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Guyana aims to be CARICOM region’s arbitration capital, with upcoming Bill

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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...
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Eco Atlantic begins drilling Gazania-1 Prospect in South Africa’s Block 2B

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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...
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Guyana’s petroleum and renewable agendas not at odds with each other – Canadian High Commissioner

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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...
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TT business group distances self from director’s comment on Guyana local content law

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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...
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‘TT companies will move to Suriname if Ramps doesn’t get local content certificate’ – Trini business strategist

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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 –...
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Major Brazil business delegation looking to enter Guyana’s oil and gas market

Shikema Dey -
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...
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Ramps Logistics says GRA charges of false declarations baseless

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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...
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Guyana building regulator capacity for establishment of Petroleum Commission

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Guyana still intends to establish an independent Petroleum Commission. Permanent Secretary at the Minister of Natural Resources, Joslyn McKenzie, said earlier this week that the Guyana Geology and Mines Commission (GGMC) is being primed to evolve into this role. The Ministry,...
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With more financial flows, Guyana pushing digital payments, anti-money laundering efforts

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With Guyana’s financial sector expected to grow in tandem with the booming oil industry, it has been recognised by global watchdogs such as the International Monetary Fund (IMF) that authorities are beefing up efforts to maintain financial stability. In one...
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Ramps Logistics slapped with 10 charges from GRA for false declarations

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The Law Enforcement and Investigations Division (LEID) of the Guyana Revenue Authority (GRA) on Wednesday instituted 10 charges in the Georgetown Magistrate’s Court against Ramps Logistics (Guyana) Inc. for false declarations. Investigations determined, among others, that during the period of 2021 to 2022,...
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High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort...

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