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Though Guyana has long way to go, Jagdeo satisfied with progress on oil sector governance

Guyana’s Vice President Dr. Bharrat Jagdeo says the country has improvements to make in its natural resource governance structure, but that he is generally satisfied with the efforts made thus far by the government. Jagdeo, who is the government's chief...

Guyana is not a 50% owner in Exxon’s operations; “this is a mistake many people make” – Jagdeo

Guyana’s Vice President Dr Bharrat Jagdeo believes that a better understanding of the arrangement between the government and ExxonMobil local affiliate Esso Exploration and Production Guyana Limited (EEPGL) will help the public to have more realistic expectations about the...

Guyana institutes mandatory 45-day payment period, amid complaints of long wait

Payment periods are now limited in Guyana as its government on Friday issued an ultimatum to all contractors and sub-contractors operating in its oil and gas industry to institute a 45-day payment period. According to Guyana’s Local Content Secretariat (LCS),...

JOB FAIR! VEHSI recruiting Region Three residents for shore base project

Vreed-en-Hoop Shore Base Incorporated (VEHSI) is looking to provide employment to residents of Region Three, where the company is developing a shore base facility.  On Saturday, September 10, VEHSI is hosting a job fair to assess the hiring pool...

Kaieteur Block partner, Cataleya Energy initiates free training for Guyanese to support economic diversification

Cataleya Energy Limited, a locally owned and controlled partner in the Kaieteur Block, has initiated a free six-month training course for Guyanese, all in an effort to support President Dr. Mohamed Irfaan Ali’s push for a diversified economy. Speaking with OilNOW, Co-Founder & Director of...

Over 500 courses on offer at Guyana’s first oil & gas training institute

Guyana's landmark Local Content Policy became law last December and almost nine months down the line, its impact is being felt throughout the country's booming oil and gas sector. 3T EnerMech's massive OPITO Training Centre of Excellence at Lusignan, East...

24 Guyanese on 12-month course in Canada; to be deployed on Liza Unity on return

A batch of 24 Guyanese trainee technicians attached to SBM Offshore are off to Canada for an oil and gas training programme to build their capacity and knowledge for integration into the country’s offshore operations. The certificate programme in Petroleum...

Transforming Guyana episode III: education and the oil windfall

By Terrence Blackman, PhD and Utamu Bell – OilNOW Episode III of Transforming Guyana, The Guyana Business Journal and Caribbean Policy Consortium Webinar Series, examined how Guyana can leverage oil and gas revenues to produce a world-class twenty-first-century education system...

Guyanese “trailblazers” lauded by President onboard country’s largest capacity FPSO

Guyana’s President, Dr. Mohamed Irfaan Ali visited the Liza Unity floating production storage and offloading (FPSO) vessel on Tuesday where he toured the facility and met with the crew. He told Guyanese workers onboard the country’s largest capacity FPSO to...

Guyana oil production data available online since last year – Gossai Jr.

Guyana’s Ministry of Natural Resources pointed out on Monday that oil production data can be easily accessed by the public via the Ministry’s Petroleum Management Programme website: https://petroleum.gov.gy/data-visualization. This follows reports in the media about the data not being...

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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,...