News

Guyanese manufacturing company gets recertification for quality standards

Guyanese manufacturing company, Demerara Distillers Ltd. (DDL) recently received their recertification for both the Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP) systems from SGS.  In a simple ceremony at DDL's Diamond head office, both...

CNOOC aiming to start up operations in Q4 at UK’s highest-producing oil field

(S&P Global Platts) China's CNOOC International confirmed July 8 it expects to start up production from the delayed Phase II expansion project at Buzzard, the UK's highest-producing oil field, in the fourth quarter 2021. In a statement, CNOOC said it...

Territorial hostilities delayed Exxon’s Stabroek Block campaign for years

When ExxonMobil was awarded the Stabroek Block license in 1999 it did not immediately move to begin exploration activities. Offshore drilling in Guyana at the time was negatively affected by controversies with Suriname and Venezuela, its neighbors to the...

Guyana looking to conduct major studies as part of transparency initiative for extractive sectors

Guyana’s Ministry of Natural Resources on Wednesday issued a Request for Proposals (RFPs) inviting eligible specialists to submit bids to complete two projects. The first seeks a consultant to conduct a comprehensive Guyana Extractive Industries Transparency Initiative (GYEITI) systematic...

Shell forced to evacuate 85 workers from North Sea project due to COVID-19

(S&P Global Platts) Shell has had to evacuate some 85 workers from its Shearwater gas and condensate project in the UK North Sea due to a COVID-19 outbreak, posing an "additional challenge" to the project timeline, a source close...

United Kingdom should not be bystander in Guyana’s oil boom, says former U.K. Energy Minister

If British companies and institutions do not give Guyana’s rapidly expanding oil and gas industry the support and massive experience they can contribute, then others will fill that void. This is the view of former U.K. Energy Minster and...

Guyana renews search for firm to market Liza crude

Guyana's Ministry of Natural Resources has issued a new Invitation for Bids (IFBs) from suitable firms to market the country's oil entitlement from the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel. Bidders are asked to submit their tenders...

Guyana seeking consultant to prepare third EITI report

In keeping with the requirements stipulated by the Extractive Industries Transparency Initiative (EITI), Guyana, through the Ministry of Natural Resources is in search of the services of an independent administrator to prepare the third report of the local transparency...

Public scoping meetings will greatly assist in determining the best way to develop gas-to-power project – EPA

Guyana’s Environmental Protection Agency (EPA) on Thursday, July 8, kicked off its first virtual public scoping meeting on the proposed US$900 million gas-to-energy project, emphasising the need for members of the public to share their concerns and recommendations, which...

Exxon technology, carbon tax could pave a low-carbon path for Guyana’s oil and gas sector

Co-Director of Energy Practice at America’s Market Intelligence (AMI), Arthur Deakin believes new oil producer Guyana could pave a low carbon path for its oil and gas sector with the help of ExxonMobil’s carbon-capturing utilizing and storage technology (CCUS),...

Latest News

BIT eyes scaffolding training rollout with support from SBM Offshore Guyana donation

The Board of Industrial Training (BIT) is looking to roll out scaffolding training as part of efforts to address...