Apr 3, 2025
2 min read
Guyana’s oil economy remains key driver of regional growth
Guyana’s lucrative oil economy will continue to be a major contributor to regional economic growth, even as the country’s expansion is projected to slow this…
Oil & Gas
Small investors to benefit from O&G sector
The government has identified three major businesses within the booming oil and gas sector for citizens to invest in and earn a guaranteed rate of…
Dr. Rowley: Guyana gas could be ‘Plan B’ for Trinidad
Former Trinidad and Tobago Prime Minister (PM) Dr. Keith Rowley has left the door open for strong partnerships with Guyana’s upcoming gas industry, provided the…
Guyana reclaims Corentyne oil block, terminates CGX-Frontera agreement and licence
The Guyana government has officially reclaimed ownership of the Corentyne oil block, which was operated by the joint venture (JV) of Canadian companies CGX Energy…
Routledge: Efficient supply chains powering Guyana’s oil development success
Guyana and its oil partners have been incredibly effective in the development of the country’s offshore resources, with much of this success being attributed to…
VP Jagdeo: Despite delays, GtE project on track for completion
Guyana’s transformative Gas-to-Energy (GtE) project is encountering some delays due to ongoing arbitration processes and challenges with equipment delivery. The approximately $2 billion project aims…
Puran Brothers: From humble beginnings to major contractor in O&G sector
With just one tractor and trailer, Puran Brothers Limited has grown from humble beginnings since its founding in 1987 to become a significant player in…
Energy Conference showcases cutting-edge solutions to sector
The Machinery Corporation of Guyana Limited (MACORP) is positioning itself as a key partner in the country’s growing oil and gas industry after years of…
Dominican Republic, Guyana to decide on petroleum agreements soon
President of the Dominican Republic, Luis Abinader, has announced his country’s readiness to finalise petroleum exploration agreements with the Government of Guyana as part of…
US company planning major investment in O&G sector
A US-based company is planning a major investment in Guyana’s oil and gas sector, aiming to process 30,000 barrels of oil daily by the end…
MACORP capitalising on opportunities in energy, construction sectors
Among the newest exhibitors at this year’s Guyana Energy Conference and Supply Chain Expo are HMV Engineering and SoEnergy International, sister companies of the Machinery…
President Ali: Human capital, infrastructural development heart of Guyana’s transformation
Guyana is strengthening global partnerships and collaborations to drive national development, with a focus on creating world-class training and upskilling opportunities for both local and…
Partnerships key to maximising opportunities in O&G sector
Natural Resources Minister Vickram Bharrat has called on local businesses to form partnerships and consortiums to fully capitalise on opportunities in the growing oil and…
Payara surpasses 100 million barrels this week
ExxonMobil Guyana’s Payara field surpassed 100 million barrels of oil this week, the company announced on its Facebook page on Thursday. “This week, we celebrate…
ExxonMobil plans substantial gas field development at Longtail project
ExxonMobil Guyana is preparing to submit field development plans that will see the oil giant extracting at least 1 billion cubic feet of natural gas…
GCCI/MODEC prepare local companies for business opportunities
Japanese shipbuilder MODEC hosted a Vendor Forum on Thursday to help prepare local companies for business opportunities within its supply chain. The forum, held in…