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SBM Offshore set to begin front end engineering design for Exxon’s 6th Guyana FPSO

Dutch floater specialist, SBM Offshore announced on Friday that it has been awarded contracts to perform front end engineering and design (FEED) for a floating production, storage and offloading vessel (FPSO) for ExxonMobil’s Whiptail development project in Guyana. Following FEED...

Two Guyanese nationals off to Massachusetts on Noble scholarships

Two deserving students, Dianna Persaud and Kavita Singh, have embarked on their higher education dreams at the Massachusetts Maritime Academy, a public university located in Buzzards Bay, Massachusetts. Noble Corporation, a critical drilling company for Exxon’s Guyana operations, has...

Expo Day marks culmination of ElevateAll’s 10-week intensive for manufacturing entrepreneurs

The Centre for Local Business Development celebrated the completion of its inaugural cohort from the ElevateAll - Manufacturing edition, with a September 23 ceremony and Expo Day at the Pegasus Corporate Suites, Kingston, Georgetown. ElevateAll extended a golden opportunity...

Guyana’s strength in numbers

By Dr. Lorraine Sobers - OilNOW September, the start of the new academic year, often prompts me to search for linkages between the state of education and the state of the nation. This brought me to consider that much of...

Lone bidder poised to conduct Guyana skills audit

Ontario-based Dunn, Pierre Barnett & Company Canada Ltd has stepped forward in response to Guyana's Ministry of Education's call for technical and financial proposals to conduct a national skills audit for the South American nation.  A bid from the firm...

Over 6,000 businesses benefit from new ‘Centre Hub’ launched by CLBD

The landscape of business opportunities in Guyana has been boosted with the introduction of the Centre Hub, an enhanced and upgraded digital platform introduced by the Centre for Local Business Development (CLBD) on September 7. It is set to...

Guyana “hell-bent” on avoiding mistakes of other oil producers to prevent Dutch Disease

Though its ascent on the global oil scene has been swift, Guyana is taking care to avoid the pitfalls of other major producers that have led to the emergence of the Dutch disease, said Vice President, Dr. Bharrat Jagdeo.  Guyana’s...

Guyanese contractors needed to help expand country’s largest shorebase operation

Guyana Shorebase Inc. (GYSBI) is set to expand its capacity with the construction of a new operations center at its Houston/McDoom location along the East Bank Corridor. To bring this vision to life, the company is actively searching for...

Opposition’s 15% royalty proposal for new oil blocks would have killed potential investments – VP Jagdeo

The decision of Guyana regulators to apply a 10% royalty for future oil blocks was a just and studied one says Vice President, Dr. Bharrat Jagdeo. Had the government caved to the recommendations of the country’s political opposition to...

Guyanese construction providers needed to build new petroleum training institute for Exxon

Guyana's rapidly growing oil and gas sector will soon have a world-class technical training college. ExxonMobil has published a RFI (Request for Information) targeting construction service providers, to pave the way for the establishment of the Guyana Technical Training...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...