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Payara project allowed Guyanese company to rehire 30% of staff that were laid off

OilNOW -
Caribbean Clothing Limited is a full-service garment manufacturer in Georgetown, Guyana. When the COVID-19 pandemic hit the South American country, and the world grappled with the economic and social effects, the company was forced to cut its workforce and...
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Major training, capacity building programmes launched for Guyanese women

OilNOW -
The Centre for Local Business Development on July 15, 2021, launched its ‘Accelerate Her’ and the ‘Cherie Blair Foundation for Women - Road to Growth’ programmes which are geared towards building the capacity and marketability of women-led businesses in...
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Guyanese manufacturing company gets recertification for quality standards

OilNOW -
Guyanese manufacturing company, Demerara Distillers Ltd. (DDL) recently received their recertification for both the Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP) systems from SGS.  In a simple ceremony at DDL's Diamond head office, both...
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Matpal Marine Institute gets ISO certification

OilNOW -
MatPal Marine Institute has joined the growing list of ISO 9001:2015 Certified companies in Guyana, through the support of Global Compliance Service (GCS), the only Accredited ISO Certification Body with a resident office in the new oil producing South...
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Guyana can become key player on global oil market with increased production – API’s Chief Economist

OilNOW -
With Guyana expected to produce more than 800,000 barrels of oil per day by 2025, experts say that the country can become a key producer in creating global oil market balance as the demand grows and supply shrinks. Chief Economist...
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High cost of finance and issues with accessibility must be addressed as Guyana economy takes off

OilNOW -
New businesses are being established in Guyana and existing organisations are adjusting and realigning the services they are providing to better meet the needs of the growing oil and gas industry. However, many continue to face challenges with accessing...
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GLASS is latest Guyanese company to be ISO certified

OilNOW -
Guyana Logistics and Support Services Inc. (GLASS) has become the latest Guyanese company to achieve certification for ISO 9001:2015 International Standard. The adoption of a quality management system is a strategic decision for an organization that can help to improve its...
News

Halliburton will service 100% of its Guyana operations in-country from this year

OilNOW -
U.S. oilfield service company Halliburton aims to have 100 percent of its operations serviced from Guyana in 2021. The company expects this move to result in a major increase in its in-country purchases, by at least 50 percent, and...
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Exxon’s multi-billion-dollar initiative will help change the face of UG – Vice Chancellor

OilNOW -
Major transformation is coming for Guyana’s highest institution of learning as a multi-billion-dollar capacity building and development project initiated by ExxonMobil and Stabroek Block co-venturers, Hess and CNOOC, is set to roll out. Over the years, ExxonMobil Guyana has been...
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Greater Guyana Initiative fully funded by Stabroek Block co-venturers – ExxonMobil

OilNOW -
ExxonMobil and co-venturers on the Stabroek Block, Hess and CNOOC, have affirmed that their commitment to Guyana extends beyond the oil and gas sector. The companies are investing billions of Guyana dollars in capacity-building and the economic development of...
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PETRONAS secures deepwater Block 66 in Suriname with new contract

PARAMARIBO SURINAME - Staatsolie has signed a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise...

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