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63 women entrepreneurs to benefit from training through ExxonMobil Foundation, Centre for Local Business Development

Sixty-three Guyanese women entrepreneurs will soon commence training through the ‘Accelerate-Her’ and the ‘Cherie Blair Foundation for Women – Road to Growth’ programmes, which are geared towards building the capacity and marketability of women-led businesses in Guyana. The Cherie Blair...

Oil holds above $75, remains on track for weekly gains

(Reuters) - Brent oil futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3% thanks to the slow recovery in output after two hurricanes in the U.S. Gulf of...

SBM Offshore wraps up largest project financing in company’s history

SBM Offshore announce Thursday that it has completed the project financing of FPSO Sepetiba for a total of US$1.6 billion, which is the largest project financing in the Company’s history. The project financing was secured by a consortium of 13...

Guyana government says it will reveal plan for spending oil money

Guyana’s Vice President, Dr. Bharrat Jagdeo says a comprehensive programme will be made available to the public showing how oil revenues will be spent, with focus on priority areas such as infrastructure and social upliftment, inclusive of investments in...

DP World expands investment in Suriname

In line with the company’s strategic objectives in the oil and gas sector, DP World said it has made the commitment to develop a comprehensive Offshore Support Base in Suriname to provide the required highly specialized, integrated end to...

Crude oil prices continue to climb

(S&P Global Platts) Crude oil futures continued their uptrend in midmorning Asia trade on September 16 after sharp overnight gains on a bullish supply-demand outlook. At 11 am Singapore time (0300 GMT), the ICE November Brent futures contract was up...

Guyana seeking consultants to assess studies for Payara project

The Guyana Government through its Ministry of Natural Resources (MNR) published on Tuesday, an invitation for international consulting services to review and assess studies for the Payara project set to come on stream by 2024. Payara is the third development...

Guyanese begin overseas training to work on Prosperity FPSO

Seven Graduate Engineers from SBM Offshore’s Graduate Engineering Programme arrived in the Netherlands on August 10, 2021, to begin training, in preparation to work on the Prosperity Floating Production Storage and Offloading vessel (FPSO), which is under construction in...

International Energy Conference launched

The International Energy Conference and Expo was launched on Tuesday in Georgetown, Guyana, slated to be held on February 15-18, 2022, under the theme ‘Charting a sustainable energy future’. The Conference’s Chief Executive Officer, Angenie Abel said presentations will seek...

Learning app for Guyanese women entrepreneurs launched through support from ExxonMobil Foundation

The Cherie Blair Foundation for Women, ExxonMobil Foundation and ActionINVEST Caribbean Incorporated (ACI), on September 14, 2021, launched a partnership to bring vital entrepreneurial skills and support to women across Guyana through the Foundation’s ‘HerVenture’ mobile learning application. The mobile...

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ExxonMobil invests 1.5 million training hours to build Guyana’s oil and gas workforce – Routledge 

Since 2022, ExxonMobil has invested 1.5 million hours of training to build the skills of Guyanese men and women...