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SBM Offshore Graduate Engineers: A beacon of inspiration to young Guyanese

OilNOW -
Paula Ceres and Tanisha Selby were among a group of seven Guyanese graduate engineers who gained hands-on training by SBM Offshore on the Prosperity floating production, storage and offloading (FPSO) vessel. Now, the young women aim to inspire young girls...
News

Major Canadian trade mission to Guyana on, next week

OilNOW -
Guyana’s oil bonanza and the massive growth potential in its traditional industries are expected to capture the attention of a Canadian Energy NL trade delegation visiting next the South American country week. Energy NL is Newfoundland and Labrador’s largest energy...
Opinions

Positioning Guyana Educationally for Economic Growth

OilNOW -
With two more oil discoveries in October 2022 and an expected record growth rate of approximately 58% according to International Monetary Fund (IMF), Guyana a nation of less than a million, is facing tremendous challenges surrounding human capital. This...
News

Over US$127 million spent by Exxon, contractors in Guyana during first half of 2022

OilNOW -
For the first half of 2022, ExxonMobil Guyana and its contractors spent over US$127 million (GY$26.5 billion) on Guyanese suppliers The Stabroek Block operator has also confirmed with OilNOW that since announcing the first commercial discovery in 2015, over US$700 million was...
News

Exxon’s largest Supplier Forum in Guyana opens today

OilNOW -
ExxonMobil Guyana and the Centre for Local Business Development are launching the highly anticipated Guyana Supplier Forum today at the Leonora Stadium (National Track and Field Facility), West Coast Demerara. The event will run until Wednesday. On Monday, companies, among the...
News

Exxon gearing up for major Supplier Forum in Guyana next week

OilNOW -
Major stakeholders leading the development of the oil and gas sector in Guyana are gearing up to host the second in-person Guyana Supplier Forum. ExxonMobil Guyana and the Centre for Local Business Development are at the helm of the organisation...
News

19 more Guyanese women entrepreneurs complete Accelerate-Her program

OilNOW -
The Centre for Local Business Development (CLDB) hosted an event at the Pegasus Hotel on Saturday, commemorating the completion of the second cohort of its entrepreneurship program – Accelerate-Her. Accelerate-Her is a professional development initiative for women entrepreneurs. It aims to...
News

AccelerateHer 2.0 women entrepreneurship program launched, with support from Stabroek Block partners

OilNOW -
A new batch of women entrepreneurs embarked on the second iteration of the Centre for Local Business Development’s women entrepreneurship program called AccelerateHer on Friday evening at the Pegasus Hotel in Georgetown. More than 130 women owners, operators and managers from seven...
News

Guyana’s oil earnings per capita by 2025 could exceed Qatar, Kuwait and Norway – Expert

OilNOW -
A United States Geological Survey estimated in the year 2000 that the Guyana-Suriname basin's reserves stand at 13.6 billion barrels of oil and 32 trillion cubic feet of gas, but subsequent discoveries and surveys have taken updated estimates way beyond...
Opinions

US$10B Yellowtail Project set to unleash a tsunami of economic benefits

OilNOW -
Apart from the profit oil and royalty the State stand to gain, ExxonMobil’s US$10 billion Yellowtail Project in the Stabroek Block which is set for first oil in 2025-2026, is poised to unleash a tsunami of economic benefits for...
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Afreximbank and Suriname to launch US$5B local content facility

PARAMARIBO, Suriname — African Export-Import Bank (Afreximbank) will partner with the Government of Suriname to establish a US$5 billion...

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