The Guyana government has allocated GY$420.5 million (US$2.1 million) this year to train Guyanese for jobs in the country’s rapidly expanding oil and gas sector. This was announced by Senior Minister in the Office of the President with responsibility...

More shorebase facilities are being developed to serve Guyana’s rapidly expanding oil and gas sector with construction set to commence on two more projects on the West Bank of Demerara sometime this year. Senior Minister with responsibility for Finance, Dr....

The Guyana government presented its 2022 National Budget on Wednesday in the National Assembly where it was disclosed that GY$20.8 billion dollars is being earmarked for the landmark gas-to-energy project. With the country’s energy demand expected to grow within the...

Bids from 12 companies were opened last Thursday for the combined construction of a natural gas fired power plant and natural gas liquids (NGL) plant for Guyana’s landmark gas-to-energy project. According to an update from the Department of Public Information,...

Guyanese company Tristar is in the process of acquiring an additional 300 acres of land in Versailles, West Bank Demerara. OilNOW understands the 300 acres will support the operations of the West Demerara Shorebase project with options for storage...

The South American country of Guyana has been striking oil in quick succession and building the capacity needed to manage the new industry in stride, with officers from the country’s standards bureau already carrying out monitoring activities on the...

(S&P Global Platts) China's offshore giant CNOOC targets to lift its oil and gas output by 6% on the year to 1.66 million boe/d in 2022, with most of its effort to go into boosting domestic production, CFO Xie...

(Reuters) - Exxon Mobil on Tuesday launched the sale of shale gas properties stretching across 27,000 acres in the Appalachian basin of Ohio, the company confirmed, part of an ongoing divestiture of U.S. assets. The top U.S. oil producer is marketing...

Consultancy group Wood Mackenzie says the oil and gas sector will continue to rebound this year, with operator spend expected to surpass US$400 billion and higher prices driving another year of record cash flow. Global supply chain disruption, labour...

Guyana’s Maritime Administration Department (MARAD) says with effect from January 5, 2022, all seagoing vessels over 24 metres in length are required to have a copy of the Seafarers’ Employment Agreement, for each seafarer, on board. The MARAD notice, directed...