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GAICO boosts dredge operations with acquisition of US$7.5M Malavi-Hopper vessel

OilNOW -
GAICO Construction and General Services Inc. started from humble beginnings; with a little bobcat doing small-scale construction. But now, the company has blossomed into a large-scale venture plugging millions into Guyana's development. Its latest contribution is the acquisition of the...
News

US$300M Vreed-en-Hoop shore base to be operational by 4th quarter of 2023 – Boyer

Kemol King -
Vreed-en-Hoop Shore Base Inc. (VEHSI), a US$300M project led by Guyanese businessmen, will be operational by the fourth quarter of 2023, said joint venture partner and owner of National Hardware Guyana Limited, Nicholas Deygoo-Boyer. VEHSI is a partnership between the 100% Guyanese-owned NRG...
News

TOTALTEC academy trained over 550 Guyanese since 2018 – report

OilNOW -
The International Petroleum and Maritime Academy (IPMA) has trained and certified more than 550 Guyanese since its establishment, TOTALTEC said in a release commemorating two of the school’s anniversaries. It is celebrating one year since being awarded ISO 9001 certification,...
News

Sameer Ally – the personification of Guyanese versatility in the oil and gas sector

OilNOW -
The technical capacity of Guyanese to fill the demand for skilled workers in the oil and gas sector—moreso offshore—has been a concern raised in the conversation on local content. Sameer Ally, a young Guyanese, is a shining example of...
News

Community engagement sessions held for Port of Vreed-en-Hoop project

OilNOW -
NRG Holdings Incorporated conducted community engagements on March 25-26 for its landmark Port of Vreed-en-Hoop project. Residents from surrounding communities were given the opportunity to ask questions and raise concerns on the potential impact of the development. The activity...
News

Guyana pursuing ‘full indemnification’ in insurance agreement with Exxon – EPA Chief

OilNOW -
As Guyanese await the completion of an agreement to strengthen insurance guarantees from ExxonMobil, Executive Director for the Environmental Protection Agency (EPA), Kemraj Parsram told OilNOW that “full indemnification” is being pursued. He said ExxonMobil affiliate, Esso Exploration and Production...
News

Guyanese geoscientist Ashlika Persaud scores three discoveries at Stabroek Block

OilNOW -
Guyanese geoscientist Ashlika Persaud says she has a deep desire, and that is to do right by her company – ExxonMobil - and her country, where the discovery of massive amounts of oil since 2015 has placed the South...
News

Guyana to spend 60% of oil revenues on development projects in four years

OilNOW -
As ExxonMobil positions itself to ramp up production in Guyana’s Stabroek block by adding projects nearly every year, the government plans to spend a majority of its early windfall for development projects. Guyana projects that the total inflows to its...
News

Burgeoning real estate industry attracts US giant, Keller Williams, to Guyana’s shores

OilNOW -
Said to be the largest real estate franchise in the world, the US franchise Keller Williams (KW) has announced its decision to expand into Guyana. Already serving more than 50 countries outside of its main operations in the United States...
News

City businessman urges compromise from environmentalists, in favour of Guyana’s development

OilNOW -
Guyana has a tremendous record in environmental protection due to State policies and the ecosystem and carbon sequestration services that its forests provide. Considering this, Georgetown businessman, Timothy Tucker, is urging hardline environmentalists to exercise compromise for the benefit...
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MODEC to introduce new offshore training programme in Guyana 

MODEC is expected to unveil a new training programme to bolster Guyana’s existing offshore capabilities, Country Manager Rafeal Fumis...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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