News

A high-level team from Japanese shipbuilding company MODEC recently met with Guyana's Foreign Secretary, Robert Persaud in Tokyo, where an update on its local content plan and project operations were discussed. Persaud was at the time on a visit...

President Nicolas Maduro of Venezuela reaffirmed the country’s rejection of the International Court of Justice’s (ICJ) jurisdiction to resolve the territorial controversy with Guyana, in a November 7 post on X (formerly Twitter).  “Let no one be confused! Venezuela has...

McDermott International, Inc. has further expanded its involvement in one of India's most significant subsea projects by securing a large transportation and installation contract from the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project. This development...

Staatsolie Hydrocarbon Institute N.V. (SHI), a subsidiary of Staatsolie Maatschappij Suriname N.V., has initiated a new opportunity for oil companies to engage in its offshore oil and gas sector. Staatsolie has announced an auction of eleven blocks within the...

Guyana’s Environmental Protection Agency (EPA) has put in place a series of robust measures to guide the Prosperity floating production storage and offloading (FPSO) vessel’s offloading operations for ExxonMobil’s Payara development project. The project, set to come online soon, is...

A former Venezuela envoy to Guyana, Sadio Garavini di Turno, has openly criticized the Nicolas Maduro government's decision to hold a referendum on the Essequibo territorial claim, labeling it not just as useless but also harmful to the country's...

Equinor has announced a commercially viable gas discovery by the Gina Krog field in the North Sea, with plans to commence production as early as the fourth quarter of 2023. The discovery, although considered small, is significant due to...

A comment from Prime Minister of Barbados, Mia Mottley, urging both Guyana and Venezuela to ensure the Caribbean region remains a zone of peace is not sitting well with Guyanese lawmakers.  Mottley told attendees at her party’s 84th Conference over...

In a display of unity, Guyana's National Assembly has cast a unanimous vote, reaffirming support for the government's stance on the longstanding territorial controversy with Venezuela. This rare consensus is a striking display of solidarity among political parties that...

The Guyana Defense Force (GDF) is enhancing its naval capabilities with the addition of a new patrol boat to protect the country's territory. The GDF’s new Metal Shark 115 Defiant patrol boat is currently en route to Guyana, following...