News

Having a Local Content Certificate not only demonstrates to regulators that you are a legitimate Guyanese company or joint venture in the oil and gas supply chain, but it also puts you in an advantageous position during the evaluation...

Global energy company, Hess Corporation, announced Wednesday that it has completed the sale of its 8.16% interest in the Waha Concession field in Libya. Hess said this was done in equal shares to TotalEnergies and ConocoPhillips. As a result of the...

With Russia choking its natural gas supply to dependent European countries, there is now a worldwide scramble to source power as a cold storm approaches fast. Some countries have returned to coal-fired power. Others have turned to unlikely sources to fill the...

Birthed from a recent meeting between Guyana President, Dr. Mohamed Irfaan Ali and former United Kingdom (UK) Prime Minister, Boris Johnson, the two English-speaking nations inked a partnership agreement, meant to bolster trade and investment relations, on Wednesday. Guyana's Minister...

Guyana’s Ministry of Foreign Affairs and International Cooperation named a 16-person team for upcoming hearings in the border case with Venezuela, to be held at the seat of the International Court of Justice (ICJ) headquarters, at the Peace Palace...

Guyana’s oil production hit a massive 391.98 thousand barrels of oil per day on September 23 this year, making it the highest output ever recorded since production began in 2019 at the ExxonMobil-operated Stabroek Block. This has been made possible...

It would be highly impractical for Guyana to expend billions importing liquefied natural gas (LNG) for its domestic use, as opposed to tapping into its massive offshore gas reserves in the Stabroek Block. Holding this position was the head of...

The first shipment of liquefied natural gas (LNG) from Mozambique’s massive offshore Coral Sul FLNG facility has been lifted by bp. Under a long-term contract, bp will purchase 100% of LNG output from Coral Sul FLNG, boasting a production capacity of...

Construction of the 3rd and 4th floating production storage and offloading (FPSO) vessels for ExxonMobil’s operations in Guyana – Prosperity and ONE GUYANA - is progressing well, according to SBM Offshore, the company building the vessels. For ONE GUYANA, SBM Offshore said...

After months of public appeals to Guyana’s Local Content Secretariat, impassioned testimonials from its Guyanese staff, and a court battle, Ramps Logistics Guyana is now elated by its recent win – a Local Content Certificate. So related its Chief...