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...
The impending entry of more major oil companies into Guyana’s oil basin has been met with enthusiasm, with Natural Resources Minister Vickram Bharrat deeming it a welcome development for the nation’s growing energy industry.
“The talks between Total, Qatar and...
Global provider of data and analytics, Wood Mackenzie, said host governments, such as those in Guyana, Namibia, and Angola, have structured their petroleum fiscal regimes to strike the right balance between incentivizing investment and reflecting the risks faced by...
Guyanese regulators have approved MODEC’s Local Content Master Plan 2024-2028.
The plan outlines MODEC's push to integrate Guyanese companies and nationals into its operations for a five-year period. Procurement opportunities for Guyanese companies are already being unveiled, with about 32 announced...
SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO) will be executed with the same team and expertise that handled the Liza Unity FPSO.
“We inherently bring all the learnings...
Four of the bidders in Guyana’s maiden offshore auction have accepted the terms of its new production sharing agreement (PSA), the Ministry of Natural Resources announced on Wednesday.
The auction, executed last year, saw the S3 and D2 Blocks awarded...
Training initiatives for Guyana’s oil and gas sector have seen an investment of US$8.6 million, according to the recently released Mid-Year Report from the Ministry of Finance.
Labor scarcity in Guyana’s market is a known issue, especially in the oil...
Guyana now produces more hydrocarbons in the Caribbean region than veteran producer Trinidad and Tobago (TT).
Data from TT's Ministry of Energy and Energy Industries shows oil and condensate production of 50,246 barrels per day (b/d) in the first four...
