News

Guyana's Vice President, Dr. Bharrat Jagdeo, stated unequivocally that the government does not condone rogue behaviour, stating, “There's no room for maverick action here in this government.”  The statement came as he addressed concerns about the Petroleum Unit of the...

In a recent Expression of Interest (EOI), Halliburton Guyana Inc., a key contractor for ExxonMobil Guyana, has announced its quest for suitable firms to provide real estate services.  The scope of this endeavour is for the construction of new office...

Norwegian oil and gas company Equinor, in partnership with Repsol Sinopec Brasil and Petrobras, has submitted declarations of commerciality and plans of development for two substantial fields in the BM-C-33 concession in the Campos Basin, offshore Brazil. Equinor is the...

Venezuelan President Nicolas Maduro posted on X, formerly Twitter, that his government has closed the deal with Trinidad and Tobago to see the development of the Dragon Gas field that straddles both nations.  In a statement issued by the Venezuelan...

Guyana’s Ministry of Natural Resources has invited bids for the provision of marketing services for the country’s oil entitlement from ExxonMobil’s Stabroek Block production. The contract is expected to be awarded late October to early November. The notice said the...

“Quite successful” was the review given by Americas Market Intelligence (AMI) Energy Co-Director, Arthur Deakin, to the results of Guyana’s first licensing round. However, the analyst says more transparency is needed regarding details of the bids. The bids were...

SBM Offshore, builder of Guyana's floating production, storage and offloading (FPSO) vessels, has made another achievement in its pursuit of cleaner, greener energy solutions, this time by harnessing the power of the ocean to generate wind energy. The company successfully...

The United States has publicly endorsed Guyana's sovereign right to utilise its natural resources, in the wake of a statement from Venezuela objecting to Guyana’s offshore licensing round.  Ambassador Brian A. Nichols, Assistant Secretary for Western Hemisphere Affairs at the...

Guyana's political landscape is often polarised, but when it comes to Venezuela’s claims for their territory, they are never at loggerheads.  The government and opposition are aligned against a recent threat from Venezuela.  Amanza Walton-Desir, Member of Parliament and Shadow Minister...

Venezuela’s latest threats against Guyana were brought to the world stage by its President, Dr. Mohamed Irfaan Ali who reaffirmed that his government remains resolute in its bid to resolve the border controversy with the Bolivarian Republic in an...