Ramps Logistics has secured a fully integrated cross-border logistics contract inclusive of shore base provision and management, marine agency, personnel logistics, freight forwarding and customs brokerage, with UK-based Tullow Oil for its upcoming Guyana drill campaign.
Further to this, a...
With oil reserves in Guyana now exceeding 5.5 billion barrels from a record 13 discoveries made to date by US oil major ExxonMobil, a top official in the country with responsibility for petroleum is promising Guyanese the ‘good life’...
Recognising that Guyana’s institutional capacity to oversee and manage the Oil and Gas sector “is limited in the various relevant government ministries, commissions and other departments” the World Bank says enhancing this capability is crucial if the South American...
SBM Offshore is set to sign a commercial contract with Chinese yard China Merchant Heavy Industry (CMHI) this weekend to build the hull of a floating production, storage and offloading vessel under the Dutch floater specialist’s Fast4Ward design, Upstream...
A total of 25 Guyanese, including three women, graduated from the TOTALTEC Academy on February 21, 2019, bringing the number of persons to complete the one-year old programme to over 100.
The graduating class is now trained and ready to...
- Hemichand Morgan talks about life at sea
When you are the father of four children under 10 years old, being unemployed with no job in sight can stretch your endurance to the limit.
Not long ago, Guyanese, Hemichand Morgan, was...
Venezuela’s slide from top of the heap to a virtual bit player in the oil market is a slow-motion car crash. Production sank progressively from 2.6 million barrels per day (b/d) a decade ago, when it was third in...
A review of Guyana’s 1986 Petroleum (Exploration and Production) Act is underway as the country moves to modify and modernize the document which is the basis for a number of Petroleum Agreements it has signed with oil companies exploring offshore.
This is according...
Government preferences should take into account wider factors than those considered by private investors. This is because governments are concerned with the linkages between petroleum production and the rest of the economy. Also, governments are or should be responsible...
It is full throttle ahead for Guyana’s oil and gas program as US oil major ExxonMobil prepares to begin extracting crude in 2020. Experts and pundits alike are touting Guyana as the leading oil discovery nation for 2018, ahead...
