Guyana’s Minister within the Ministry of Public Works, Deodat Indar, said on Thursday the 75% cost recovery ceiling for operations at the Stabroek Block provides local suppliers with an opportunity to maximise benefits from the rapidly expanding exploration and...
Caribbean Clothing Limited is a full-service garment manufacturer in Georgetown, Guyana. When the COVID-19 pandemic hit the South American country, and the world grappled with the economic and social effects, the company was forced to cut its workforce and...
The Guyana Shore base Inc. (GYSBI) the largest such facility providing support services to the offshore oil and gas operations in the country, said on Tuesday it is an equal opportunity employer with a diverse workforce and that no...
Annand Jagesar, Managing Director of Suriname’s state oil company, Staatsolie Maatschappij Suriname, is encouraging Guyana to pursue basin opportunity upgrades by way of independent surveys that would provide authorities with a better understanding of the prospective resources of offshore...
The rapid increase in oil production offshore Guyana will perhaps be coming at one of the most opportune times in the boom-and-bust cycle of the industry as more experts agree that a major supply crunch is on its way...
Toolsie Persaud Limited, a Guyanese family-owned business that has been in operation for over eight decades, is hoping to be a major supplier for ExxonMobil and other companies operating offshore the South American country. With the creation of its...
Future deepwater oil fields will enjoy twice the average estimated ultimate recovery (EUR) of fields already onstream and Guyana and Brazil are at the top of the list, according to consultancy group, Wood Mackenzie.
In a new report, WoodMac said...
The latest of edition of Energy - Guyana’s premier publication focusing on developments in the oil and gas industry was published this week with major focus on upcoming landmark projects and updates on the offshore developments that is transforming...
Cognizant of the massive hydrocarbon resources in Guyana, Suriname and Trinidad & Tobago, Programme Manager at the Caribbean Community’s (CARICOM) Energy Unit, Dr. Devon Gardner, believes that these three sister countries can be the fulcrum upon which the Caribbean...
By Wazim Mowla – OilNOW
Amid increasing US rhetoric about competing with China in Latin America and the Caribbean, Guyana should use its newfound oil reserves to diversify its foreign relations. This process should start with India, who over the...
