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GOGA, Marak set to stage 1st local content conference in Guyana

Following the massive oil discoveries offshore Guyana, the Guyana Oil and Gas Association (GOGA) says the country has an opportunity to achieve a new path of sustainable economic growth and development; through applicable Local Content Policies and Strategies that...

Study shows Suriname businesses must boost capacity to benefit from offshore oil industry

As the search for oil continues offshore Suriname, the Dutch-speaking South American country is looking to put systems in place for what the country hopes is an imminent discovery. State oil company Staatsolie recently commissioned an Industrial Baseline Study (IBS)...

ExxonMobil sees agro support as key to helping small businesses grow

Dozens of Guyanese agro-processors once again had an opportunity to showcase and market their products at the second UncappeD Marketplace event held on Saturday, July 28 at the National Track and Field Centre, Leonora, West Coast Demerara. More than 50...

Guyanese firm developing O&G app for ExxonMobil business centre

ExxonMobil Guyana’s Center for Local Business Development (CLBD) is in the process of developing an online application to provide an ease of access for Guyanese businesses operating in the Oil and Gas (O&G) sector. This was revealed by CLBD Project...

Liza Phase 1 development progressing rapidly – ExxonMobil

The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...

US$14M spent on services from 227 local suppliers for Q1 2018 in Guyana

The Guyana government on Tuesday published a list of companies and individuals who are supplying goods and services in support of ExxonMobil operations in the South American country. The list of 227 local suppliers which ExxonMobil and its contractors have...

Guyana trumpets O&G preparedness as ExxonMobil local content support gains steam

ExxonMobil Guyana's Centre for Local Business Development (CLBD) on Wednesday marked its one year milestone with a well-attended reception at its South Road, Georgetown headquarters. The country's Minister of Business, Dominic Gaskin and ExxonMobil Guyana Country Manager, Rod Henson were...

Deodat Indar reelected to 2nd term as GCCI president; promises renewed push for Guyanese businesses in O&G

Deodat Indar was on Thursday reelected to serve a second term as President of the Georgetown Chamber of Commerce and Industry (GCCI). The business group held its 128th Annual General Meeting at the Roraima Duke Lodge in Guyana’s capital Georgetown on...

Guyanese businessman unveils plan for mega O&G shore-base

Source One Oil & Gas Marine Supplies - a subsidiary of heavy duty machinery company Japarts - has launched an ambitious plan to construct a full service and logistics shore-base facility for oil and gas drilling and exploration activities...

Guyana gov’t commends ExxonMobil on commitment to local content

Guyana’s Ministry of Natural Resources on Friday commended ExxonMobil affliate Esso Exploration and Production Guyana Limited (EEPGL) and its partners HESS and CNOOC Nexen for their commitment to implementing the local content obligations embedded in its Petroleum Agreement with...

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Platts to launch assessment of Guyana’s Golden Arrowhead crude on Aug. 4

Platts, the pricing benchmark unit of S&P Global Commodity Insights, will start publishing a daily assessment of Guyana’s Golden...