News

US$300M Vreed-en-Hoop shore base to be operational by 4th quarter of 2023 – Boyer

Vreed-en-Hoop Shore Base Inc. (VEHSI), a US$300M project led by Guyanese businessmen, will be operational by the fourth quarter of 2023, said joint venture partner and owner of National Hardware Guyana Limited, Nicholas Deygoo-Boyer. VEHSI is a partnership between the 100% Guyanese-owned NRG...

Guyana’s largest shore base gets ISO 9001 certification

The Guyana Shore Base (GYSBI) is now officially ISO 9001:2015 certified. GYSBI said achieving the feat shows that its processes are “efficient and effective” and are consistent with the requirements of the ISO 9001:2015 standard. ISO 9001:2015 certification can apply to any organisation,...

Guyana looking to play “passive investor role” in possible National Oil Company – Vice President

Vice President of Guyana, Dr. Bharrat Jagdeo has announced that by September, a final determination will be made on whether the government will be establishing a National Oil Company (NOC) to develop oil and gas resources or opt to...

Ali says Guyana changing drastically, investors must act now

International investors should waste no time establishing a footing in the fastest-growing economy in the world: Guyana. This was the assertion of President Dr. Mohamed Irfaan Ali on Wednesday at the launch of the International Building Expo, Pegasus Hotel. The expo is...

Guyana aims for 39MW of accumulated solar capacity in the next 3 years

Guyana’s government remains steadfast in its plan to achieve a diverse energy mix with several solar farms and solar mini grids on the cards for construction. Head of the country' energy agency, Dr. Mahendra Sharma told OilNOW that three years...

Exxon seeks consultant for onshore pipeline survey

Ahead of construction of a pipeline as part of the landmark gas-to-energy project in Guyana, ExxonMobil is looking for a consultant to conduct a survey. In a public request for information (RFI), the company’s local affiliate, Esso Exploration and...

Ali says Guyana changing drastically, investors must act now

International investors should waste no time establishing a footing in the fastest-growing economy in the world: Guyana. This was the assertion of President Dr. Mohamed Irfaan Ali on Wednesday at the launch of the International Building Expo, Pegasus Hotel. The expo is...

Exxon wants gas-to-energy contractors to create employment opportunities for women – EIA

Since the multi-million-dollar gas-to-energy project will be the first of its kind in Guyana, there will be heightened expectations related to job opportunities and business benefits, particularly for the community of Region 3 where the project is being rolled...

Baker Hughes aims for ‘next-gen’ carbon capture tech with new acquisition

Baker Hughes has acquired a company involved in carbon capture called Mosaic Materials Inc., it said in a release on Wednesday. The energy technology company, with operations in Guyana, said the acquisition supports its plan to develop and scale...

Exxon to plug over US$1.3B into gas pipeline project, preliminary works underway – EIA

The subsea and pipeline network for Guyana’s landmark gas-to-energy project is poised to see a US$1.3B (GY$260B) investment from ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL). According to the Environmental Impact Assessment (EIA) which was released on Wednesday,...

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Kolibri Global Energy Inc. Revocation of Management Cease Trade Order

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the "Company") announces that, further to the Company’s news released date May...