News

Production at the Liza 1 project rebounded in October, after which, the Liza Destiny floating production, storage and offloading (FPSO) vessel demonstrated levels in excess of 150,000 barrels per day (bpd). The project registered an average output of 140,780 bpd...

Guyana engaged in talks with representatives from France as part of ongoing discussions concerning Guyana's forthcoming tenure on the United Nations Security Council (UNSC). Foreign Secretary, Robert Persaud recently convened a meeting with Mohamed Bouabdallah, Head of Political Affairs...

See statement by Guyana President, Dr. Irfaan Ali: Today, the International Court of Justice (ICJ) issued an important Order granting the provisional measures against Venezuela that Guyana requested in response to Venezuela’s announcement that it would be holding a...

The International Court of Justice (ICJ) ruled that Venezuela shall refrain from actions that would compromise Guyana's administration and control of the Essequibo territory. The ruling was made in response to Guyana's request for measures to block questions from...

With oil production in Guyana set to hit 600,000 barrels per day (bpd) next year and cross the one million bpd mark by 2027, monetizing the large volumes of associated gas discovered to date at the ExxonMobil-operated Stabroek Block...

Those within the Venezuelan leadership that continue to make a “ridiculous claim” over Guyana’s Essequibo Region do so at the risk of insulting the legacy of Venezuelan revolutionary, Simón Bolívar. Guyana’s Vice President, Bharrat Jagdeo, recently made this assertion...

United Airlines Inc. revealed its intention to commence direct flights between Guyana and Houston starting in April 2024, though the initiation of this service remains contingent upon approvals from the Guyana Civil Aviation Authority (GCAA). Dr. Ashni Singh, the Finance...

Brazil’s Ministry of Defense announced that it is closely monitoring escalating tensions between Guyana and Venezuela and has “intensified” defensive actions along its northern border.  “The Ministry of Defense has been monitoring the situation. Defensive actions have been intensified in...

The construction of Guyana’s new Demerara River Bridge is progressing smoothly.  Works were 27% completed back in October.  By the end of 2024, Contractor – J.V. China Railway Construction Corporation (International) will hand over to Guyana a four-lane, high-span, cable-stay bridge...

Italy's leading engineering, drilling, and construction services provider, Saipem, has clinched two substantial offshore contracts valued at approximately US$1.9 billion. The agreements involve collaborations with ExxonMobil's subsidiary, ExxonMobil Guyana Limited, and Equinor, the Norwegian state-owned energy giant, spanning operations...