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Oil pushing big demand for data, connectivity services in Guyana

Since the discovery of oil, Guyana has undergone sector-wide changes including the digital transformation of the small South American country. That change requires innovative technology solutions whether it be onshore or offshore and to meet these needs, local telecommunications companies...

Former Head of Guyana’s CDC appointed to lead Caribbean Disaster Management Agency

Lieutenant Colonel Kester Craig has been appointed Deputy Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA). The Chair of the Management Committee of the CDEMA Council, Ambassador Elma Gene Isaac of Saint Lucia, announced Monday that the appointment...

Guyana’s petroleum and renewable agendas not at odds with each other – Canadian High Commissioner

Canadian High Commissioner to Guyana, Mark Berman, holds the view that the agendas of Guyana’s petroleum and renewable energy sectors are not at odds. In fact, the High Commissioner highlighted that the country is in a fortunate position to...

Guyana aims to be top tier investment destination for oil, other industries – GCCI President

With Guyana’s oil and gas sector poised to usher in a new area of unprecedented Foreign Direct Investments (FDI), it is critical that the country has a well-crafted plan to improve the business environment so that maximum benefits and...

A UG-GOAL for Guyana: Education and National Transformation

By Dr. Terrence Blackman and Dr. Carolyn Walcott – OilNOW Education and innovations pertinent to the needs of industry are vital to a nation's development. Therefore, state leaders must be deliberate in privileging human capital investments because of their connectedness...

The Production Sharing Agreement, Renegotiation, and the Stability Clause (Part 1)

By Joel Bhagwandin - OilNOW Summary The full project lifecycle of the oil and gas business is around 30 years or more. During the exploration and development stage which may span about 20 years before production, the oil companies continuously...

JV delivers first OPITO-approved training facility for Guyana’s oil and gas industry

ODITC – a joint venture partnership between Orinduik Development Incorporated, Windsor Technologies and 3t EnerMech – is the first entity with approval to deliver OPITO-accredited training to the oil and gas industry in Guyana. The 3t EnerMech Guyana Training Centre of...

Guyana’s oil wealth, resource distribution, and coexisting vulnerabilities

By Dr. Carolyn Walcott and Dr. Terrence Blackman – OilNOW Guyana is poised to become the world's 4th largest oil producer by 2035. This projection, presented by Rystad Energy in its 2022 report, Guyana Upstream, concretely quantifies the wealth beneath...

Transparent transformation – safeguarding Guyana’s oil boom

By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW In May 2015, when the government of Guyana, through global oil investors, announced that oil was discovered in significant quantities offshore, economic transformation and development became state actors' preoccupation. The...

Iconic Guyanese-owned Pegasus Hotel completes major expansion

Guyanese businessman, Robert Badal, celebrated the grand opening for the US$100 million Pegasus Hotel Suites and Corporate Centre in Kingston, Georgetown on Wednesday evening. Guyana’s hospitality sector has benefited from major investment interest and injections. But this project is unique...

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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...