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...

A US$40 million deepwater pipe coating facility was launched during a ceremony at the Guyana Marriott Hotel in Kingston, Georgetown on Wednesday evening, by Pipe Coating Guyana (PCG) Inc. The ceremony marks the operationalisation of a state-of-the-art facility purposed...

The Petroleum Production Licence (PPL) for the US$10B Yellowtail Project stipulates that ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), must provide the government with a list of potential opportunities for local and overseas training or secondee positions within its...

On the surface, the multi-billion dollar ‘Port of Vreed-en-Hoop’ may seem like it will be a regular shore base facility, but it’s intended for much more than that. Three businessmen – Andron Alphonso of ZRN Investment Inc., Nazar Mohammed of Hadi’s World Incorporated and...