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Guyana’s Vice President on three-day visit to Suriname

Guyana’s Vice President, Dr. Bharrat Jagdeo is in neighbouring Suriname for a three-day visit, accompanied by Minister of Natural Resources, Vickram Bharrat. Dr. Jagdeo met President of Suriname, Chandrikapersad Santokhi, Ambassador Albert Ramdin, Minister of Foreign Affairs, International Business and...

Guyana to notify UN, regional heads of government about latest Venezuela accord

Guyana’s President, Dr. Mohamed Irfaan Ali plans to formally notify heads of government in the region about the accord made between the Government of Venezuela and its opposition last week in Mexico City. He told the media on Sunday that he...

Major private sector groups in Guyana collaborating for mega oil and gas event

The Georgetown Chamber of Commerce and Industry (GCCI) said Monday it is pleased to announce its partnership with the Guyana Oil & Gas Energy Chamber (GOGEC) as an organizing partner for the upcoming Guyana Energy Conference & Exhibition (GEC-X). The...

Guyanese workers assemble massive subsea jumpers for Liza Phase 2 Development

In what is being described as a significant milestone in the development of the local supply chain, Italian oilfield service company Saipem has utilized a Guyanese workforce for the assembly, testing, coating, and loading of massive subsea jumpers for...

Exploration in Guyana, Suriname and T&T to feature big at AAPG summit

The American Association of Petroleum Geologists’ (AAPG) Latin America and Caribbean Region will be staging the 2021 "Caribbean Technical Symposium and E&P Summit: Recent Activity and Exploration Opportunities" on September 14-15. The 2-day virtual event combines two of the AAPG...

International players no longer see an upside in Venezuela oil projects – GlobalData

Two international oil and gas players in Venezuela, TotalEnergies and Equinor, recently divested their respective 30.32% and 9.67% interest in the largest project, Petrocedeno, to the state-owned Petróleos de Venezuela S.A (PDVSA) company. According to GlobalData, this means that...

Oil climbs to one-week high

(Reuters) - Oil rose on Monday, supported by concerns over shut output in the United States, the world's biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in coming months. Brent crude rose 62 cents, or...

Exxon was No. 1 contributor of social payments in 2018 for extractives sector

According to Guyana’s second Extractive Industries Transparency Initiative (EITI) Report, extractive companies declared adjusted social contributions in cash totalling $604,140,735. ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), operator of the Stabroek Block, accounted for 90 percent of...

Trinidad & Tobago will dominate natural gas production in 2025 but output will be on decline – GlobalData

Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to...

Growing a Guyanese brand with international standards

When Kerensa Gravesande-Bart conceptualised Strategic Recruitment Solutions Incorporated Guyana (SRSGY), she knew that she wanted to create a company that would not only be Guyanese-owned but it should be able to drive local content and provide tangible avenues for...

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French firm gets five-year tech support contract from ExxonMobil Guyana

French geophysical technology company Sercel announced on Tuesday that it has been awarded a five-year contract for technical support...