The Georgetown Chamber of Commerce and Industry (GCCI) has become a member of the CARICOM Private Sector Organization (CPSO), a service organization that mobilises and advances private sector participation within the Caribbean Community and Common Market (CARICOM).
The Chamber announced...
Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...
Paramaribo, Suriname – Over the last two years, South American neighbours – Guyana and Suriname have been foisted into the limelight due to the exciting oil and gas discoveries being made in both offshore territories.
To date, Guyana’s proven oil and...
One day after it held a media conference demanding answers, Ramps was told by the Guyana Local Content Secretariat that the onus is on it, as an applicant, to submit documents that are not false or misleading.
Ramps had applied...
Paramaribo, Suriname - A brand-new chapter dawns for Suriname, quickly becoming one of the hottest new oil exploration destinations on the globe.
And its President, Chandrikapersad Santokhi has opened the floodgates, inviting investors from all and sundry to help develop...
The 2nd edition of the Suriname Energy, Oil & Gas Summit & Exhibition (SEOGS 2022) will be hosted this week in Paramaribo from June 28 to 30. The event is set to provide the opportunity to hear from government,...
After being fined GY$20 million for breaching customs law earlier this year, Ramps Logistics had threatened the Guyana Revenue Authority (GRA) with a lawsuit if it did not return the fine.
The letter dated March 4, 2022, from its attorney-at-law,...
The Vreed-en-Hoop Shore Base Inc. (VESHI) is moving closer to reality as company and other officials on Tuesday turned the sod to mark the start of construction on the US$300 million venture.
Due to inclement weather, a planned large ceremony...
By Dr. Graham King - OilNOW
Commodity-rich developing countries can suffer terribly from Dutch Disease. Commodity wealth bolsters imports, making them relatively cheaper and more readily accessible to the population. Local products can struggle to compete as labour rates climb...
Outside of the introduction of a robust Local Content Legislation, Guyana intends to use the Gas-to-Energy project as a means of maximising benefits to the country from the deal it has with ExxonMobil. This was said by Vice President,...