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Excitement high as 2nd batch of Guyanese workers head out to Stena Drillship

Excitement was high on Saturday at the head office of El Dorado Offshore (EDO) in Georgetown, as another batch of Guyanese workers prepared for the 120-mile journey offshore to the Stena Carron Drillship. Stena has selected 12 Guyanese nationals through...

TechnipFMC says it has aggressive local content policy, “big plans for Guyana”

TechnipFMC, a leading provider of oil and gas projects, technologies, systems and services, says it has an aggressive local content policy and “big plans for Guyana” as it moves forward with development work offshore the South American country. The...

Smart investment of oil revenues could create significant jobs – US Deputy of Mission

Significant jobs and prosperity await Guyana, but only if revenues from oil production, set to begin in 2020, is invested wisely. Deputy Chief of Mission of the US Embassy in Guyana, Terry Steers-Gonzalez, says the time for policy makers...

Canadian O&G trade mission due in Guyana September

The Newfoundland and Labrador Oil & Gas Industries Association (NOIA), in partnership with the Atlantic Canada Opportunities Agency (ACOA) and the Department of Tourism, Culture, Industry and Innovation (TCII) are planning a trade mission to Guyana during the week of...

“We have advisors…we may not be running around listing them” – Trotman

Jones Day, an international law firm based in the United States, and a Norwegian law Firm, are among the team of experts hired by the Guyana government to advise on oil and gas. This is according to Guyana’s Minister...

ExxonMobil, Guyana officials bid farewell to local “trail blazers” off to work on Stena drill ship

In what is being described as a “historic moment” in Guyana’s emerging oil and gas industry, officials from both the country’s government and US super-major, ExxonMobil, bid farewell on Thursday morning to the first batch of Guyanese that will be...

Saipem secures $500M in contracts, FPSO deployment

Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction, Installation (EPCI) activities and Trunklines & Installation (T&I) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. The...

Guyana’s draft Sovereign Wealth Fund legislation to face public scrutiny – Finance Minister

Guyanese will soon have an opportunity to scrutinize draft legislation being formulated for the establishment of a Sovereign Wealth Fund (SWF) that will play a major role in the management of significant revenues expected from oil production in the...

ExxonMobil says it is eager to partner with Guyanese businesses

ExxonMobil announced today the establishment of the Centre for Local Business Development in Georgetown, Guyana, and signaled its commitment to work with the country’s business community. The centre will assist small and medium-sized Guyanese businesses with building their capacity and...

ExxonMobil confirms award of contracts to SBM for Liza project in Guyana

ExxonMobil has formally confirmed the award of contracts to SBM Offshore for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a Floating Production, Storage and Offloading Vessel...

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Women leaders call for bold action on economic equality, leadership, and innovation

At the 5th Annual Women & Girls Summit women leaders from across Guyana called for decisive action to close...