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More Guyanese being trained and employed in O&G industry

With the impending Oil and Gas industry in Guyana, a matter of great concern has been local content, and how Guyanese can benefit from the industry--not just the resource but employment and getting them ready for the employment opportunities...

Over 400 Guyanese applied for jobs at energy department; new office on the horizon

Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe says an important aspect of the department’s action plan is for it to be housed in a new building at an appropriate site within two years as Guyana continues...

Guyana’s energy policy and the role of the state

Guyana is in the midst of an energy revolution. The economic landscape, developments in technology, evolving business models and consumer behaviour are changing at an unprecedented rate, creating more opportunities than ever for the local industries. The national grid...

T&T shallow water bid round disappoints

Former Trinidad and Tobago (TT) Minister of Energy and Energy Affairs, Kevin Ramnarine, has called the outcome of the 2018 shallow water bid round disappointing and said that it demonstrates how “unattractive” the country’s acreage has become due to...

Liza Unity moving SBM’s Fast4Ward programme ‘from plan to reality’

The award of a second FPSO contract for the Liza project in Guyana is advancing Dutch floater specialist, SBM Offshore’s Fast4WardTM programme, moving it from plan to reality, the company said on Thursday. Bruno Chabas, CEO of SBM Offshore, said the...

ExxonMobil gets approval for Mozambique Rovuma LNG project

Mozambique Rovuma Venture said Tuesday that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique,...

T&T, China governments partner on ship facility construction

Trinidad and Tobago’s CNC3 is reporting that the government of the oil producing Caribbean nation is working closely with the Chinese government to build a ship servicing facility there as part of an initiative to diversify the economy away...

Guyana Shore Base eyeing expansion to double its capacity

Guyanese majority owned Guyana Shore Base Inc. (GYSBI) will double its capacity in phase 2 of its expansion programme which will see the facility’s usable area and wharfage increasing by over 100%. Under its Phase 2 Expansion Programme, GYSBI plans...

14 Saipem workers hurt in fire off Azerbaijan

Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....

Chevron set to walk away from Anadarko take-over

Chevron Corporation announced on Thursday that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that...

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Afreximbank COO pitches partnership for Suriname’s SMEs

PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized...