The Yellowtail project will cost US$10 billion to develop, the Ministry of Natural Resources said, in a long-awaited announcement of its approval. This represents the largest investment ever made in the history of Guyana.
The Liza Phases One and Two,...
Guyana’s Minister of Natural Resources, Vickram Bharrat, said companies involved in the extractives sector must remove disparities in the treatment of local and expatriate workers, when it comes to pay and occupational health and safety (OHS). He said too,...
Guyana’s Office for Investment (GO-Invest) has released an investment prospectus which outlines 55 areas government wants investors to go after, with a promise of generous tax breaks and fast-tracked approvals.
“Guyana is experiencing transformative and exponential growth since becoming an...
President of the Georgetown Chamber of Commerce and Industry (GCCI) in Guyana, Timothy Tucker on Thursday said the business service organization will continue its campaign for equitable treatment of Caribbean Community (CARICOM) member states by the regional body and...
Attorney-at-Law and Member of Parliament Sanjeev Datadin insists that his suggestion that Guyana can enter a reservation to opt-out of certain obligations under CARICOM's Revised Treaty of Chaguaramas (RTC), is sound, irrespective of arguments that resist such an approach.
Datadin’s comments...
Some stakeholders in Guyana have argued that the new oil producing South American country has at its disposal, the choice to opt-out of obligations under the Caribbean Community's (CARICOM) Revised Treaty of Chaguaramas (RTC) so as to ensure the...
Dr. H Arlington D Chesney
Guyana has recently become a major oil and gas country. The estimated recovery resource base is 9 to 15 billion boe. Consequently, GDP is projected to grow by 49.7% in 2022.
The Governor of the Central...
CGX Resources Inc. is in search of some vessels and services to support its drilling of the Wei-1 well in the Corentyne block in July, using the Maersk Discoverer rig.
The company is planning to place agreements for three offshore...
Guyana’s labour Ministry launched a national job bank online on Friday to connect the unemployed with jobs across the country. Subject minister, Joseph Hamilton, said during the launch ceremony that the government wants companies in the oil and gas sector to...
Guyana’s Attorney General (AG), Anil Nandlall said in an interview last week the government’s development agenda, which includes full support for the offshore oil and gas operations, will not slow down even though some sections of the society seem...
