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Oil booms are followed by hangovers: Guyana must prepare – GOGA CEO

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Oil booms result in bursts of economic growth, but this is often followed by a downturn that severely affects countries unprepared to mitigate the effects of falling prices. The head of the Guyana Oil and Gas Association (GOGA) says...
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Canadian O&G trade mission due in Guyana September

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The Newfoundland and Labrador Oil & Gas Industries Association (NOIA), in partnership with the Atlantic Canada Opportunities Agency (ACOA) and the Department of Tourism, Culture, Industry and Innovation (TCII) are planning a trade mission to Guyana during the week of...
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Guyana must beware of attempts by Trinidad & Tobago to dominate oil discourse – Former Minister

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The discourse on, and direction of Guyana's oil and gas development framework must not be driven nor dictated by the Trinidad and Tobago experience, or any other singular case. This view was made public by Guyana’s former Minister of...
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“We have advisors…we may not be running around listing them” – Trotman

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Jones Day, an international law firm based in the United States, and a Norwegian law Firm, are among the team of experts hired by the Guyana government to advise on oil and gas. This is according to Guyana’s Minister...
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Specialized skills needed to combat oil & gas corruption – Fraud Expert

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Fraud Audits and Fraud Deterrence capabilities are necessary skills that should be invested in by the Government of Guyana as it continues its rapid push to build a successful oil and gas industry, based on transparency and accountability. This is...
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Guyana to sign onto OPEC fund

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Guyana will soon be signing onto the Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development (OFID). The country’s Finance Minister, Winston Jordan, will be travelling to OPEC’s Headquarters in Vienna, Austria, on July 14 to sign the agreement....
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ExxonMobil, Guyana officials bid farewell to local “trail blazers” off to work on Stena drill ship

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In what is being described as a “historic moment” in Guyana’s emerging oil and gas industry, officials from both the country’s government and US super-major, ExxonMobil, bid farewell on Thursday morning to the first batch of Guyanese that will be...
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Rising OPEC exports, strong US dollar send crude down slightly after prolonged gains

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(Reuters) Oil prices fell more than 1% on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish. Benchmark Brent crude futures were down 57 cents, or 1.2%,...
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11 Guyanese to work offshore on Stena Carron drill ship

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Eleven Guyanese have been selected to work offshore on the Stena Carron drillship which is currently conducting exploration work at the Payara 2 well in the Stabroek Block offshore Guyana, for US super-major, ExxonMobil. The candidates selected were recruited...
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Bristow cuts jobs due to oil & gas downturn

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Bristow Helicopters Limited is slashing more jobs as a result of “continued challenges” caused by the downturn of the oil and gas industry. Up to 15 Bristow Helicopters employees will be made redundant at bases in Aberdeen and Surrey,...
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What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...

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