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Qualco partners with three Guyanese companies to offer expanded oil and gas services

Quality Companies LLC, with its local affiliate Qualco Guyana, has joined forces with three Guyanese companies – HHSL Safety Systems Guyana Inc., Nexus Machining & Fabrication and Latitude Geospatial – to increase its service offers to Guyana’s nascent oil...

Guyana’s Economic Boom and the Labour Market

By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s rapidly expanding oil sector has the potential to profoundly transform the economy. Oil production is currently above 300,000 barrels per day (bpd) and is projected to reach 720,000 bpd by 2026. The...

Western Logistics Guyana cops ISO 9001:2015 certification

Western Logistics Guyana Inc. announced has achieved ISO 9001:2015 certification. ISO 9001:2015 is an international standard dedicated to a quality management system. This consists of principles of customer focus, leadership, engagement of people, process approach, improvement, evidence-based decision-making, and relationship...

Prosperity FPSO first to be outfitted with fabricated steel from Guyana

Guyana grabbed a massive win for local content with the Prosperity vessel. According to SBM Offshore, it is the first Guyana floating, production, storage, and offloading (FPSO) vessel to incorporate Guyanese fabricated steel. And that stellar feat was made possible by...

Guyana First Lady says new oil production vessel creates link to brighter future

Singapore, February 1, 2023: First Lady of Guyana, Arya Ali, says the name of the Prosperity floating production, storage and offloading (FPSO) vessel represents what is in store for the people of the new oil producing South American country....

Final audit report on Stabroek Block costs due in March – Bharrat

An audit, launched in May 2022 of Stabroek Block costs submitted for the period 2018-2020, is due to wrap up in March this year, Guyana’s Minister of Natural Resources, Vickram Bharrat said Tuesday. There was a misconception, Bharrat explained, that...

Young Guyanese cop training opportunity at Qualco HQ

Ravindra Chuniram and Joshua Ramotar were two of the first Guyanese hired by Qualco Guyana to work at its Supply, East Bank Demerara training base as Roustabouts – an entry-level, broad-based skill-level oil and gas position. Both men are now...

Experts Explore the Investment Climate in Guyana

By Utamu Belle and Dr. Terrence Blackman – OilNOW The eighth installment of the GBJ and CPC's webinar series, "Transforming Guyana,” focused on "Investment Attraction and Retention, and the importance of Protection, Regulations and the Business Environment." These webinars bring...

Noble offers full ride for four Guyanese at Massachusetts Maritime Academy

Noble Corporation announced four fully paid scholarships for Guyanese students seeking a bachelor’s degree in Maritime Transportation or Maritime Engineering. Noble said it will cover room and board, books, and round-trip travel to Massachusetts Maritime Academy, a public university in...

2022 Year in Review of Guyana, Part 2: In Closing…

By Dr. Lorraine Sobers In my latest article, I rehashed a selection of themes addressed during 2022. Regular readers and energy sector observers may have noticed the omission of local content, education, ESG criteria, Guyana’s political stability and positioning on...

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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,...