, non-capricious with oil companies, says Jagdeo

Vice President Bharrat Jagdeo of Guyana talked about the necessity for the government to maintain a predictable and non-capricious approach towards international oil companies to ensure the success of the country's oil and gas industry. He said it is...

Venezuela’s Maduro conveys ‘great respect’ for Ali and people of Guyana

Venezuela’s President, Nicolas Maduros, has conveyed his 'great respect' to the President of Guyana, Dr. Mohamed Irfaan Ali, and the Guyanese people, according to a release from Guyana’s Ministry of Foreign Affairs. Maduro formally accredited Dr. Richard Van West-Charles as...

IGOT to tap needs of Guyana’s oil and gas industry

International Gas and Oil Trading (IGOT) is working to make its mark on Guyana’s offshore industry and carve out its space in the region, according to General Manager Luis Rojas. The company is currently participating in the Guyana Energy...

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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...