News

Guyana, T&T companies merge to provide O&G logistics, support services

Guyana’s Oil and Gas sector continues to grow with the coming on stream of more indigenously owned companies providing support services to the industry, the latest being Guysons Oil and Gas Logistics and Services. The announcement was made by Guysons...

Tapping into oil and gas opportunities: tips to getting in

The direct and indirect business opportunities driven by the petroleum industry are significant. In Newfoundland and Labrador, our business community experienced significant growth as our petroleum industry matured. This was driven with new opportunities to directly service and supply the...

Guyana’s largest petroleum summit opens

The inaugural Guyana International Petroleum Exhibition and Summit (GIPEX) 2018 got off to a spectacular start on Wednesday which participants say have exceeded their expectations and cemented GIPEX as the South American country’s largest petroleum summit to date. The more...

GIPEX has exceeded expectations – Exxon Country Manager

ExxonMobil Guyana Country Manager, Rod Henson, believes that the Guyana International Petroleum Exhibition and Summit which opened on Wednesday has exceeded expectations by attracting a high degree of participation from major players in the industry in what is just...

In midst of ‘deepwater apocalypse’ Exxon remained in Guyana – Kevin Ramnarine

Former Minister of Energy and Energy Affairs in Trinidad and Tobago, Kevin Ramnarine, says even with the collapse in petroleum prices US oil major ExxonMobil stuck it through in Guyana, and as a result of multiple discoveries, the South...

Mega petroleum summit opens today in Guyana

All roads will lead to the Guyana Marriott Hotel today as the country gets ready to host the inaugural Guyana International Petroleum Exhibition and Summit – GIPEX 2018. With six significant discoveries made in the offshore Stabroek block in just...

Legal team compiling report on UN border controversy ruling

A legal team of advisors at Guyana’s Ministry of Foreign Affairs, International Relations and Co-operations, is currently finalizing its report charting a roadmap for the Cabinet Counsel of Minister’s consideration this week. This, as the South American nation prepares to...

“The Good Offices process as Guyanese know it has finished” – VP Greenidge

Venezuela has objected to a decision by United Nation’s (UN) Secretary General (SG), Antonio Gueteres, to refer its border objections with Guyana to the International Court of Justice, calling instead for a continued ‘Good Offices’ mechanism. The former British Colony...

GIPEX registration approaching maximum capacity; organisers prepare for grand opening

With just 24 hours remaining before the inaugural Guyana International Petroleum Exhibition and Summit (GIPEX) begins, organisers say registration is approaching maximum capacity, even as more persons look to sign on to participate in the signature event. “For the inaugural...

Total buys stakes in offshore Guyana blocks

French oil company Total said on Monday it has signed agreements to acquire interests into two exploration licenses offshore Guyana; the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for the nearby...

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Guyana must transform its oil boom into sustainable, broad-based prosperity – Minister Ally 

Guyana’s Minister of Public Service, Government Efficiency and Implementation, Zulfikar Ally, has called on business leaders to convert the...