October 25, 2024 The government of Guyana has issued a stern reminder to companies within the petroleum sector to comply fully with the Local Content Act, emphasizing that substandard services and breaches will not be tolerated. Minister of Natural Resources, Vickram Bharrat, made these comments during the opening of a Local Content Forum hosted by […]
October 14, 2024 Guyana’s next major oil development, the Yellowtail project, is progressing as planned, with production set to begin in the second quarter of 2025. This $10 billion project will develop the Redtail and Tilapia reservoirs, marking Guyana’s fourth offshore oil venture. ExxonMobil Guyana President, Alistair Routledge, confirmed that the Floating Production Storage and […]
By Josiah WilliamsOctober 9, 2024 Georgetown, Guyana — The pipeline for the highly anticipated Gas-To-Energy (GTE) project is now mechanically complete, marking a significant milestone. The announcement came from ExxonMobil Guyana’s President, Alistair Routledge, who provided an update on the project at a media conference earlier today. Routledge highlighted that the risers for the pipeline […]
By Delicia Janneire | October 4, 2024 Residents of Samville, located on the Soesdyke-Linden Highway, are set to receive electricity for the first time in over 15 years, benefiting approximately 500 households in the community. During a recent visit, Nigel Chetram, the GPL Network Manager for the Demerara Zone, confirmed that the electrical network has […]
By Nakasia Logan On Thursday, September 27, 2024, the sod was officially turned for a state-of-the-art solar farm in Onderneeming, Region Two, marking a significant advancement in Guyana’s renewable energy landscape. The new facility, featuring a five-megawatt solar power system, is part of the government’s initiative to provide a diverse energy mix and reliable electricity […]
By Saskia WarrickSeptember 27, 2024 The government has taken steps to initiate arbitration with the contractor of the Gas to Energy project due to significant delays in its progress. This development was announced by Vice President and General Secretary of the PPP/C, Dr. Bharrat Jagdeo, during a recent press conference. Originally, the first gas from […]
By Josiah Williams | September 25, 2024 President Dr. Irfaan Ali has clarified that Guyana’s oil production is essential for funding the nation’s development while simultaneously supporting climate change mitigation efforts. This statement was made during an interview with the New York Climate Forward at the United Nations General Assembly in New York. The President […]
The Gas-to-Energy Project is facing delays but is now expected to be completed in the latter half of 2025. Winston Brassington, the Project Lead, reported that while the initial timeline aimed for completion by the end of this year, unexpected delays in civil works, including site preparation and soil stabilization, have pushed back the deadline. […]
The Government of Guyana is intensifying its commitment to strengthening the capacity of its agencies, particularly in the oil and gas sector. This initiative follows the release of the 2024 mid-year report by the Ministry of Finance, which highlighted the extensive training programs undertaken by key government agencies. These training sessions focused on essential areas […]
As Guyana undergoes a major digital transformation, retaining local talent is essential to drive this growth, says CEO of V75 Inc., Eldon Marks. Speaking on the latest episode of Energy Perspectives, a weekly podcast leading up to the Guyana Energy Conference and Supply Chain Expo, Marks emphasized the importance of nurturing local tech talent to […]