ExxonMobil Guyana is actively seeking the services of a Guyanese contractor for the construction of a critical access road to its Ogle operations centre, currently under construction. In a bid to streamline the selection process, the company has recently...
Following remarkable successes in the deepwater plays of South America, Sierra Leone is hoping to mirror the fortunes of Guyana, aiming for an exploration boom in its prolific oil and gas fields.
In recent years, the Guyana-Suriname basin has witnessed...
MODEC’s local affiliate, MODEC Guyana Inc., is moving to craft its local content compliance strategy in line with legal requirements. The company is setting up shop in Guyana, after being hired to build and deliver the Errea Wittu floating...
Development drilling operations remain in high gear at ExxonMobil’s latest project off the Guyana coast, set to come online later this year.
The Noble Bob Douglas will conduct activities which will conclude on August 31, according to a notice from...
‘Likkle but you tallawah’ is a common patois saying for things that should not be underestimated. And Guyana falls right into that category. The South American nation is shedding its newcomer status to the global oil industry, having entered...
Oil’s importance continues to be seen as it remains a leading sector in terms of future investment prospects in Latin America and the Caribbean, notwithstanding the worldwide push for renewables. This point was underscored in a recent report by...
Energy company Hess has been named E&P Explorer of the Year for the second year in a row, as revealed in the 15th annual Wood Mackenzie exploration industry survey. Its Exploration Director, Tim Chapman made the announcement on July...
The World Bank has announced the elevation of Guyana's status to a high-income country, a milestone in the South American nation's economic journey. This update comes along with several other countries having their statuses adjusted in the latest annual...
Ahead of veterans like Norway and Mexico, Guyana is projected to become the world’s fourth-largest oil producer by 2035, according to a new United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report.
“The dynamic performance of the...
Guyana trailed behind only Mexico and Brazil, holding the third slot as the country with the highest total value of foreign direct investment (FDI) project announcements for 2022 in Latin America and the Caribbean.
Outlined in the new United Nations...
