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Ghana’s tech expertise meets Guyanese roots for oil oversight

A Ghanaian technology firm known for its expertise in the oil and gas sector has teamed up with a Guyanese/Canadian company to offer offshore monitoring services for the South-American nation’s growing energy industry.  West Coast Gas Ghana, a multinational company...

Historic reunion with Exxon in Guyana fuels MODEC’s US$7.85 billion H1 orders

MODEC recently celebrated its order from ExxonMobil to provide the Errea Wittu floating production, storage, and offloading (FPSO) vessel for the Uaru project located offshore Guyana. This order has been noteworthy for the company as it marks its first...

Investor in new Exxon shorebase supporting major Demerara bridge project

Azruddin Mohamed, a principal at Mohamed's Enterprise and an investor in the Vreed-en-Hoop Shore Base Inc. (VEHSI), announced on August 4 key support for the construction of the new Demerara Crossing. The project is one of the most important...

Guyanese company to set up waste transport service for oil sector

Asif Auto Imports, a Guyanese vehicle retailer, is on the verge of making a stride into waste transport. They are set to establish a dedicated waste transport service tailored for the thriving oil industry in Guyana. Owner, Asif Zafarali,...

T&T, Guyana firms set to deliver US$4 million chemical storage facility and laydown yard

The rapidly developing oil and gas sector in Guyana is increasing the need for enhanced infrastructure and new services. Responding to this demand, Avocat Guyana Holdings Inc. (AGHI) has proposed the creation of a chemical storage facility and laydown...

Ramps Logistics, N&S Algoo in customs brokerage joint venture

Ramps Logistics Guyana Inc. (RLG) has entered into a contractual partnership with N&S Algoo Customs Brokerage Service, Ramps said in an August 8 press release.  N&S Algoo, in the sector since 2012, offers bespoke customs brokerage solutions to a range...

Georgetown Chamber says ‘parasitic’ fronting must be weeded out

In a recent statement, the Georgetown Chamber of Commerce and Industry (GCCI) expressed serious concerns regarding the burgeoning issue of sham partnerships within the private sector, a trend alarmingly labelled as 'fronting' or 'rent-a-citizen'. Such faux partnerships, according to...

Guyana private sector urged to cash in on ‘never-ending opportunities’

"If you not in the business, get in the business" was the advice of Government Minister, Deodat Indar to the 360-member strong Guyana Manufacturing and Services Association (GMSA) as it celebrated 60 years of existence on August 3.  His feature...

In three short years, Guyana transformed legislative, regulative framework for oil industry – VP Jagdeo

As the Guyana Government marked its third year in office on August 2, 2023, it reveled in the progress made thus far in overhauling the legislative and regulatory architecture of the oil industry. Dr. Bharrat Jagdeo, the country’s Vice...

El Dorado Offshore and New Amsterdam Technical Institute in new workforce development deal

In a move to enhance the technical workforce in Guyana, El Dorado Offshore (EDO) and the New Amsterdam Technical Institute (NATI) have signed a Memorandum of Understanding (MOU). This strategic partnership will center around offering technical education and career...

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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...