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Halliburton launches STEM program to capture Guyanese talent

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Halliburton announced the initiation of the Development Excellence Engineer Program (DEEP) in Guyana for the year 2024. The program aims to engage students in their final semester, and recent graduates in science, technology, engineering, and mathematics (STEM) fields, offering...
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Guyana prepares to host Caribbean Investment Forum

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Guyana is gearing up to welcome the Caribbean Investment Forum from July 10 to 12 this year, positioning itself as a hub for business collaboration and sustainable development initiatives. Scheduled to take place at the Arthur Chung Conference Centre (ACCC),...
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16 T&T companies to scout for business opportunities in Guyana

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Trinidad and Tobago's (T&T) Chaguanas Chamber of Industry & Commerce is heading to Guyana for a trade mission on March 19 and 20, 2024, as part of Business to Business (B2B) meetings organized by the Together We Win Business...
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Exxon to pursue optimization of Payara to 250,000 b/d – Chapman

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Neil Chapman, Senior Vice President at ExxonMobil, said the company will pursue debottlenecking of the Payara project infrastructure with an expectation to achieve oil production of 250,000 barrels per day (b/d). He commented during a March 6 ‘fireside chat’...
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Trinidad sees gradual economic recovery, but faces uncertainties – IMF

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Trinidad and Tobago is experiencing a notable economic turnaround, marking the first instance of sustained recovery in a decade, according to the International Monetary Fund (IMF) Staff Concluding Statement of the 2024 Article IV Mission published on March 11.  It...
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Blue Water secures vital logistics contract for Noble Drilling’s Suriname operations

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Blue Water Shipping has successfully clinched a contract with Noble Drilling to support its operations in Suriname. Blue Water Shipping in an announcement via LinkedIn said the agreement encompasses customs brokerage, local logistics services, domestic transport, and personnel services...
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Bangladesh offers 24 offshore exploration blocks with no royalty, signature bonus

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The Government of the People's Republic of Bangladesh along with Petrobangla (state-owned gas company) has announced the Bangladesh Offshore Bidding Round 2024. A total of 24 offshore blocks, comprising nine shallow sea blocks (SS-01, 02, 03, 05, 06, 07,...
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Strategic investments in infrastructure, training key to competitiveness of Guyana’s economy – Routledge 

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To bolster the competitiveness of Guyana's burgeoning economy, strategic investments in infrastructure and targeted training initiatives are pivotal determinants. This is according to ExxonMobil Guyana President, Alistair Routledge. Exxon is the operator of Guyana’s Stabroek Block.  In his presentation at...
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Rystad Energy cautiously revises Venezuela’s crude output growth amid sanction concerns

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Rystad Energy has adjusted its expectations for Venezuela's short-term crude output growth, expressing reservations about the nation's production trajectory given the current global oil market dynamics. Despite earlier predictions of a 200,000 barrels per day (b/d) expansion following the...
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After multiple delays, CGX prepares for Q2 start-up of cargo operations at Berbice port

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CGX is preparing to finally initiate cargo operations at the Berbice Deep Water Port (BDWP), with a targeted start in the second quarter of 2024, the company said in recent financial statements.  This follows multiple delays of work on the...
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Chinese oil and gas giant CNOOC eyes greater role in Trinidad and Tobago’s energy sector

Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and...

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