News

With Europe locked in an energy crisis following the Russia-Ukraine war, the United Kingdom has launched its 33rd oil and gas licensing round for a whopping 898 blocks. Specifically, the UK’s North Sea Transition Authority (NSTA) issued a notice on Friday...

As the curtains of the Guyana Basins Summit came to a close, Minister of Labour Joseph Hamilton highlighted that there was a massive turnout at the Ministry of Labour’s booth at the summit. In an interview with OilNOW on Friday,...

Promising world-class logistics services in modern supply chain management, global provider Blue Water Shipping launched its Guyana office this week to tap into the country’s ever-expanding oil and gas sector. Since the first major discovery in 2015 by ExxonMobil, Guyana...

Guyana’s Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall SC, revealed on Wednesday that the government is pursuing an Arbitration Bill that will resolve disputes in Guyana’s oil and gas sector. This bill, he said, is part...

Eco Atlantic, the junior exploration company focused on the offshore Atlantic Margins, said the Island Innovator semi-submersible drilling rig has begun drilling operations at the Gazania-1 exploration well in Block 2B located 25 kilometres (km) offshore the Northern Cape...

Canadian High Commissioner to Guyana, Mark Berman, holds the view that the agendas of Guyana’s petroleum and renewable energy sectors are not at odds. In fact, the High Commissioner highlighted that the country is in a fortunate position to...

On the heels of comments from Trinidadian business strategist Jaishima Leladharsingh, who criticised Guyana’s local content law, the business group he directs, the Trinidad and Tobago Coalition of Services Industries (TTCSI), has distanced itself from the assertions. In a statement to the...

If Guyana fails to grant Ramps Logistics a Local Content Certificate to operate within its oil sector, Trinidad and Tobago companies will take their business elsewhere, to neighbouring Suriname. This was communicated by a T&T business strategist – Jaishima Leladharsingh –...

The incredible growth of Guyana’s oil and gas sector has piqued the interest of investors across the world, looking to get in on the action. The latest is Brazil, with a major delegation scouting opportunities of its English-speaking neighbour...

Following the disclosure by the Guyana Revenue Authority (GRA) on Wednesday that it has instituted 10 charges against Ramps Logistics Guyana (RLG) for false declarations, the company has issued a statement calling the said charges baseless. While these charges will be reviewed...