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More Guyanese companies competing for contracts in oil & gas

Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...

Investors moving ahead with plans for “GY$100 per share” modular refinery

Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...

Companies

Anadarko Petroleum Corporation An American petroleum and natural gas, exploration and production company formed in 1959 as a subsidiary of Pan Handle Eastern Corporation Pipeline Company, after the discovery of large amounts of natural gas in the Anadarko basin in...

Excitement high as 2nd batch of Guyanese workers head out to Stena Drillship

Excitement was high on Saturday at the head office of El Dorado Offshore (EDO) in Georgetown, as another batch of Guyanese workers prepared for the 120-mile journey offshore to the Stena Carron Drillship. Stena has selected 12 Guyanese nationals through...

Badly needed refinery upgrades in Nigeria could cost $1.2B

Nigeria may need to spend as much $1.2B in refinery upgrades in order to reduce its dependence on the imports of refined oil products. Although the country produces 2 million barrels of oil per day, it is still forced...

EITI vital for Guyana now that oil production is coming – TT EITI Chair

Now that Guyana is headed for a windfall with the Liza field production set to begin in 2020, it is more important than ever for the South American nation to become a part of the Extractive Industries Transparency Initiative...

GOGA pushing for development of technical skills in oil & gas

Developing technical skills among Guyanese for jobs in the oil and gas sector is being treated as a top priority by the Guyana Oil and Gas Association (GOGA). The entity is actively engaging a number of external partners which...

Fugro boosts specialist oil & gas services in Guyana

Fugro is to boost its marine site characterization services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The new relationship will facilitate training for Guyanese...

Guyana working on oil spill plan of action

As US oil major ExxonMobil gears up to begin oil production in Guyana by 2020, authorities in the South American country are crafting a range of measures, including a plan of action in the event of an oil spill...

Certified welders, other skilled workers will be needed as Guyana becomes major oil producer

Beefing up education institutions in preparation for oil production which is set to begin by 2020 is critical if Guyanese are to benefit from direct employment opportunities in the emerging oil and gas sector. This is the view of...

Latest News

‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...