A key player in Guyana’s business community is sounding a dire warning that if swift action is not taken to implement local content legislation, Guyanese will continue to lose out on major procurement opportunities for the offshore oil developments.
“I’ve...
(S&P Global Platts) The plan by OPEC+ to boost crude oil production by 400,000 b/d each month until December won't be enough to cater to rising global oil demand and help build inventories, particularly in Asia, where more supply...
Saipem and WSense, an Italian start-up in the field of innovation, have signed a cooperation agreement for developing complex communication networks for subsea drones.
These so-called multi-purpose intelligent nodes will be designed and qualified by Saipem and WSense to be...
Marine transportation service provider Edison Chouest though its local affiliate G-Boats Inc., an ExxonMobil Guyana prime contractor, says it has been expanding its local content efforts to create more jobs and provide training and capacity building opportunities for Guyanese...
By Guyana’s Ministry of Foreign Affairs and International Cooperation
October 3 is a special day to Guyana and to Venezuela. It is special to the rule of law internationally. It is special to peace and justice worldwide.
122 years ago, on...
The Diaspora Unit of the Ministry of Foreign Affairs and International Cooperation in Guyana says it is developing a robust network to facilitate investors looking to plug capital into the new oil producing country, as more opportunities continue to...
Argentina’s Vaca Muerta shale play, having registered strong growth in oil and gas production and well activity levels in recent months, has emerged as the world’s fastest growing major shale basin, a Rystad Energy report shows. A record number...
Guyanese private sector body, the Georgetown Chamber of Commerce and Industry (GCCI) on Friday renewed its call for the government to table legislation covering local content but stressed for this to be done before the end of 2021.
In a...
Bristow Group Inc. has appointed Courtney Byrne as the Area Manager for its Guyana operations. In this position, Bristow said Byrne will work closely with its customers and across the company "to deliver world-class service as we grow the...
Deeper potential for hydrocarbons in multiple zones offshore Guyana at the giant Stabroek Block will continue to come under the drilling bit this year and into 2022 as the search for more oil intensifies in the South American country....
