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11 Guyanese to work offshore on Stena Carron drill ship

Eleven Guyanese have been selected to work offshore on the Stena Carron drillship which is currently conducting exploration work at the Payara 2 well in the Stabroek Block offshore Guyana, for US super-major, ExxonMobil. The candidates selected were recruited...

Guyana private sector adopts unified approach for oil & gas preparations

A new approach adopted by groups representing Guyana’s business community coupled with recent statements from a key government official, have served to renew optimism at the level of the country’s private sector, in its approach to preparations for first...

Guyanese abroad with knowledge in oil & gas urged to return home

The Government of Guyana is appealing to Guyanese living abroad with knowledge and expertise in the oil and gas industry, to return home. Guyana’s Minister of Natural Resources, Raphael Trotman, said these persons are greatly needed to share their expertise in...

Guyana not yet prepared to disclose identities of oil negotiators – State Minister

The Guyanese public is no closer to knowing the full identities of those who have been negotiating terms and conditions on their behalf for development and production of offshore oil resources.  The country’s Minister of State, Joseph Harmon, told...

ExxonMobil says it is eager to partner with Guyanese businesses

ExxonMobil announced today the establishment of the Centre for Local Business Development in Georgetown, Guyana, and signaled its commitment to work with the country’s business community. The centre will assist small and medium-sized Guyanese businesses with building their capacity and...

Guyana lagging in institutional capacity

Speaking with OilNOW, Anthony Paul, Principal Consultant, Energy and Strategy, Association of Caribbean Energy Specialist Ltd cited a Rapid Analysis that was commissioned by UNDP in 2015 to determine the readiness of Guyana for oil production. The results of the...

T&T energy expert “not convinced” Petrotrin is a viable option for Guyana’s oil

A Trinidad and Tobago-based consultant in the energy industry says he is not convinced that the twin island’s Pointe-à-Pierre refinery; Petrotrin, is a viable choice for Guyana, as the South American country continues to explore the best options available...

Guyanese private sector “walking and sleeping” on oil & gas opportunities

The business community in Guyana is coming in for heavy criticism from two of its members who say a lack of understanding of what is happening in the country’s emerging oil and gas sector and an unwillingness to invest...

Guyana must put ego aside and hire professionals to negotiate with ExxonMobil – Attorney-at-Law

Prominent Guyanese Attorney-at-Law, Nigel Hughes, says the country’s government must put ego aside and take steps to hire experts who can advise on negotiations with US super-major, ExxonMobil. Mr. Hughes, a Director on the board of the Guyana Oil...

Oil production agreement outlines requirement for training, hiring Guyanese

A detailed plan will have to be developed by ExxonMobil, its development partners, contractors and sub-contractors, to address the training and employment of Guyanese, as the country gears up for first oil in mid-2020. A source familiar with the terms...

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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...