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High-level Ghana delegation in Guyana for three-day visit

With the objective of further intensifying Guyana-Ghana relations, Vice President of this West African nation Dr. Mahamudu Bawumia arrived in Guyana at the Cheddi Jagan International Airport (CJIA) on Saturday afternoon. Over the next three days the Ghanaian VP, his...

US$900M gas-to-energy project attracting investors from across the world – Bharrat

Following the publication of an Expression of Interest (EOI) in July for investors to collaborate with the Guyana government and ExxonMobil on the US$900 million gas-to-energy project, authorities have received over 30 responses, says natural resources minister, Vickram Bharrat....

Guyana’s limited workforce cannot focus entirely on oil and gas, diversifying economy is key

Creating local jobs, building capacity and focusing on in-country value from monies spent are key elements of local content and cannot be seen in isolation of the broader economy. So says Director of the Centre for Local Business Development,...

‘Critics who say we will get nothing from oil sector reckless, uninformed’ – Bharrat

Since the emergence of oil and gas activities in Guyana, over GY$400 billion (US$2 billion) have been plugged into the economy and more than GY106 billion (US$534 million) have been received in oil revenue from exports and royalties. Additionally,...

Energy Chamber launches inaugural oil and gas seminar for high school students

The Guyana Oil and Gas Energy Chamber (GOGEC) launched its inaugural oil and gas seminar for high school students on Friday in Georgetown. As part of a collaborative effort, GOGEC said it is partnering with the Guyana Telephone and...

Government partners with UK company to offer scholarships to Guyanese for oil and gas

The Government of Guyana announced on Wednesday that it has partnered with United Kingdom-based 3T EnerMech to offer scholarships to Guyanese for technical careers in the oil and gas industry. The training is being done under the Guyana Online Academy...

Finding right balance in JVs will ensure Guyanese companies don’t get ‘short end of stick’, says analyst

As more local companies enter joint ventures (JV) in Guyana to pursue growing opportunities in the country’s emerging oil and gas sector, one expert in the industry says finding the right balance in JV agreements is crucial if locals...

T&T inks massive gas deal with Shell; to produce as much as 700 mmscf per day

Prime Minister of Trinidad and Tobago, Dr. Keith Rowley announced on Wednesday that a crucial agreement was signed between his administration, Shell Trinidad and Tobago Limited, and Shell Trinidad and Tobago Resources SRL (Shell) on the terms and conditions...

Opposition moves to Parliament for answers on government’s failure to audit US$9B Liza 1 & 2 projects

Guyana's political opposition has moved to Parliament with a list of questions it hopes would allow it to better understand why the government has not yet completed the audit of ExxonMobil’s Liza Phase 1 and 2 projects which total...

SBM Offshore to build largest producing unit in company’s history for Exxon’s Yellowtail project

SBM Offshore announced on Wednesday that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for Guyana's Yellowtail Development project. The Dutch floater specialist said the award...

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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,...