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Guyana’s private sector looks abroad for technology to drive non-oil growth

OilNOW -
Cross-border technology transfer is essential to strengthening Guyana’s private sector beyond oil and gas, according to Captain Gerald Gouveia Jr., Chairman of the Private Sector Commission (PSC). Gouveia told OilNOW last week that technology is already driving growth in the...
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Guyana launches advanced tech training hub to put citizens at the helm of oil & gas boom

Trichell Sobers -
A strategic investment to prepare Guyanese for high-level jobs in the country’s oil and gas and other advanced industries is how the newly opened Guyana Technical Training College Inc. (GTTCI) was described by President Irfaan Ali today, February 14.  The...
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TotalEnergies eyes integrated well contracts for Suriname’s GranMorgu project

OilNOW -
TotalEnergies is considering a move toward more integrated well contracts for its offshore development in Suriname, Chief Executive Officer Patrick Pouyanné said during the company’s fourth-quarter 2025 earnings call on February 12. Pouyanné told analysts the company is refining how...
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Guyana’s Single Window system, digital reforms improving local business climate – PSC Chairman

Trichell Sobers -
Digital reforms undertaken by the Guyanese government, including the Planning and Development Single Window system, are improving efficiency in the country’s business environment by reducing approval timelines and streamlining regulatory processes. This is according to Chairman of the Private...
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Guyana moves to wipe out local content certification backlog with digital portal

OilNOW -
Guyana’s Ministry of Natural Resources, through the Local Content Secretariat, has launched its online portal to speed up local content certification and reduce delays, as the government seeks to improve efficiency in the oil and gas supply chain. Michael Munroe,...
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Guyana license expands TotalEnergies exploration pipeline

OilNOW -
TotalEnergies said in its fourth-quarter 2025 earnings report released on February 12 that a newly signed petroleum license offshore Guyana adds to its pipeline of future projects, as the company pushes to expand exploration acreage across multiple regions. The French...
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Guyanese firms expanding O&G services into offshore vessels, aviation, oil block operations – PSC Chairman 

Trichell Sobers -
Chairman of Guyana’s Private Sector Commission (PSC), Captain Gerald Gouveia Jr. says local businesses are taking on bigger roles in the oil and gas sector, including offshore vessel operations, catering, aviation services, and oil block operations. Speaking with OilNOW this...
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Government allocates GY$119M to review Exxon’s first non-associated gas project in Guyana 

OilNOW -
Guyana has allocated GY$118.9 million (approximately US$570,000) in its 2026 budget to review ExxonMobil’s proposed Longtail development, Natural Resources Minister Vickram Bharrat said on February 10. Speaking during consideration of budget estimates, Bharrat said the allocation caters for the “eventuality”...
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Guyana’s local content legislation spurring broader compliance beyond oil sector, minister says

OilNOW -
Guyana’s local content legislation, originally crafted for the oil and gas industry, is influencing investor behaviour across other sectors of the economy, Natural Resources Minister Vickram Bharrat said on Tuesday, February 10. The Local Content Act, legislated at the end...
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Guyana’s GtE transmission lines, substations set for May completion; control center by end-2026

OilNOW -
Prime Minister, Brigadier (Ret’d) Mark Phillips, has confirmed that transmission lines, substations, and transformers for Guyana’s flagship Gas-to-Energy (GtE) project will be completed by May 2026. He said the Guyana National Control Center (GNCC) is expected to come on...
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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...

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