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ExxonMobil Guyana today commissioned a multi-million-dollar capping stack as part of its oil spill response plan. The capping stack, which is an equipment that is placed over an oil wellhead in the event of a spill, was designed and built by Trendsetter Engineering. It is, however, owned by Oil Spill Response Limited (OSRL) – an […]
Governor of the Bank of Guyana, Dr. Gobind Ganga, has reported that there is no shortage of foreign currency at commercial banks. A number of business owners have been complaining in the past few days that they have been facing difficulties in making overseas payments through their banks because of a reported shortage of foreign […]
The Government of Guyana along with private sector agencies will be heading to New York on the 27th July to host a job fair, to highlight various employment opportunities in Guyana, with a focus on the oil and gas sector. The event will be targeting skilled Guyanese who are living in the New York area […]
By Rennie Parris Let’s get down to Talking Dollars & Making Sense. Today, we’re diving into the exciting world of entrepreneurship, exploring what it means to be an entrepreneur, the challenges of being an entrepreneur and what it takes to succeed. We’ll also take a closer look at some local businesses that illustrate the diverse […]
With new projects to come on stream soon, Guyana will continue to see greater earnings from the oil and gas sector. At the current production level, over US$1.5 Billion is being generated every month. During an appearance on the Energy Perspectives podcast, the Vice President and Business Service Manager of ExxonMobil Guyana, Phillip Rietema, noted […]
The World Bank Group has announced the appointment of its first Resident Representative in Guyana. The appointment of senior World Bank Official, Diletta Doretti to the position took effect on the 1st July. In a statement, the bank said the appointment of a Resident Representative seeks to unify country-level leadership across the institution to better […]
Canadian-based oil and gas exploration company – CGX – has informed the Government of a potential commercial interest for the Wei-1 Well in the Corentyne Block, but Vice President Bharrat Jagdeo has made it clear, that the Government will not be played by CGX. In what could be described as a last-minute ditch, CGX and […]
The Government will be moving to finalize its oil deal with the Total Energies Consortium, which includes Qatar Energy and Petronas, but may have to scrap its offer to some of the other winners of the country’s lucrative offshore blocks, if they are unable to meet the criteria set out in the new Production Sharing […]
The Caribbean Court of Justice (CCJ) has dismissed an appeal by political commentator, Ramon Gaskin, who wanted the Court to have Hess Guyana Exploration Ltd (Hess) and China National Offshore Oil Cooperation Guyana (CNOOC) obtain separate environmental permits for their involvement in the local oil sector. An Environmental Permit was granted to Esso Exploration Limited, and […]
The Government Analyst-Food and Drug Department (GA-FDD) has issued an urgent consumer alert about fake batches of OZEMPIC that may possibly be on the local market. In a statement, the Department said its alert is based on information provided by the World Health Organization (WHO), regarding three falsified batches of OZEMPIC (semaglutide). Ozempic is a […]
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