News

Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe said the sustainable development of Guyana’s hydrocarbon discoveries and the revenues it will generate have the potential to place the country on a sustainable development pathway.  According to a...

As more stakeholders continue to speak out regarding an apparent investigation being conducted by an anti-corruption agency in Guyana over the award of oil blocks in the lead up to the 2015 national elections, two partners in the Canje...

Guyana’s former President, Donald Ramotar, who held direct responsibility for petroleum at the time offshore oil blocks, which are currently the subject of an anti-corruption probe, were awarded, is calling the investigation a political ploy designed to distract from...

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy. Thanks to an impressive sprint, Royal Dutch Shell has started producing oil and gas at its Appomattox...

Guyana’s Department of Energy (DE) says it stands firmly by the deadline of June 2019 for the finalization of a local content policy framework, which will serve to ensure the people of Guyana benefit from the multi-billion barrel petroleum...

(S&P Global Platts) Brazilian state-led oil and natural gas producer Petrobras set fresh daily and monthly records for output from ultra-deepwater fields in the country's offshore subsalt frontier in April and May, capping a 10-year run since first oil...

Dutch engineering firm Fugro, which has partnered with Guyanese firm Ground Structures Engineering Consultants Inc., has purchased a new vessel which they will use to conduct hydrographic surveys along Guyana’s coast. Marine Operations Manager for Fugro Guyana, Doug Chapman, gave...

(CMC) — The Government of Trinidad and Tobago on Wednesday signed a new energy agreement with Shell at the energy company's headquarters in Netherlands. Prime Minister Dr Keith Rowley joined Ben van Beurden, Chief Executive Officer of Royal Dutch Shell...

One of the lead groups representing businesses in the South American country of Guyana says while it stands firmly by the rule of law, it outrightly rejects the ‘reckless pronouncements’ being made by an anti-corruption agency regarding an apparent...

Business representatives who recently returned to Guyana after a successful foray at the Offshore Technology conference in Houston, Texas, are expressing frustration and deep concern with the absence of a functional local content policy framework, as the country moves...