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Deodat Indar reelected to 2nd term as GCCI president; promises renewed push for Guyanese businesses in O&G

Deodat Indar was on Thursday reelected to serve a second term as President of the Georgetown Chamber of Commerce and Industry (GCCI). The business group held its 128th Annual General Meeting at the Roraima Duke Lodge in Guyana’s capital Georgetown on...

Saipem contracts Guyanese company for shorebase services

Saipem America Incorporated has indicated that it will be contracting a Guyanese company to provide shore-base services for its operations in the Liza Field in the Stabroek Block. The company - a tier one contractor of ExxonMobil Guyana – has been...

GCCI embraces two-pronged strategy to bolster private sector O&G involvement

The discovery of oil in Guyana and imminent first oil in 2020 has pushed the Georgetown Chambers of Commerce and Industry (GCCI) to embrace a two-pronged approach to promoting the country’s private sector involvement in and around the oil...

Open remaining oil blocks to competitive auction or keep them – Jagdeo

Leader of the Opposition and former President of Guyana, Bharrat Jagdeo, is calling for the implementation of competitive bidding for remaining oil blocks or for them to be kept for future generations. Responding to questions from the media, the Opposition...

SBM Offshore in search of wide-ranging services for Guyana operations

As work on the Liza Destiny FPSO moves into high gear in Singapore, SBM offshore is ramping up its preparations for the arrival and operation of the vessel that will bring first oil for the South American country of...

First shipment of pipes for oil production arrives in Guyana

The first shipment of piping material to be used for oil production in the Liza development project offshore Guyana arrived on Wednesday evening at a shore base facility in the South American Country. This represents a major step towards the use...

GIPEX provided meaningful discussion and analysis

Dear Editor, I participated in the just concluded Inaugural Guyana International Petroleum Business Summit and Exhibition and must congratulate the organizers and participants for making the conference one of meaningful discussion and analysis, and moreover a forum at which pertinent...

Sod turned for first Petroleum Academy

Totaltec Oilfield Services on Thursday held a ground breaking ceremony to inaugurate Guyana’s first oilfield service academy as the South American Nation prepares for first oil in 2020. Guyana’s Minister of Natural Resources, Raphael Trotman, has been designated Honorary Patron. Located alongside...

Guyana’s largest petroleum summit opens

The inaugural Guyana International Petroleum Exhibition and Summit (GIPEX) 2018 got off to a spectacular start on Wednesday which participants say have exceeded their expectations and cemented GIPEX as the South American country’s largest petroleum summit to date. The more...

Mega petroleum summit opens today in Guyana

All roads will lead to the Guyana Marriott Hotel today as the country gets ready to host the inaugural Guyana International Petroleum Exhibition and Summit – GIPEX 2018. With six significant discoveries made in the offshore Stabroek block in just...

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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...