News

“We never threatened the peace; Venezuela has been the aggressor” – Jagdeo

Guyana’s Vice President Bharrat Jagdeo had cause to reiterate that it is Venezuela that has assumed an aggressive posture in its efforts to grab two-thirds of his country’s territory.  That retort was in response to those who have called on...

Referendum on Essequibo “must be suspended” – Maduro’s main presidential challenger

Nicolas Maduro’s main challenger in Venezuela's upcoming presidential elections, María Corina Machado has called for the suspension of the December 3 referendum on Guyana’s Essequibo region.  ...

Petrobras, Shearwater forge alliance to transform seismic exploration 

Brazilian oil giant Petrobras and Norwegian marine seismic services company Shearwater have announced a collaborative technology agreement aimed at reshaping seismic exploration and field developments. Described as a multi-year strategic partnership, the alliance seeks to propel the seismic industry to...

Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert 

Guyana faces a critical obstacle hindering the participation of local businesses in the country's local content development initiatives - the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation's...

CARICOM should consider deploying a military observation mission to Guyana – Prof. Kirton

In the midst of escalating tensions between Guyana and Venezuela, Professor Mark Kirton, an expert in International Relations, has emphasized the critical need for immediate regional and international support to safeguard Guyana's territorial integrity. Venezuela reinvigorated its claims to the...

Sensitization of citizens will ensure nation “continues to speak with one voice”  – Prof. Kirton 

The sensitization of citizens in Guyana will ensure the nation continues to speak with one voice on the ongoing Venezuela border controversy. So says international relations expert, Professor Raymond Mark Kirton.  “Perhaps the most important approach to be enhanced by...

Shell Egypt discovers gas reservoir in Mediterranean exploration campaign 

Shell Egypt announced the successful completion of drilling its initial well, Mina West, a win in its three-well exploration campaign in the North East El-Amriya block, situated in the Mediterranean Sea. The drilling operation uncovered a gas-bearing reservoir, Shell...

Bajan opposition leader slams Mottley over stance on Guyana-Venezuela controversy

The Democratic Labour Party (DLP) has sharply criticized Barbadian Prime Minister Mia Mottley's administration for its perceived lack of support towards Guyana amidst Venezuela's claim on the Essequibo region.  Dr. Ronnie Yearwood, leader of the DLP, condemned the Barbadian government's...

Stena DrillMax targeting Basher-1 in new Exxon campaign off Guyana coast

ExxonMobil has begun targeting the Basher-1 well in the Stabroek block, the company confirmed to OilNOW.  According to details provided by the Maritime Administration Department (MARAD), ExxonMobil has commenced drilling the Basher-1 well using the Stena DrillMax. Basher-1 represents one of...

Rowleys says dialogue ought to be response to “difficulties” in Guyana, Venezuela border controversy

Trinidad and Tobago Prime Minister, Dr. Keith Rowley believes that in the face of rising tensions surrounding the border controversy between Guyana and Venezuela, “dialogue” ought to be the response. He relayed this position on November 20 during a...

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Chouest bolsters subsea capabilities with acquisition of ROVOP

The Chouest group has announced its acquisition of ROVOP, a provider of remotely operated vehicle (ROV) services. The move...