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SBM Offshore continues Guyana student outreach with Industrial Training Centre visit

SBM Offshore is continuing its school outreach programme, this time, visiting the Guyana Industrial Training Centre in Georgetown. The company engaged with part-time and full-time students of the Guyana Industrial Training Center (GITC) to apprise them of its role in Guyana and the career choices...

UK-based firm to supply titanium pumps for Guyana’s largest capacity FPSO

Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, has won a further order from VWS Westgarth for two titanium API 610 OH2 pumps for use aboard the FPSO One Guyana which...

Oil pushing big demand for data, connectivity services in Guyana

Since the discovery of oil, Guyana has undergone sector-wide changes including the digital transformation of the small South American country. That change requires innovative technology solutions whether it be onshore or offshore and to meet these needs, local telecommunications companies...

‘Safety culture changing in Guyana’ – 30 more businesses graduate Centre’s HSSE program

The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday. It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...

ExxonMobil Guyana has invested over GY$3 billion in youth, women development

ExxonMobil Guyana has confirmed that its Corporate Social Responsibility (CSR) expenditure for the period 2015 to 2022 exceeds US$15 million (GUY$3 billion). Most of this investment has focused on transforming the lives of women and youth through comprehensive capacity-building...

Saipem awarded largest single offshore contract in its history

Encompassing two offshore gas compression complexes in Qatar, Italian oilfield services company Saipem said on Wednesday it has been awarded the largest single offshore contract by total value in its history. The agreement was made with Qatargas for the North...

A singular national vision to anchor and sustain Guyana’s transformation

By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW During the 1970s, Guyana's leadership pursued a socialist economic path. Guyana's Non-Aligned stance and fundamental governance and foreign policy principles were built upon western non-interference and self-sufficiency. The Non-Aligned Movement's...

Guyana Basins Summit 2022: Massive turnout at Ministry of Labour booth

As the curtains of the Guyana Basins Summit came to a close, Minister of Labour Joseph Hamilton highlighted that there was a massive turnout at the Ministry of Labour’s booth at the summit. In an interview with OilNOW on Friday,...

Experts explore Guyana’s emergence as an oil producer and implications for the future of the Venezuela-Essequibo controversy

By Terrence Blackman, PhD and Utamu Bell – OilNOW The fourth episode of the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium's (CPC) Webinar Series, "Transforming Guyana," got underway on Wednesday, September 14, with a discussion centered around "Guyana's...

Delivering Guyana’s biggest transformational project could exceed US$2 billion, economist says its worth it

As the Guyana government and the Stabroek Block co-venturers move forward to develop the Gas-to-Energy project, costs could exceed US$2 billion. This is based on the sum of cost estimates for the onshore plants and the pipeline. ExxonMobil estimates...

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Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...