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City Chamber’s business development forum slated for November

President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, said the body’s annual Business Development Forum 2022 is on for November 11-12 at the Pegasus Corporate Centre, Kingston, Georgetown. Known for its lobbying and advocacy on the...

Gov’t to identify legal, financial team to support catering consortium for oil sector market

As the Ministry of Natural Resources reconvened with major Guyanese caterers from across the country, Minister of Natural Resources Vickram Bharrat has committed to identifying a team to support the birth of the caterer consortium. During the second meeting Bharrat...

Ramps CEO enters not guilty plea to company’s false declarations charges, out on GY$500,000 bail

Chief Executive Officer (CEO) of Ramps Logistics, Shaun Rampersad on Friday paid bail of GY$500,000 to the Supreme Court, and in so doing, avoided custody for charges of false declarations to the Guyana Revenue Authority (GRA) for its duty-free...

Western Logistics to hire 1000 Guyanese as part of new approved five-year Master Plan

With its five-year Local Content Master Plan approved by the Ministry of Natural Resources, Western Logistics Guyana aims to expand its human resource capacity by some 1,000 Guyanese. According to its Operations Director, Pradeep Ramoutar, the locally owned and operated...

Guyana won’t become next Dubai without foreign expertise, development of entrepreneurial talent – Int’l Advisor

By unlocking significant oil resources in the ExxonMobil-operated Stabroek Block, one consultant after another has often said Guyana is poised to become the next Qatar or Dubai of the region. But such a promising future cannot come to pass...

Exxon seeking project manager for construction of training institute in Guyana

ExxonMobil Guyana is seeking a project manager for the construction of the national oil and gas training institute it is building, in partnership with the Guyana government. The institution, styled the ‘Guyana Technical Training Center Inc.’, will be situated at...

Guyana regulator says no impact study needed for rope access training facility

Guyana’s regulator, the Environmental Protection Agency (EPA) said on Friday that Qualco Guyana Inc. is not required to conduct an Environmental Impact Assessment (EIA) for its Rope Access Training and Workshop Facility located at Supply, East Bank Demerara. “The EPA...

Latin America’s role in a potential LNG boom

By Arthur Deakin – OilNOW There is no denying that the world’s inflationary pressures and future economic prospects are directly tied to energy-related geopolitics. In early October, OPEC+ signalled support for a higher oil price by cutting production by 2...

SBM Offshore looking for more Guyanese to join its growing team

SBM Offshore is forging ahead with its internship program, offering students the opportunity to harness their potential and be integrated into Guyana’s oil and gas sector. Applications opened on October 1, the company said in a public notice. The internship programme...

Non-traditional approach to financing needed in Caribbean’s biggest oil producing nation

As development in Guyana continues to expand, industry stakeholders are encouraging the nation’s policy drivers and the private sector to tackle the country’s steep learning curve. To address this, Angus Young – Executive Vice President – Regional Investment Banking and...

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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,...