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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...

Enermech nets US$128M in Africa, Middle East, Caspian contracts

Enermech announced Wednesday that it was able to net several operating expenditure (OPEX) and capital expense (CAPEX) contracts totaling US$128 million for work in African, Middle Eastern and Caspian locations. Eight key clients awarded 11 core competency projects, across a...

US$100M to be invested in international oil and gas institute – Guyana President

Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...

Agriculture more than food on the table: A conceptual approach within Guyana’s oil and gas riches

Dr. H Arlington D Chesney Guyana has recently become a major oil and gas country. The estimated recovery resource base is 9 to 15 billion boe. Consequently, GDP is projected to grow by 49.7% in 2022. The Governor of the Central...

Good governance, the best play for Guyana

By Dr. Lorraine Sobers - OilNOW Guyana is no longer the ‘wimpy kid’ on the playground with the second lowest gross domestic product (GDP) in the region.  Over the last 5 years Guyana has had a major growth spurt and...

Energy Conference opens today in new South American oil province

Global oil sector majors have arrived in Guyana for the nation's first major energy conference since the COVID-19 pandemic started just over two years ago. The International Energy Conference and Exhibition which begins today and concludes on Friday, seeks...

Upcoming oil conference will strengthen Guyana’s recognition as emerging oil & gas leader – Bharrat

Guyana’s Ministry of Natural Resources said on Wednesday it welcomes the International Energy Conference and Expo and is pleased to be associated with the event slated for February 15 -18, 2022, at the Arthur Chung Conference Centre, on the...

International Energy Conference launched

The International Energy Conference and Expo was launched on Tuesday in Georgetown, Guyana, slated to be held on February 15-18, 2022, under the theme ‘Charting a sustainable energy future’. The Conference’s Chief Executive Officer, Angenie Abel said presentations will seek...

Growing a Guyanese brand with international standards

When Kerensa Gravesande-Bart conceptualised Strategic Recruitment Solutions Incorporated Guyana (SRSGY), she knew that she wanted to create a company that would not only be Guyanese-owned but it should be able to drive local content and provide tangible avenues for...

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CGX says Guyana government open to talks over cancelled Corentyne oil license

CGX Energy said on Friday that the Government of Guyana has indicated it may be open to talks in...