SBM Offshore Guyana announces US$37M in contracts for local businesses this year
SBM Offshore Guyana on Friday announced that some US$37 million in contracts will be awarded this year to local businesses and over 700 hours...
Govt has to start planning projects beyond Gas-to-Energy project as power demand increases –...
By Devina Samaroo
Driven by massive development all across the country, the power demand continues to increase exponentially, and the Government will now have to...
Employers to face hefty fines for labour breaches – Hamilton
…as legislative revision continues
After the revision of legislation for the labour sector, employers found in breach of the laws will be slapped with hefty...
US$200M oil refinery proposed for EBD to employ 300 persons
…750 persons to be employed during construction – American investor
A US$200 million oil refinery and integrated petrochemical manufacturing complex, which will employ 750 persons...
“The reality is there is less available capital” – Ali on sourcing finance for...
The bugbears faced by companies to invest in the oil and gas sector will create a negative effect on the rollout of the industry...
Billions being expended on Guyanese from oil & gas resources – VP Jagdeo
Despite the narrative that Guyanese are not benefitting from the oil and gas resources under the Dr Irfaan Ali-led government, billions of dollars in...
Yellowtail installation to be complete by December 2024 ahead of next year’s start-up
Ahead of the planned start-up of ExxonMobil’s fourth offshore project Yellowtail in 2025, the company is currently conducting installation activities which are expected to...
Liza Destiny, Unity FPSOs combined could lift over US$200M worth of crude in April...
By Jarryl Bryan
For the first time in Guyana’s short oil production history, there could be as many as two oil lifts in one month,...
Govt in talks with West Dem residents to acquire properties for gas-to-shore pipeline
– AG says residents will get fair & transparent deals for properties
The People’s Progressive Party/Civic (PPP/C) Government is in talks with residents on the...
ExxonMobil Guyana “evaluating next steps” after High Court ruling on insurance coverage
United States-based oil major, ExxonMobil Guyana said it is now examining its next steps following the recent ruling by the High Court in Georgetown...