Quay wall installation begins on Vreed-en-Hoop Shore Base facility
The Vreed-en-Hoop Shore base Inc (VEHSI) has started installing the quay wall structure on its artificial island in the Demerara River. The first set...
GYSBI launches scholarships in technical studies for Guyanese
Guyana Shore Base Inc. (GYSBI) on Wednesday launched its Technical Scholarship aimed at supporting educational opportunities for persons between the ages of 16 and...
Greater O&G monitoring, contract compliance are priority in 2024 – VP
As the country’s oil and gas sector continues to grow exponentially, the Guyana Government continues to work on building the best legislative and regulatory...
US EXIM Bank pre-approves Guyana’s loan for GtE project
The United States (US) Export-Import (EXIM) Bank has granted pre-approval for its loan for the Gas-to-Energy (GtE) Project. This was disclosed by Vice President...
Govt receives several proposals to set up national oil company – Vice President
…says all decisions on future blocks to be made in 3rd quarter
Proposals have been received from various oil operators in Guyana’s waters for them...
Private sector, Natural Resources Ministry discuss unbundling of contracts, shorter payment time
See below for a joint statement from the PSC and Natural Resources Ministry on a recent meeting held:
A team from the Private Sector Commission...
Oil & gas sector accounts for US$700M spent annually in Guyana
The oil and gas sector, which continues to grow amid Guyana’s reputation as the fastest growing economy, is responsible for approximately US$700 million in...
JV formed between Ghanaian tech firm, Guyanese company; eyeing remote monitoring of offshore oil...
A joint venture (JV) partnership has been launched between a Ghanaian technology firm with experience in oil and gas and a Guyanese/Canadian company, with...
EOIs for a model to monetise Guyana’s gas assets being reviewed – GS Jagdeo
Expressions of Interest (EOIs) for a model that will help Guyana monetise its gas assets are currently under review by the government through the...
EPA reviewing draft Parent Company Guarantee Agreement from Exxon
…optimistic of including clause allowing flexibility on US$2B guarantee
By Jarryl Bryan
The Environmental Protection Agency (EPA) is presently reviewing a draft Parent Company Guarantee agreement...