Showing results for:

Saipem seeking local welders for Guyana operations

Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...

Guyana to seek early interactions with Brazil’s Lula

Come January next year, Guyana will be dispatching new bilateral requests to Brazil’s new President-elect Luiz Inácio Lula da Silva as it looks to foster closer relations through the creation of a deepwater harbour connecting the two countries. Guyana’s President,...

2022 Year in Review of Guyana, Part 1: What I have said so far

By Dr. Lorraine Sobers - OilNOW The year 2022 has been an intriguing one for Guyana’s energy sector: oil production and reserves have grown significantly, local content legislation came into full force, legal local content disputes arose and were settled,...

Intense bilateral talks ongoing to resuscitate Amaila Falls project – Pres. Ali

Months after a contract for the construction of the Amaila Falls Hydropower Project (AFHP) collapsed, the government is working on reopening tenders. This is according to President Dr. Mohamed Irfaan Ali. “We’re doing assessments now. We have quite a lot...

US companies dominate RFPs for Guyana’s landmark refinery

CH4 Guyana Inc & Lindsayca Inc, the US-based partnership that will construct the onshore facilities for Guyana’s Gas-to-Energy project, has signalled its interest in building the nation’s first refinery. The US group in collaboration with Sol Guyana Inc. recently submitted its...

Guyana awards US$6.6M wreck removal contract as marine traffic increases

Dutch firm Koole BV has been awarded a GY$1.38 billion (US$6.6 million) contract to remove 17 hazardous wrecks from Guyana’s waterways as marine activities surge. The company specialises in industrial demolition, remediation, wreck removal, and marine construction. This is its...

Holder of world’s 17th largest oil reserves on course to add more barrels

With no known commercial hydrocarbons just seven years ago, Guyana is now the holder of the 17th largest oil reserves in the world. Aggressive exploration activities off the country’s coast, mainly by US oil major ExxonMobil, have seen major discoveries...

Bring on the trade missions: Guyana needs healthy dose of imported capabilities to support development agenda

In November, Guyana welcomed trade missions from the United Kingdom, USA, and Canada. Similar engagements are planned with France and India, indicative of the government's position that the country is “open for business.” Senior Minister in the Office of the...

Global energy crisis forcing more “measured approach” to financing fossil fuels – WoodMac

The ongoing energy crisis has caused investors to rethink financing for fossil fuels. According to Consultancy Group, Wood Mackenzie, the more measured approach accounts for real-world constraints on global financial institutions and corporations in making long-term financing and capital...

EPA Head Kemraj Parsram: A level-headed warrior in Guyana’s oil development story

With 11 billion barrels of oil equivalent (boe) unlocked in the Stabroek Block, there is an urgent need for Guyana to be outfitted with facilities to support the development of this massive resource base. These include laydown yards, deep water ports,...

Latest News

Risk management in offshore operations needs stronger training and reduced shortcut culture, says SBM Offshore Country Manager

Risk management in offshore operations must be supported by stronger training systems and a reduction in shortcut culture, according...