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Guyana is open for business – 55 areas ripe for investment

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...

Guyana business chamber pledges sustained campaign for fairer treatment among CARICOM states

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...

CARICOM has largely been a failure; opting out Treaty to protect oil sector a matter of national interest – Datadin maintains

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...

Guyana respects ‘sanctity of treaties’, pulling out of CARICOM pact would be unwise, says Advisor on Borders

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...

Agriculture more than food on the table: A conceptual approach within Guyana’s oil and gas riches

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 searches for vessels, services ahead of July drilling of Wei-1 well in Corentyne Block

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 Labour Minister encourages oil sector to utilise new job bank

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 government perplexed over criticism it is working too fast

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...

Guyanese women on the rise in oil and gas

By A. Bacchus - OilNOW  CAMSOL: Bringing business solutions to you with a personal touch On March 8, the world will observe International Women’s Day. It is a day that we acknowledge the gender inequalities and challenges facing women and...

CGX says final cost of Kawa-1 well is US$141 million, analysis of results still ongoing

CGX Energy said in a statement released on Wednesday that it has safely completed exploration activities at the Kawa-1 well. The well has now been safely plugged and abandoned and the Maersk Discoverer drilling rig has been released from...

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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,...