In February 2021, the new Guyanese government released the first draft of their proposed local content policy for the energy sector. Local content regulation defines how much local labor is utilized during the development of an industry—a fundamental policy...
A high-level Ghanaian team comprising Deputy Minister of Energy, Mohammed Amin Adam; Chief Executive Officer (CEO) of the Petroleum Commission, Egbert Faibille; CEO of the Ghana National Petroleum Company (GNPC), Kofi Koduah Sarpong; along with other technical personnel arrived...
Guyana Logistics and Support Services (GLASS) Incorporated was established in 2011 and serviced the mining industry for some time. However, the business experienced some ‘dormant years,’ according to the company’s Human Resources and Manpower Services Manager, Romona Rahat, who...
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) will make a Final Investment Decision (FID) on its fourth project to be developed at the Stabroek Block, at Yellowtail, pending government and environmental approvals.
Initial estimates have so far indicated...
When local and foreign businesses form partnerships to tap into opportunities in the oil and gas sector in Guyana, the Guyanese partner should not just be a majority-owner of the business for it to be considered ‘local’ but should...
Guyana is one of the most promising plays to have been opened in the last decade following the discovery of the giant pre-salt reservoir in Brazil, says independent energy research and business intelligence company Rystad Energy.
The new oil producing...
With three major oil production projects already approved and a fourth one on the way, Guyana’s Vice President Dr. Bharrat Jagdeo said the logistics onshore and related investments in hotels and real estate to manage these developments will run...
Development experiences in local content and oil and gas legislation, as well as the best practices for the exploitation of hydrocarbons, were just some of the lessons that were passed on to Guyana's Vice President Dr. Bharrat Jagdeo by...
By A. Bacchus
Growing up in a small community in Canal Number One, on the West Bank of Demerara, at a time when very few people had dial-up internet and the ‘big back tv’ that required the youngest in the...
Given that the aim of the University of Guyana’s (UG) Institute for Energy Diplomacy (UGIED) is to deliver energy upskilling in line with local content requirements, CNOOC Petroleum Guyana (CPGL) is funding 18 scholarships for Professional Executive Energy Training.
The...
