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Fmr President says disclosing petroleum contract will not jeopardize national security

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Former President of Guyana and current Leader of the Opposition, Bharrat Jagdeo, is of the view that public disclosure of the petroleum contract with US super-major ExxonMobil will not jeopardize the South American country’s national security. The agreement, signed on June...
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Local content must be clearly defined, should take effect from exploration stage – GCCI

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The Georgetown Chamber of Commerce and Industry (GCCI) is calling for a clear definition of “local content” and believes this should take effect as early as the exploration stage, in Guyana's oil and gas sector. GCCI, which represents 180 private sector...
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Private sector group wants Guyana government to explain how it will use oil money

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The head of a body representing private sector interest in Guyana believes that the country’s government should already have a plan in place on how revenues from the oil and gas industry will be utilized. In an interview on Thursday...
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More Guyanese companies competing for contracts in oil & gas

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Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...
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25 Canadian organisations for Guyana O&G trade mission

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The High Commission of Canada is collaborating with the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) and GOINVEST to bring a Canadian oil and gas trade mission of approximately 25 entities from Canada's offshore oil and gas...
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Exxon on target: Liza Destiny arrives 2019

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ExxonMobil says preparation for first oil in Guyana is on schedule and preliminary work being undertaken by key contractors is progressing well. Liza Destiny - the Floating Production Storage and Offloading (FPSO) vessel being designed by SBM Offshore to produce...
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Guyana looking to make O&G local content framework “national model”

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While a draft Local Content Policy framework currently being reviewed in Guyana has been designed specifically for the oil and gas industry, the government hopes that it would serve as a blue print for other sectors in the economy. Guyana’s...
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Diverting natural gas to shore technically feasible, could lower electricity cost – Exxon Country Manager

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As Guyana moves closer to first oil in 2020, US super-major ExxonMobil and authorities in the South American country have been mulling the feasibility of diverting natural gas from the production reservoir offshore, to land, for electricity generation. ExxonMobil Country...
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France plans to end oil output by 2040 with exploration ban

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(Bloomberg) France will stop granting new exploration permits next year as it seeks to end all oil and gas production by 2040, according to a draft bill presented at a cabinet meeting Wednesday. The move would allow the government to...
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North Sea oil and gas sector losing thousands of jobs, survey shows

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(The Guardian) Britain’s North Sea energy sector is still shedding thousands of jobs despite the recovery in the oil price, according to new figures. The industry had already been hollowed out by the 2014-16 oil price slump, falling from a...
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U.S. Senator presents bill to strengthen security cooperation with Guyana amid Venezuela threats

United States Senator Michael Bennet (Democrat, Colorado) has proposed new legislation aimed at enhancing security cooperation with Guyana, deterring...

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