By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local Content Secretariat, made this announcement at the Local Content Summit. Dr. Pertab said discussions with international...

Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the recently announced tariffs by President Donald Trump which has resulted in the application of a...

Months before the country’s Gas-to-Energy (GtE) project is set to deliver first power, Guyana has signed US$422 million in contracts. The firms awarded are Power China and Kalpataru Projects International Limited (KPIL). They are expected to complete the work...

Management Themes (Part 1) explored the ownership, licensing and environmental management themes and highlighted corresponding legislative provisions within the Petroleum Activities Act 17 of 2023 (PAA). In this publication, we will look at maximising access to petroleum resources. Management Theme...

Halliburton Guyana Inc. has issued a Request for Information (RFI) for engineering design services. The selected supplier will design a liquid mud and bulk plant for Halliburton Suriname. The scope includes full engineering for civil design, mechanical piping, and electrical...

PARAMARIBO, SURINAME - The Eduard Alexander Gummels Airport (EAG) in Paramaribo, Suriname, was officially inaugurated on March 24, introducing new flight routes intended to enhance connectivity across the Guiana Shield. The airport will facilitate direct travel between Paramaribo, Georgetown...

If Guyana has its way in talks with the United States, recently announced tariffs on Guyanese exports would be reduced from 38% to 12%, OilNOW calculated.  Guyana’s Vice President Bharrat Jagdeo said on Thursday (April 3) that his government’s trade...

Elroy Vankennie is the first Guyanese to hold the role of Quality Health Safety Security and Environment (QHSSE) Manager at Guyana Shore Base Inc. (GYSBI). “Being the first Guyanese in this position is an incredible honor and a proud...

China’s state-owned offshore oil and gas producer CNOOC Ltd. said on Thursday (March 27) that its overseas production surged by 10.8% in 2024, driven in part by the commissioning of new projects, including the Payara development in Guyana. In its...

Qualco Guyana, a subsidiary of the U.S Quality Companies, expanded its footing in Guyana and officially launched its operations with a new location at Friendship on the East Bank corridor. The company first established a presence in South America's oil...