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SARA ‘shooting in the dark’ with oil blocks probe – Chamber

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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...
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Chamber frustrated with continued absence of functional local content framework in Guyana

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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...
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Six females among new batch for Guyana offshore training

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12 Guyanese will begin their careers in the oil and gas sector on June 3. The batch will receive training as Rig Clerks and will be stationed on the Noble Bob Douglas drillship on completion. Among the batch are...
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Guyana, Permian production set to play key role in ExxonMobil mega growth plans

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US oil major ExxonMobil on Wednesday announced plans to significantly increase its earnings and cash flow generation by 2025 as it not only focuses on fossil fuel projects but also on its efforts to work on lower emission technologies,...
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Over 400 Guyanese applied for jobs at energy department; new office on the horizon

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Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe says an important aspect of the department’s action plan is for it to be housed in a new building at an appropriate site within two years as Guyana continues...
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Brazil’s Petrobras nears sale of offshore oilfields

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Brazil’s Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt, Reuters said in a report on Tuesday. Petrobras,...
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Morgan Stanley pegs Guyana oil reserves at 6 billion barrels

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Guyana’s gross recoverable oil resource could stand at 6 billion barrels with potential for significant upside above this level according to US multinational investment bank, Morgan Stanley. In a recent research paper, the bank said its estimate is modestly above...
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Persad-Bissessar accuses T&T Prime Minister of incompetence in oil sector

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On the eve of Trinidad and Tobago’s government signing agreements with Shell and a number of other oil companies, former Prime Minister Kamla Persad-Bissessar has lashed out against her successor Dr Keith Rowley accusing him and his government of...
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Oil spill response advisor impressed with Guyana volunteer team

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The level of interaction and involvement of more than 40 Guyanese who participated in a recent oil spill response (OSR) training workshop has been lauded by Exxon Mobil Corporation OSR Advisor, Thomas Tomblin, who said the class even surpassed...
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US pledges support to Guyana as country preps for first oil

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The United States of America stands ready to assist the South American country of Guyana in its efforts to ensure the proceeds from oil production benefit all Guyanese. In a message on the occasion of Guyana’s 53rd independence anniversary celebrations,...
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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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