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DAI supports flood relief efforts in Guyana

Local and international employees of development company DAI donated 70 hampers consisting of food and hygiene products to the Civil Defence Commission (CDC) in Guyana on Friday. The products, such as rice, sugar, hand soap, sanitary napkins and other...

Guyana government seeking project manager, senior engineer for gas-to-energy project

The Guyana government is moving to build a workforce for its signature US$900 million gas-to-energy project being developed in partnership with ExxonMobil, set to come on stream by 2024. The Ministry of Natural Resources in a notice on Tuesday...

TotalEnergies aiming to prioritize low carbon intensity in new oil & gas projects

(S&P Global Platts) France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29. Pouyanne, speaking on a...

Payara project allowed Guyanese company to rehire 30% of staff that were laid off

Caribbean Clothing Limited is a full-service garment manufacturer in Georgetown, Guyana. When the COVID-19 pandemic hit the South American country, and the world grappled with the economic and social effects, the company was forced to cut its workforce and...

Venezuela: The rise and fall of a petrostate

The Council on Foreign Relations Written by Amelia Cheatham and Rocio Cara Labrado Venezuela’s descent into economic and political chaos in recent years is a cautionary tale of the dangerous influence that resource wealth can have on developing countries. Venezuela, home to...

Energy rolls out latest edition with major focus on Guyana landmark projects

The latest of edition of Energy - Guyana’s premier publication focusing on developments in the oil and gas industry was published this week with major focus on upcoming landmark projects and updates on the offshore developments that is transforming...

Experts say moving from heavy oil to gas consistent with planning for ‘environmentally sensitive future’

Updated July 11, 2021 Guyana's pursuit of a Gas-to-Energy project in four years is anticipated to significantly reduce energy costs and would also be in keeping with the country's goal for a green economy. Experts say the transition to gas...

Guyana heavy lift waterfront capability boosted as GYSBI commissions brand new crane

The Guyana Shore Base Inc. commissioned a brand-new Manitowoc crane just a week ago at its Houston-based facility on the outskirts of Georgetown, significantly enhancing the country’s waterfront heavy lifting capabilities. “This 350MT animal, with a 315 ft (96 m)...

Geopolitics of oil and water in Guyana: Part 2 – Ivelaw Griffith

By Ivelaw Lloyd Griffith – OilNOW The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a...

Guyana determined to ensure economy not solely dependent on oil

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, said on Wednesday that even though oil production will transform Guyana’s economy, petroleum will not be its lone driver. He said the Irfaan Ali...

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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...