Guyana’s leverage to be boosted with gas to shore – President Ali

(OilNow) A significant reduction in the cost of electricity is not the only benefit that will be accrued from the Guyana government’s multi-billion-dollar gas-to-shore project slated for Wales on the West Bank of Demerara. According to President Irfaan Ali, the project will provide the new oil producing country with leverage in spin off sectors thereby […]

President threatens to change local content policy to guarantee Guyanese opportunities

President Dr. Mohamed Irfaan Ali at the Saipem facility launch in Georgetown President Irfaan Ali on Saturday threatened to change  the local content policy if foreign companies continue coming to Guyana to offer services such as logistics, transportation similar services as those would be reserved for Guyanese. “It will not go down well. Don’t second […]

Guyana oil minister calls on investors to work with locals

Guyana’s Minister of Natural Resources, Vickram Bharrat (centre) in conversation with ExxonMobil Guyana President, Alistair Routledge (L), Minister of Home Affairs, Robeson Benn (R) and University of Guyana Vice Chancellor Prof. Paloma Mohamed, at the opening of the Saipem Offshore Construction Facility on June 5, 2021, in Georgetown. (Photo Courtesy OilNow) (OIlNow) To ensure all […]