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This month, makes eight years since Guyana is without an updated legislative and regulatory framework that is essential for the protection of the oil industry against mismanagement and corruption. One of the key regulatory architectures that remains in limbo is the Petroleum Commission Bill that would pave the way for the appointment of an independent regulator.
Guyana: Major Partners within the Industrial Sector sought collaboration with the Labour Ministry for the delivery of Technical Training.
The Trinidad and Tobago Coalition of Services Industries (TTCSI) has distanced itself from seemingly threatening comments made by one of its directors Jaishima Leladharsingh at the just concluded Guyana Basins Summit in Kingston, Georgetown.Speaking
Countries across the world are seeking replacements for Russian oil, in light of that country’s ongoing invasion of Ukraine and according to analyst John Laurent- Tronche, Guyana’s oil offers a good replacement.Laurent- Tronche, an analyst with S&
By Reuters Staff (Adds details, context) March 17 (Reuters) - Guyana’s President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd). Ali told the Guyana Basins Summit that he expected an additional 10 exploration and appraisal wells to be drilled off the South American country’s shores this year. He said the second phase of the Liza project, operated by Exxon Mobil Corp , would commence in 2022. The consortium led by Exxon, which includes partners Hess Corp and CNOO...