News

ActionINVEST Caribbean Inc., has launched the fourth edition of its Who’s Who in Guyana Business Directory - 2023 Edition. Dr. Vishnu Doerga, Chairman of ActionINVEST Caribbean Inc., told OilNOW on Tuesday that the investment guide focuses on 14 key sectors...

ExxonMobil Guyana plans to put in place an agreement for the dewatering of an offshore pipeline and the drying and nitrogen packing of an onshore/offshore pipeline system near Georgetown and offshore Guyana. As such, the company is on the hunt...

Hearings concluded at the International Court of Justice (ICJ) on Tuesday, on Venezuela’s preliminary objections to the case concerning the Arbitral Award of 3 October 1899 (Guyana v. Venezuela) filed by Guyana. Making closing remarks at the seat of the Court in the Netherlands,...

Guyana’s Natural Resources Minister, Vickram Bharrat recently appealed to members of the business community to cease being a vessel for the “crab-in-a-barrel” mentality. This phrase describes a group of like-situated people who hurt each other in attempting to get...

QatarEnergy said it entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA) of liquefied natural gas (LNG) LNG to the People's Republic of China. Under the terms...

Exploration drilling results for the Guyana-Suriname basin support the presence of extensive and deeper plays. This much is evident to Westmount Energy, a UK-based investment firm with exposure in several blocks in the basin. Westmount said one only ought to...

The radical re-organisation of energy markets continues to pose a challenging task, nine months after Russia first invaded Ukraine. At a time when these markets are wallowing in thirst for crude barrels from friendly producers, Guyana’s quickly growing global...

Since its opening in 2018, Edison Chouest Offshore’s local affiliate – G-Boats – has accumulated a total of 18 vessels operating offshore Guyana in support of ExxonMobil’s Stabroek Block exploration and production activities. Those 18 vessels have a total of 381...

Guyana, the fastest growing economy in the world, is currently experiencing unprecedented growth and interest from investors across the world as a result of an oil boom that is giving it a competitive edge over many of its neighbours. Government’s...

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has issued three Requests for Information (RFIs) seeking to identify suppliers who can provide customs brokerage, cargo management and inbound transportation services. Importantly, the Local Content legislation calls for high levels of Guyanese participation...