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“Not a squeak from CARICOM” on Venezuela’s latest threat to Guyana’s sovereignty – Persaud

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Almost three days after Venezuela’s navy intercepted a survey vessel contracted to ExxonMobil operating in the western portion of Guyana’s Stabroek Block, the 15-member CARICOM body of which Guyana is a founder-member, is yet to issue a statement on...
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US says Guyana has sovereign right to explore resources offshore as country files complaint with UN

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The United States Department of State on Sunday said through its Deputy Spokesperson, Robert Palladino, that the South American country of Guyana has the sovereign right to explore resources off its coastline. The statement comes in response to what Guyana has...
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Guyana plans to lodge complaint with UN over ‘illegal, hostile interception’ of ExxonMobil vessel by Venezuelan navy

OilNOW -
Guyana said on Saturday evening that it will be lodging a formal complaint with the United Nations over what it described as an “illegal, aggressive and hostile act” perpetrated by the Government of Venezuela which saw the interception of...
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Venezuelan military intercept ExxonMobil survey ship

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OilNow has learnt that the Venezuelan military has intercepted a seismic vessel which is contracted to ExxonMobil and which was carrying out survey works in the offshore Guyana Basin. ExxonMobil in an update said that it is in communication with the...
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Pact between Guyana and ExxonMobil ‘more than commercial’ in nature

OilNOW -
The decision by US oil major ExxonMobil to conduct a new 3-D seismic survey on the western portion of the Stabroek Block offshore Guyana is a sign of confidence in the country’s internationally-recognised territorial zone. This, a former Minister...
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PricewaterhouseCoopers submitted EOI for ExxonMobil cost recovery audit

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PricewaterhouseCoopers Advisory Services Limited submitted an Expression of Interest (EOI) to the Government of Guyana (GoG) for a cost recovery audit consultancy in relation to ExxonMobil’s exploration activities in the Stabroek Block offshore Guyana. “We have the right experience, the...
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Guyanese business group calls for swift implementation of local content framework

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The Private Sector Commission of Guyana (PSC) is calling for the swift implementation of a local content framework within which local businesses can operate and meaningfully benefit from opportunities in the emerging oil and gas industry. Speaking at the Liza...
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More project approvals will give Guyanese companies confidence to invest, build capacity – Henson

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ExxonMobil Guyana Country Manager Rod Henson says the next decade will be transformational for businesses in the South American country and with the approval of more projects offshore, these local companies will become more confident to invest and take...
News

ExxonMobil says efforts to develop local capabilities will continue

OilNOW -
ExxonMobil Guyana says it will continue to play a major role in the development of local content in the South American country as first oil approaches. The company reiterated this at a time when multiple potential developments are expected...
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Guyana 15th in the world in terms of deposits – Ambassador Holloway

OilNOW -
Outgoing US Ambassador to Guyana Perry Holloway said that while things are happening in the Guyanese economy due to the emerging oil and gas sector, people still do not realise how big the Guyana offshore oil discoveries are -...
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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...

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