All roads will lead to the Guyana Marriott Hotel today as the country gets ready to host the inaugural Guyana International Petroleum Exhibition and Summit – GIPEX 2018.
With six significant discoveries made in the offshore Stabroek block in just...
As discussions continue in the public domain over the availability of jobs, the protection of local content and opportunities to be made available in Guyana’s embryonic oil and gas sector, one of ExxonMobil’s contractors is gearing up to commence...
Guyana continues to press ahead with development of its emerging oil and gas industry and the country’s Business Minister is adamant that government is fully capable of effectively managing this new sector.
“There is a lot of angst perhaps within...
Guyana will next month host a number of the world’s largest petroleum companies as the
South American nation prepares to run its inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018.
Built as the premier confab to promote the networking...
(Hart Energy) For Royal Dutch Shell, 2017 was a good year in terms of E&P activities in Brazil. Ranking as the second largest oil-producing company in Brazil, after acquiring BG Group’s assets in the country, the British-Dutch major increased...
(Nigerian Tribune) The Federal Government on Friday gave indications that the $3.8bn Egina Floating Production Storage and Offloading (FPSO) project being handled by the Lagos Deep Offshore Logistics Base (LADOL) at the LADOL’s Free Zone in conjunction with Samsung Heavy Industry...
There is the misplaced belief, in some quarters of our society, that ALL licenses and agreements, which have been issued for exploration and production (E&P) of oil and gas, between past and current administrations and the International Oil Companies...
Guyana’s government is one step closer to establishing its Sovereign Wealth Fund - meant to serve as a holding deposit for a percentage of oil and other extractive industries’ revenues for future generations - having completed its final review...
Guyana’s legislators on Tuesday approved - unchallenged in the National Assembly - the Ministry of Natural Resources US$5.3M (G$1.1B) 2018 work programme of which US$145,000 (G$30M) has been allocated for oil gas related activities next year.
Included in the allocations...
The Production Sharing Contract (PSC) was widely introduced in 1993 to address some of the issues faced by the Joint Operating Agreement (JOA) and also to provide a suitable agreement structure for encouraging foreign investment in offshore acreage. Under...
