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Guyana could avert Dutch Disease with sound economic plan

Warning bells have been ringing in the South American country of Guyana ever since ExxonMobil made its first world class discovery at the Liza field back in 2015. With every discovery since then – 14 to date by Exxon...

Bourbon supply vessel en route to Guyana sinks; 3 crew members rescued

Following search operations of tug supply vessel Bourbon Rhode which started on September 26, the mobilized rescue teams have recovered a lifeboat with 3 crew members on board, the lifeboat having been identified by a Falcon 50 especially equipped...

Business leader wants equal pay for equal work in Guyana’s emerging O&G sector

A private sector executive in the South American country of Guyana is calling for equal pay for equal work in the nation's emerging oil and gas sector, regardless of nationality or gender orientation. Ramesh Persaud, who is the Chief Executive...

Policy considerations for the licencing arrangements of Guyana offshore blocks

To maximize the potential national benefits appropriate licensing, taxation, depletion and pricing policies are required. Given the high degree of geological uncertainty in the early years, some use of the discretionary licensing system to award acreage was appropriate, but...

Mid-Atlantic Oil & Gas among those supporting QC Alumni Math Camp

Junior partner in the Canje block offshore Guyana, Mid-Atlantic Oil & Gas, is one of several companies supporting the Queen’s College of Guyana Alumni Association (NY), Inc. (QCAANY) 2019 Math Institute Summer Camp. For the fourth consecutive year, QCAANY will...

Safety comes first: ExxonMobil Guyana talks up HSSE policy

With the emergence of the oil and gas industry in Guyana, there are a number of concerns such as management of the industry and its resources, local content, limiting the environmental impact and safety. Among these concerns, the issue...

Two years on: Exxon business centre on a mission to make access to training easier

The Centre for Local Business Development (CLBD), which was established back in July 2017 to help build the capacity of Guyanese businesses to better position themselves for the oil and gas industry, is on a mission to make training...

Another major player in the O&G industry sets up shop in Guyana hotspot

Harvey Gulf International Marine Inc. has established its newest country office in Guyana. On Wednesday, July 10, 2019, Harvey Gulf’s local office, Guyana Offshore Vessel Services Inc, held a reception to celebrate the occasion in front of their building...

Guyana is one of the main beneficiaries of deepwater reinvention

Deepwater and tight oil are two of the great growth themes in the oil and gas industry, but are often considered to be at opposite ends of the development spectrum. Deepwater represents large, expensive and complex long-cycle projects best suited...

Efficiency and options for privatisation of Guyana’s energy market

The concept of efficiency and its measurement are contentious. Hence, the option for the route of introducing a more competitive environment, and to consider whether this might prove a more effective approach to improving the electricity industry’s performance; is...

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Letter to the Editor: From oil wealth to heart health

Dear Editor, For many Guyanese families, access to life-saving heart care has long meant expensive travel, long waits, or going...