News

Petrobras announced that its Board of Directors has appointed Magda Chambriard as a Board member and elected her as the company's new Chief Executive Officer (CEO). Chambriard took office immediately, joining the Board without the need for a Shareholders'...

If ExxonMobil opts not to move ahead with gas development, in line with the Guyana government’s wishes, the prospects will be reallocated, said Vice President Bharrat Jagdeo.  During a May 24 press conference, Jagdeo said work is being done to...

MODEC said it carried out keel laying for the Guyana-bound Errea Wittu floating production, storage and offloading vessel (FPSO), five weeks ahead of schedule.  In a May 23 LinkedIn post announcing the achievement, MODEC said “This performance milestone demonstrates the...

China's oil and gas giant CNOOC Limited has expanded its operations with new petroleum exploration and production concession contracts (EPCCs) in Mozambique. The company gained access to five offshore blocks, covering approximately 29,000 square kilometers, with water depths ranging...

A hinterland poultry project called ‘Egg Sandwich’ is returning tangible results, according to an update from the Greater Guyana Initiative (GGI), its funder.  GGI, launched by the Stabroek Block partners, said Egg Sandwich “is transforming hinterland poultry production, providing both...

The TotalEnergies consortium, which includes Qatar Energy and Petronas, is the only group that has so far been greenlighted by Guyana for a block off the country's coast. Guyana Vice President Bharrat Jagdeo said some of the other winners...

Omni Helicopters International said its operations in Guyana, through Omni Helicopters Guyana Inc (OHGI), have been Certified™ by San Francisco firm Great Place To Work®.  Great Place to Work Certification is a benchmark for recognizing outstanding employee experience. Every year,...

President Irfaan Ali said Guyana aims to “have the most vibrant, competitive and sustainable non-oil economy” during his address at the 32nd Annual General Meeting (AGM) of the Private Sector Commission (PSC) at the Guyana Marriott Hotel on May...

Guyana trails behind only the U.S. and Brazil as the fastest growing oil producers not part of the Organization of Petroleum Exporting Countries (OPEC). A new report from the U.S. Energy Information Administration (EIA) said the ranking was made because...

SBM Offshore Guyana said it launched the Woman of Excellence Award, as part of a collaboration with Cerulean Inc. and The Nico Consulting Inc. -  organisers of the 25 Influential Women Leaders Awards. This award aims to recognize and...