News

Guyana is on track to break another annual record, with visitor arrivals projected to reach 350,000 by the end of 2024. This would represent a 10% increase from the 319,056 visitors recorded in 2023. The government’s 2024 Mid-Year report said...

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, 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...

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...

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 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 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...

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,...

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...

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...