Given that the aim of the University of Guyana’s (UG) Institute for Energy Diplomacy (UGIED) is to deliver energy upskilling in line with local content requirements, CNOOC Petroleum Guyana (CPGL) is funding 18 scholarships for Professional Executive Energy Training.
The...
The actions of ex-Finance Minister Winston Jordan regarding the APNU+AFC government’s handling of the US$18 million signing bonus from ExxonMobil in 2016 is up for investigation according to Guyana’s Attorney General (AG) and Minister of Legal Affairs, Anil Nandlall,...
The Private Sector Commission (PSC), Guyana’s largest umbrella organisation representing businesses across the country said it is disappointed that it was not included in the Guyana Extractive Industries Transparency Initiative (GYEITI) Multi-Stakeholder Group (MSG).
In a letter seen by OilNOW,...
The massive hull for the Prosperity floating production storage and offloading (FPSO) vessel has entered drydock at the Keppel Shipyard in Singapore, SBM Offshore announced on Wednesday.
The Prosperity is Guyana’s 3rd FPSO and will follow the Liza Unity which is...
Guyana’s Vice President, Dr. Bharrat Jagdeo announced on Monday that Guyana’s Nationally Determined Contributions (NDCs) has been revised to take on a more realistic ambition. Instead of the previously stated goal to achieve 100 percent renewable energy by 2025,...
The Government of the United States of America is looking forward to the finalisation of Guyana’s Local Content Policy, as well as amendments to the legislation on which the country’s Natural Resources Fund (NRF) has been established. This is...
U.S. oil major Chevron has signed a Production Sharing Contract (PSC) with Suriname state oil company Staatsolie Maatschappij Suriname for block 5 offshore the South American country.
By entering the PSC, Staatsolie said Chevron has been granted exploration, development and...
Guyana’s Central Bank has noted in its 2021 Half Year Report that the nation’s oil sector has taken the lead in boosting Guyana’s export earnings. According to the report, total export receipts increased by 63.6 percent or US$786.9 million...
Guyana’s Maritime Administration Department (MARAD) has announced that preparations for commencement of installation activities at the Stabroek Block for the Liza Unity Floating Production Storage and Offloading (FPSO) vessel will soon get underway, as the South American country prepares...
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vessel Coral do Atlântico.
The Brazilian-registered vessel has been secured on a three-year contract, with an option to...
