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Guyana law firm becomes member of Houston-based Lex Mundi

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Houston-based Lex Mundi said on Monday its Board of Directors voted unanimously to admit Hughes, Fields & Stoby as its exclusive member firm for Guyana. Lex Mundi is a global leading network of independent law firms with in-depth experience in...
News

Keep wealth fund in place, don’t tie it to political machinery – US Ambassador urges

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In order to be effective, Guyana’s Natural Resources Fund (NRF) must be non-partisan. This is according to U.S Ambassador, H.E. Sarah-Ann Lynch. She made these remarks during her speech at the Guyana Manufacturing and Services Association Limited’s (GMSA) Business Luncheon...
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Baker Hughes and C3.ai announce joint venture to deliver AI solutions across O&G industry

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Baker Hughes, a GE company (NYSE:BHGE) and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels...
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Guyanese sister companies providing support services for Harvey Gulf

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Two indigenous Guyanese sister companies are stepping up their operations in the new South American oil and gas hotspot, pushing local content for US-based Marine Transport Company, Harvey Gulf. Western Logistics and Pandora Energy are working in tandem to provide...
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Total commits to transparency of contracts at EITI Paris conference

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Patrick Pouyanne, CEO of French multinational oil corporation Total, gave a commitment to supporting transparency and openness of contracts in its operations around the world. Pouyanne was speaking on Thursday at the Extractive Industries Transparency Initiative (EITI) Global Conference in...
Exploration

Multiple play types with an 87% success rate make Guyana a unique frontier

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The resource growth in Guyana’s Stabroek Block is being described as ‘staggering’ by a top official at US oil major ExxonMobil who says while the average success rate in a frontier area is 10%, the company has had an...
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Discovering Oil: It’s not like the movies. But it’s still pretty exciting – Energy Factor

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One year before the giant Liza discovery… The data from the well logs looked promising, and a restrained optimism began to build among small groups of specialists at ExxonMobil’s north Houston campus, at its Georgetown venture office and aboard the...
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Liza Destiny ready to set sail for Guyana oil bonanza

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The Liza Destiny, the first oil production vessel to be placed in Guyana has been officially dedicated by the South American country’s First Lady, Madam Sandra Granger. In keeping with tradition and naming protocols, the dedication is performed by a...
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SBM Offshore takes ‘Life Day’ to Guyana

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With an eye on the safety and wellbeing of its employees, SBM Offshore observed its sixth annual Life Day event on Wednesday, June 12, 2019. Life Day, which is observed globally, was held in Guyana for the first time,...
News

Eco Atlantic not aware of any Guyana oil probe that would affect its work

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(Reuters) - Canadian-listed Eco Atlantic said on Wednesday it was not aware of any corruption probe in Guyana that would affect an offshore concession it has with partners Total and Tullow Oil . Guyana's anti-corruption agency launched an investigation into...
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‘Entirely misleading’ – ExxonMobil rejects media comparisons of IFRS profits and oil profit share

ExxonMobil Guyana’s Vice President and Chief Financial Officer, John A. Colling, has rejected recent claims in the local media...

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