Final Local Content Report submitted to Natural Resources Minister

Understanding the critical nature of the review of policy initiatives on local content in the petroleum sector, the Local Content Panel has submitted the final report for the development of Guyana’s Local Content Policy and Legislation. The report was presented to the Minister of Natural Resources Hon. Vickram Bharrat today by Chair of the Local […]
With the 3rd largest oil reserves in the world – Canada stands ready to help new producer Guyana build capacity – High Commissioner

(OilNow) Guyana is being encouraged to harness the decades of experience in the petroleum industry that Canada has to offer, as the South American country moves to develop its vast hydrocarbon resources. This advice came from Canada’s High Commissioner to Guyana, Lilian Chatterjee, speaking at the first Caribbean Virtual Oil and Gas Summit (CARIVS). Addressing hundreds […]
ExxonMobil among big players set to participate in virtual O&G conference

(OilNow) A high-powered lineup including oil and gas industry leaders, and officials from the Guyana and Barbados Governments will participate in the inaugural Caribbean Virtual Oil and Gas Summit (CARIVS) set for September 15-17, 2020. Guyana’s Minister of Natural Resources, Honourable Vickram Bharrat, Prime Minister of Barbados, Honourable Mia Mottley, President of ExxonMobil Guyana, Alistair […]
Caribbean Council panel discussion to focus on Guyana’s oil future

(OilNow) As Guyana continues to come to terms with its new economic prospects, two young Guyanese professionals will be part of a virtual oil and gas panel discussion hosted by The Caribbean Council on Tuesday September 8, 2020, entitled ‘What does the future hold for Guyana and its New Administration?’ Slated for 3.30 pm BST […]
Caribbean’s first virtual Oil and Gas summit planned for September

(OilNow) Valiant Business Media (UK) and Valiant Business Media (Guyana) will host the Caribbean’s first virtual oil and gas summit from September 15-17, 2020 in response to fast-growing interest in in the Region’s energy sector among prospective investors and other stakeholders. The first-ever ‘Caribbean Virtual Oil and Gas Summit (CARIVS) 2020’ will bring together an […]
Payara review to be completed before August month-end – Vice President

(OilNow) A review of the Payara Development Project that is being undertaken by the new administration in Guyana is expected to be completed before the end of the month after which a decision on its approval is expected to be made. After taking up office just over a week ago, the Government had taken a […]
‘Every cent of oil money must be accounted for’ – Guyana President reaffirms at inauguration

(OilNow) President of Guyana Dr Mohamed Irfaan Ali says his government will ensure transparency and accountability in the oil and gas sector, citing the phenomenal growth projections of the International Financial Institutions for the South American country this year. Dr. Ali was speaking on Saturday at his inauguration ceremony in Georgetown, six days after he […]
Transfer of Guyana’s first 1 million barrel lift from FPSO Liza Destiny to oil tanker Cap Philippe

Director, Department of Energy, Dr. Mark Bynoe, this morning, travelled to the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel to witness the transfer of Guyana’s first million barrels lift onto the oil tanker Cap Philippe, which was chartered by Shell Western Supply and Trading Limited. Dr. Bynoe said this is a significant moment […]
Stakeholder engagement Vreed-en-Hoop

Director, Department of Energy, Dr. Mark Bynoe, this evening, encouraged parishioners and others assembled at the Vreed-en-Hoop Wesleyan Church to ensure that they are informed of the most accurate information about the local petroleum sector so that they can prepare, plan and pursue education and certification in order to benefit. “Education can liberalise a nation,” […]
Department of Energy/ Child Link Inc. Covid 19, Community Response
The Department of Energy, in honoring its civic responsibility collaborated with ChildLink Inc. to provide critical support for vulnerable children and their families, in response to the COVID19, pandemic. The Non- Governmental organization a partner of the Ministry of Social Protection, operates Child Advocacy Centers in Regions 3,4,5,and 6. According to reports the Centers receive […]