RelyON Nutec (MD), an offshore safety consultancy headquartered in Copenhagen, has decided to expand its presence in the region through a strategic partnership with the Guyanese-owned Atlantic Marine Supplies Incorporated. NL says it is the world's leading safety service...
Guyana has been blessed with enormous oil and gas resources. The revenues from this remarkably lucrative sector can transform the country and enable its citizens to reach higher standards of living. These revenues can also buttress the diversification of...
By Dr. Justin Ram - OilNOW
Guyana's gross domestic product (GDP) per capita is expected to increase from US$6,953 per capita in 2020 to US$15,153 per capita in 2023. Based on the available data, the country could become the world’s...
The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway.
This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening...
Guyana’s steadfast drive for local participation in its oil and gas sector is being lauded by former Trinidad and Tobago Minister of Energy, Kevin Ramnarine.
Though private sector leaders of the two Caribbean Community (CARICOM) nations have been at odds...
For a country with over 110 years of experience in the oil and gas sector, it is an unfortunate fact that talk of Trinidad and Tobago’s local content capacity have become nearly non-existent. This is the view of the...
Guyana is exploring the establishment of a national oil company (NOC) to develop its oil and gas resources and some critics have opined that the South American nation should not head down this route. But one local financial analyst is of the view...
The Georgetown Chamber of Commerce and Industry (GCCI) is strongly urging the government to refrain from inking a Memorandum of Understanding (MoU) with Trinidad and Tobago, until the twin-island nation opts to remove its Non-Tariff Barriers (NTBs), which are...
As Prime Minister of Trinidad and Tobago, Dr. Keith Rowley arrived in Guyana for the Regional Agri-Investment forum, one businessman Timothy Tucker is reanimating the discussion about non-tariff barriers to trade.
Timothy Tucker, who happens to be President of the...
Guyana’s Private Sector Commission (PSC) on Thursday re-elected Paul Cheong as Chair, and he already has big plans for the countrywide business service organisation.
A major part of that is pushing for better access to finance for businesses, especially small...
