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Guyana basin discoveries approaching 13 billion barrels with much more to come, minister tells OTC conference

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Guyana’s Minister of Natural Resources, Vickram Bharrat, told attendees at the Offshore Technology Conference on Wednesday discoveries in the Guyana Basin are now likely approaching 13 billion barrels of oil equivalent resources and that he expects there will be...
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“Overwhelming interest’ shown in South America’s new oil producing nation at OTC

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The Guyana Shore Base Incorporated (GYSBI) is elated over the “overwhelming interest” its operations, and the country by extension, has received at the Offshore Technology Conference (OTC) in Houston, Texas which concludes today. “So far, it’s been three days of non-stop...
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Guyana and Suriname discuss establishment of common oil & gas strategy

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Guyana and its sister Caribbean Community (CARICOM) nation, Suriname, have initiated discussions on the likelihood of establishing a common strategy for the development of their oil and gas sectors. “As you are aware, both parties here have similarities and have...
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Guyana and U.S. firms enter strategic partnership at OTC

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Guyanese firm GAICO Construction Services signed a Memorandum of Understanding with Myer Marine Services and Hargrove EPC on Wednesday at the Offshore Technology Conference in Houston, Texas. The signing occurred with David Myer, President of Myer Marine Services, Ralph Hargrove,...
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Guyana, Houston business groups hold talks, looking at upcoming trade missions

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Officials from the Georgetown Chamber of Commerce and Industry (GCCI) and the Greater Houston Partnership held discussions this week on the sidelines of the Offshore Technology Conference. GCCI President, Timothy Tucker, told OilNOW on Tuesday the discussions focused on strengthening...
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OTC: Guyana pushing to have share in ‘4-trillion-dollar oil and gas industry’

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Guyana’s Vice President, Dr. Bharrat Jagdeo, told participants at the Offshore Technology Conference’s (OTC) inaugural Executive Dialogue Series held on Tuesday in Houston, Texas, that the South American country must have a share in the 4-trillion-dollar oil and gas...
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Climate change, transnational crime among biggest threats to Guyana’s prosperity – Vice President

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Guyana, South America’s newest oil producer, is poised for massive economic take-off with total fiscal revenues from developing just its first two oilfields projected to exceed US$20 billion, dwarfing its 2018 GDP of US$4 billion. But in addition to...
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Energy Chamber inks ‘capacity building’ agreements at Houston conference

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President of the Guyana Oil & Gas Energy Chamber (GOGEC), Manniram Prashad on Tuesday signed two Memorandums of Understanding at the Offshore Technology Conference (OTC) in Houston, Texas. GOGEC said the MOUs are underpinned in the spirit of mutual...
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Guyana Liza Project takes centre stage on day 1 of OTC

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A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...
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Guyanese recruitment firm targeting opportunities in Houston

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Guyanese firm Strategic Recruitment Solutions Inc. (SRSGY) is looking to tap into opportunities at the Offshore Technology Conference (OTC) taking place this week in Houston, Texas. SRSGY is one of over a dozen companies from Guyana participating in this year’s event...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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