News

O&G training institute now offering Tropical BOSIET/HUET/FOET courses in Guyana

With new OPITO certification, 3t EnerMech’s Training Centre of Excellence at Lusignan, East Coast Demerara can now offer new courses catering to oil and gas training in tropical conditions. OPITO is a global, not-for-profit, skills body for the energy industry....

Oil market hungry for Guyana acreage as global energy security concerns escalate – Westmount Energy Chair

Faced with the economic effects of the COVID-19 pandemic as well as the Russia-Ukraine war, energy security and affordability have now become key considerations for governments and policymakers. It is on this premise that Gerard Walsh, Chairman of Westmount...

Oil will be used to uproot historic impediments to broad-based economic growth – Guyana Finance Minister

In an effort to set the stage for a diversified economy with competitive industries, Guyana’s Senior Finance Minister, Dr. Ashni Singh, said the government will use a portion of the oil wealth to uproot historic impediments to broad-based economic growth. Specifically,...

‘Safety culture changing in Guyana’ – 30 more businesses graduate Centre’s HSSE program

The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday. It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...

Keppel delivers first of three jackup rigs to ADNOC Drilling

Keppel Offshore & Marine Ltd (Keppel O&M), said Thursday it has delivered the first of three jackup rigs to ADNOC Drilling Company PJSC (ADNOC Drilling). The three rigs were part of a series of five rigs that Keppel FELS had...

Guyana in driver’s seat on energy issues regionally, globally – ExxonMobil Guyana President

ExxonMobil Guyana President, Alistair Routledge, explained recently that Guyana’s place in the global energy arena carries immense significance. He made the comment as he announced that Exxon is once again a lead sponsor of the International Energy Conference and...

Guyana said it had fired energy consultant for corrupt practice under World Bank-funded project

The World Bank recently announced that it debarred, with conditional release, an individual consultant for being engaged in a corrupt practice under the Petroleum Governance Management Project, a US$20 million initiative it funds to help prepare Guyana for oil. Subsequently,...

Equinor seeks Norway’s approval for US$1.48 billion Irpa gas project to supply Europe

Norwegian oil major, Equinor, said it submitted a plan for development and operation (PDO) of the Irpa gas discovery, formerly known as Asterix, to Norway’s Minister for Petroleum and Energy, Terje Aasland. Proven in 2009, the deepwater gas discovery called...

COP 27: New climate fund to be established for vulnerable states

The 27th Conference of Parties, better known as COP27, ended in Sharm el-Sheikh, Egypt over the weekend with a matter of critical importance to Guyana being decided upon – a climate fund for countries grappling with climate-related disasters. A breakthrough agreement on “loss and...

Exxon, Cherie Blair sponsored programme delivers training to 96 more Guyanese women

The Road to Growth and Road to Finance programmes sponsored by the ExxonMobil Foundation in partnership with the Cherie Blair Foundation for Women through ActionINVEST Caribbean Inc., has churned out 96 new female graduates. The women are now equipped...

Latest News

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...