Oil & Gas
MARAD working with Chile to improve security at portsIn addressing port security in Guyana, Minister of Public Works Juan Edghill has said regulations, training and enhanced inspections of…
Gov’t invites bids to market Liza crudeSee the full statement from the Ministry of Natural Resources below: In keeping with a commitment made to launch bids…
Gov’t reaffirms new model PSA will accrue more economic benefits for GuyanaThere will be a new Production Sharing Agreement (PSA) for new oil activities offshore Guyana, including the upcoming oil blocks’…
Jagdeo sets record straight on oil and gas issues; corrects misrepresentations in Kaieteur NewsVice President Dr. Bharrat Jagdeo has clarified several misrepresentations about Guyana’s oil and gas industry, particularly those reported on by…
GCCI welcomes oil companies’ updated local content master plansThe Georgetown Chamber of Commerce and Industry (GCCI) has welcomed the inclusion of a 45-day payment period in the Local…
Gov’t approves oil companies’ updated local content master plansThe Ministry of Natural Resources approved updated local content master plans of at least two major contractors in Guyana’s oil…
Cheaper electricity closer as gov’t receives five bids for Wales projectCheaper electricity, a long-pursued goal of Guyana, is closer now that the government has received five bids for the construction…
Oil blocks’ auction on for end of SeptemberThe much-anticipated sale of Guyana’s oil blocks is set for the end of September, Vice President Dr. Bharrat Jagdeo said…
New oil and gas vessel support company hoping to encourage Guyanese participation in sectorA new offshore vessel support and logistics services company that boasts 100 percent Guyanese ownership is hoping to play a…
One barrel of oil leaked near second oil shipOne barrel of crude oil was leaked into Guyana’s waters near the vicinity of the Liza Unity oilship, which is…
Government instructs companies to pay locals within 45 daysStatement by the Ministry of Natural Resources (September 09, 2022) As part of continuous engagements with contractors, sub-contractors and other…
Labour Minister warns oil and gas recruitment companies over unethical employmentWith labour demands in the oil and gas sector growing, Labour Minister Joseph Hamilton is warning recruitment companies against unethical…
With 13 lifts this year, Guyana’s oil revenues to doubleThe Guyana government anticipates that there will be a total of 13 lifts of profit oil for 2022. In keeping…
With US$20M investment, Guyana’s first oil and gas training centre opens at LusignanGuyana’s first oil and gas centre, which promises to train thousands of Guyanese and foreigners for the lucrative petroleum sector,…
Efficient oil wealth management, scrutiny assured with key appointmentsIn a move that promises to ensure proper management and scrutiny of Guyana’s oil wealth, President Dr. Irfaan Ali on…
Elon Musk: ‘Civilisation will crumble’ without Oil and Gas in short termTesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil…
Gov’t working to guarantee maximum participation of locals in oil industry - Local Content SecretariatSee below full release from the Local Content Secretariat: The Local Content Secretariat wishes to respond to two Local Content…
Guyana’s oil supplies part of India’s plan to ease shortagesIndia has been grappling with some supply challenges due to disruptions stemming from the Ukraine crisis, but the South-Asian country…

