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Guyana has moved from a handful of businesses to over 600 suppliers supporting offshore operations

Guyanese businesses have been playing an increasing role in the offshore exploration and production activities with more services being provided directly from local suppliers now than what previously obtained following the 2015 Liza discovery. This is a direct result of...

First Lady Arya Ali is ‘Godmother’ of Guyana’s 2nd oil production vessel

First Lady of Guyana, Arya Ali, officially dedicated the Liza Unity Floating Production Storage and Offloading (FPSO) vessel at a ceremony held at the Cara Lodge Hotel on Saturday, June 12, in the country’s capital, Georgetown. The vessel is...

Analyst encourages Suriname to adopt lessons from Guyana’s oil boom

In order for Suriname to prudently manage its oil and gas industry, Senior Analyst at America’s Market Intelligence (AMI), Arthur Deakin, is calling for the South American country to take lessons from Guyana’s oil boom. In an analysis released to...

University of Guyana set to roll out new courses for oil industry from June

In an effort to help fill national performance gaps, the University of Guyana’s Institute for Energy Diplomacy (IED) recently announced that it will be offering a suite of Executive Level Professional Courses on Energy Markets, Oil and Gas Value...

Oil summit focusing on South America’s new frontier set for June

The 3rd Annual Guyana International Petroleum Business Summit and Exhibition (GIPEX), will be returning this year, from June 28-30 via a virtual platform hosted jointly by Valiant Business Media (VBM) and the Ministry of Natural Resources (MNR) with support...

The top three challenges of being the most appealing fossil fuel opportunity in the world

By Arthur Deakin – OilNOW It is no longer a secret that Guyana is one of the most attractive investment opportunities in the world. The country has discovered 9 billion barrels of recoverable oil, and that is likely only half...

Development of non-oil resources could build Guyana’s stock of transferrable skills – World Bank

Guyana is endowed with considerable untapped natural resources, including minerals, agricultural lands, forests and water, which oil revenues could help develop. Enabling the growth of high value-added sectors in which Guyana has a comparative advantage based on its natural...

Gas pipeline will accelerate Guyana’s clean energy transition, build massive industrial base – TT energy advisor

While the Guyana government forges ahead with plans to bring the US$900M gas-to-shore project on stream by 2024, there have been some expressed concerns about the implications such initiatives may have in delaying the country's full transition to renewables....

Guyanese recruitment firm expands services to Suriname as deepwater operations grow

Guyanese firm Strategic Recruitment Solutions Inc. (SRS) has expanded its professional network and services to Suriname. Effective May 4, 2021, SRS launched a partnership with the Suriname based Humus Consulting. The Joint Venture, Strategic Recruitment Suriname N.V., will provide...

Saipem set to open major construction facility in Guyana

Italian oilfield services company Saipem will officially open its offshore construction facility this month in Guyana’s capital Georgetown, to support the growing offshore operations in the new oil producing South American country. The facility will feature a heavy load bearing...

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Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration...