Hospitality is one of the fastest growing sectors in Guyana. One businessman, Robert Badal, recently said that the Guyanese public hears an announcement of a new hotel project every week. In the span of just four days this past week,...

Caribbean Subsea Specialist Inc., (CSSI) a Guyanese majority-owned subsea services company has entered the country’s market, promising to bring world-class training to the oil and gas sector. Launched on Thursday evening, CSSI’s Operations Coordinator, Dylan Galt, said that the company...

The Guyana Government on Thursday submitted to the National Assembly, a request for supplementary funding totaling GY$44.7 billion for the fiscal year 2022. Of that sum, GY$332.6 million (nearly US$1.6 million) is being sought for withdrawal from the Consolidated...

Bolstered by ExxonMobil’s industry leading production and development pace in the Stabroek Block, Guyana’s oil and gas revenues are on track to break the US$1 billion mark this year and accelerate to US$7.5 billion annually in 2030, research by Rystad Energy shows. The independent...

SBM Offshore, the company building and operating floating production storage and offloading (FPSO) vessels for oil production activities offshore Guyana, is looking to fill multiple positions for its local operations. In a public notice, the company said it is looking...

Guyanese businessman and Accountant Floyd Haynes opened the New Hayven Merchant Bank on Thursday at the Marriott Hotel. The Bank's office is on Church Street in Georgetown. Under the banner ‘Guyanese Roots, Globally Connected’, the new bank will have firsthand...

Builder of Guyana’s floating production, storage and offloading (FPSO) vessels, SBM Offshore, announced Thursday that it completed project financing for the ONE GUYANA vessel to be used for the Yellowtail project. The FPSO project costs US$1.75 billion; SBM Offshore said...

ExxonMobil Guyana will be hosting a Request For Information (RFI) clarification meeting on August 9, 2022, at the Marriott Hotel in Georgetown. The company plans to put in place an agreement for the provision of Integrated Office Facility Management Services. The...

Staatsolie, Suriname’s state oil company, says there is real potential for cooperation between Guyana and Suriname, particularly with gas resource development. “Large resources and associated and non-associated gas have been discovered and both countries could benefit from jointly developing resources...

Guyanese businessman, Robert Badal, celebrated the grand opening for the US$100 million Pegasus Hotel Suites and Corporate Centre in Kingston, Georgetown on Wednesday evening. Guyana’s hospitality sector has benefited from major investment interest and injections. But this project is unique...