By unlocking significant oil resources in the ExxonMobil-operated Stabroek Block, one consultant after another has often said Guyana is poised to become the next Qatar or Dubai of the region. But such a promising future cannot come to pass...
Guyana’s regulator, the Environmental Protection Agency (EPA) said on Friday that Qualco Guyana Inc. is not required to conduct an Environmental Impact Assessment (EIA) for its Rope Access Training and Workshop Facility located at Supply, East Bank Demerara.
“The EPA...
SBM Offshore said construction of the topsides modules for the ‘ONE GUYANA’ floating production, storage, and offloading (FPSO) vessel and the accompanying marine structures has commenced in Singapore.
Two steel strike ceremonies were held in both Keppel FELS and Dynamac...
As the Guyana government looks to market its share of crude from the Liza 1 and 2 developments in the Stabroek Block, 14 companies have tendered bids to secure this crude marketing project.
The successful company will be taking over from Aramco...
ExxonMobil’s Liza Phase 1 and 2 projects have been exceeding expectations in recent months. Collectively, the projects peaked at 391,000 barrels of oil per day (bpd) on certain days in August, or 31,000 bpd above initial projections, according to...
SBM Offshore has awarded a multi-million-dollar contract to Veolia Water Technologies, through its subsidiary VWS Westgarth Ltd. to supply a seawater treatment process module for the massive ‘One Guyana’ floating production storage and offloading vessel.
The vessel will be used...
Russian seaborne crude exports have fallen to a 12-month low as a ban by the European Union along with price caps remain on the horizon. The shortfall in supply across Europe is being shored up by alternative sources of...
The incredible growth of Guyana’s oil and gas sector has piqued the interest of investors across the world, looking to get in on the action. The latest is Brazil, with a major delegation scouting opportunities of its English-speaking neighbour...
The Law Enforcement and Investigations Division (LEID) of the Guyana Revenue Authority (GRA) on Wednesday instituted 10 charges in the Georgetown Magistrate’s Court against Ramps Logistics (Guyana) Inc. for false declarations.
Investigations determined, among others, that during the period of 2021 to 2022,...
Earlier this week, Guyana commemorated the 123rd anniversary of the 1899 Arbitral Award, which settled a land boundary dispute which had existed between British Guiana (now Guyana) and Venezuela.
A week prior, Venezuela released a statement alleging that Guyana’s pursuit...
