PARAMARIBO, SURINAME - Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana...
Venezuela’s Nicolas Maduro and Russian President Vladimir Putin have publicly reaffirmed support for their nations with a strategic partnership agreement.
As reported by Reuters, Russia and Venezuela agreed to deepen cooperation in energy, including joint initiatives within OPEC+, the Gas...
Terry Palisch, President of the Society of Petroleum Engineers (SPE) International, concluded his first visit to Guyana this week, signaling the country’s expanding relevance in global energy discussions and the transfer of technical expertise.
Palisch, who also serves as Chief...
Countries like Guyana, Grenada and Suriname are on Trinidad and Tobago’s radar to fill the gap after the Trump administration killed its Dragon gas deal with Venezuela.
Newly installed Prime Minister, Kalama Persad declared the deal “dead” fresh off swearing...
In Management Themes (Part 2), we saw that access to Guyana’s petroleum resources is primarily done through the conduct and regulation of petroleum operations. We also saw that petroleum operations, as defined in the PAA, cover a wide range...
International engineering giant Bechtel is working closely with the Government of Guyana to develop a deep-water port in Berbice, Region Rix (East Berbice-Corentyne). This is according to President of the South American country, Dr. Mohamed Irfaan Ali.
The facility is...
Hess Corporation said in its 2024 annual report that potential remains for up to 10 floating, production, storage and offloading vessels (FPSOs) offshore Guyana, as operator ExxonMobil progresses with a multi-phased development plan in the South American nation.
To date,...
Recover Guyana, in partnership with the Greater Guyana Initiative (GGI) and the Ministry of Education, has spearheaded a water purification and sustainability initiative at the West Demerara Secondary School. Launched on March 24, the project provides clean drinking water...
Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program for the Bell 525 helicopter in Guyana's oil and gas sector.
The evaluation, set to last...
With Guyana’s Berbice region set for major development, President Irfaan Ali is adamant that plans for the proposed deepwater port there must forge ahead.
“You have to build that deep-water port, that is part of the plan,” the Head of...
