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Wealth fund workshop planned; committees not yet fully constituted

OilNOW -
A team from the International Monetary Fund (IMF) has been in Guyana to assist the Government, through the Ministry of Finance, in setting up its own internal unit that specifically focuses on oil and gas management in the country. This...
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T&T oil decline driving investors to nearby Guyana – Ramnarine

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Trinidad and Tobago (T&T) has seen a stagnation in its oil-based economy in recent years and with little to no new investment opportunities, its businessmen are now flocking the hemisphere’s newest Oil and Gas (O&G) hot-spot—neighbouring Guyana. So says former...
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7 play types, over 50 large prospects at Apache Suriname block

OilNOW -
In Suriname, where at least four non-commercial wells have been drilled in as many years by Kosmos Energy and Apache, the next 12 months nonetheless look busy. S&P Global Platts said in a recent report that despite setbacks at two...
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Guyana looking to collaborate with Kuwait for O&G

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Guyana’s President David Granger on September 11 accepted letters of credence from the plenipotentiary representative from Kuwait, His Excellency Nasser Riden Al-Mptairi, with the hopes of continuing cooperation and initiates in new areas of collaboration, especially in the oil and...
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Eco Atlantic shares appreciate after Orinduik discovery

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Share prices for Eco Atlantic Oil and Gas (O&G) have appreciated significantly on the stock market, following the discovery of more than 100 million barrels of recoverable hydrocarbons in the Orinduik Block offshore Guyana. According to market reports, the company—co-venture...
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ExxonMobil adds three offshore blocks to Brazilian portfolio

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(Offshore Energy) As part of the first cycle of the permanent round, the country’s regulator, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), auctioned 33 blocks in the Sergipe-Alagoas, Parnaíba, Potiguar and Recôncavo basins, and 12 areas...
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$100M investment fund set up to support Guyana onshore O&G services

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A $100 million USD Investment Fund has been set up particularly for Guyana to boost the provision of its onshore services. The Guyana Office for Investment (GO-Invest) on Tuesday announced the development coming out of the Society of Petroleum Engineers...
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Liza Destiny FPSO sails in on tide of good fortunes for Guyana

OilNOW -
Along with its arrival, the 120,000 bpd Liza Destiny FPSO has brought with it good tidings, hope and an opportunity for a brighter future for Guyana; a small country of just over 750,000 people, located on the northern tip...
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Energy Dept. prepping for early oil production

OilNOW -
The early arrival of Guyana’s first floating oil production complex could fast-track the South American country’s move to first oil and the Department of Energy (DE) – the lead state agency for the petroleum sector – is advancing its...
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Guyana launches trade facilitation road map ahead of first oil

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With the advent of oil and gas there has been growing interest in the South American country of Guyana and authorities are moving to capitalise on this with the launch of a trade facilitation road map 2019- 2024. The road...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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