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Ramps says it aims to bolster Guyana’s growth, after cleared of fraud charges

Ramps Logistics Guyana Inc. (RLG) has been cleared by the Guyana Magistrates’ Court on all charges of fraud, the company said in a release. The matter was brought before the court by the Guyana Revenue Authority (GRA) in October,...

Guyanese company, Farfan and Mendes, acquires DNV certification

Farfan and Mendes Limited, Hose and Rigging Division has achieved DNV type approval certification for the manufacture and repair of wire rope slings for cargo-carrying units manufactured to the DNV 2.7-1 standard.  “The certification recognises the division's commitment to providing...

New UK-based Trade Mission in Guyana exploring opportunities

The Energy Industries Council (EIC) in collaboration with Aberdeen International Associates (AIA) has fielded a trade mission that arrived in Guyana on April 18. It runs up to April 21. This trade mission aims to facilitate engagement with key...

GAICO chief takes over chairmanship of Guyana Private Sector Commission

Komal Singh, Managing Director of GAICO Construction and General Services Inc., was elected Chairman of Guyana’s Private Sector Commission (PSC).  The election of the 2023-2024 Executive occurred during the PSC’s Annual General Meeting on Tuesday, April 18 at the Marriott...

Tenaris grants Roberto Rocca Education Program Scholarships to four Guyanese students

Tenaris, a supplier of steel tubes and related services for the energy industry, has awarded four Guyanese students with the Roberto Rocca Education Program scholarships. The scholarship recognises the students' outstanding academic achievements and aims to foster technical education...

Guyanese marine player acquires majority stake in Bourbon joint venture 

French offshore vessel player Bourbon said on Monday that Guyanese company Tethys Marine & Logistics, is now a 51% shareholder of the Bourbon Guyana Joint Venture. It said Guyanese now represent 75% of its directorship. A Guyanese company is defined...

Six schools feature in SBM Offshore’s first Guyana-Monaco Mousetrap Car Grand Prix

Six schools from Guyana recently participated in the first-ever Guyana-Monaco Mousetrap Car Grand Prix, an exciting competition aimed at promoting science and engineering among students, hosted by SBM Offshore Guyana. The event, which was held on April 11 at...

Incentivised bids can increase investor chances of winning blocks in Guyana licensing round – Deakin 

Americas Market Intelligence (AMI) co-director and analyst Arthur Deakin believes that oil majors looking to grab up prime blocks in Guyana’s first-ever licensing round may need to include a few attractive incentives to increase their chances of being selected.  Compared...

Keppel hires GE Power to supply electric modules for Brazil-bound FPSOs

Singapore-based Keppel Shipyard has selected GE Power Conversion to design, supply and deliver two electrical modules for Petrobras’ floating production, storage and offloading vessels (FPSO) that will operate in Brazil. The FPSO vessels, coded P-80 and P-83, will be used...

Ministry still accepting comments on Guyana’s model contracts – Jagdeo 

The Ministry of Natural Resources of Guyana continues to accept comments on the draft model Production Sharing Agreements (PSA), which will apply to the ongoing bid round. Despite the deadline for comments having passed, Vice President Dr. Bharrat Jagdeo...

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Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage,...