SBM secures US$1.5 Billion to finance construction of Guyana’s FPSO Jaguar

SBM Offshore has successfully completed the project financing for Guyana’s FPSO (Floating Production Storage and Offloading) unit, Jaguar, raising a total of US$1.5 billion....

Businesses restamping expired goods should face severe penalties – VP Jagdeo

General Secretary of the People’s Progressive Party/ Civic (PPP/C) and Vice President of Guyana Dr Bharrat Jagdeo has issued a stern warning to retailers...

India sees Guyana as key to its energy security– Modi

India’s Prime Minister, Shri Narendra Modi, highlighted Guyana’s importance to India’s energy security during his address to the Twelfth Parliament of Guyana on Thursday. Prime...

Guyana open to future oil sale to India – Jagdeo

Vice President Dr Bharrat Jagdeo has clarified that while no direct agreement for crude oil sales to India is currently under discussion, Guyana remains...

Exxon walks away from Guyana’s oil blocks auction

Vice President, Dr. Bharrat Jagdeo announced on Thursday that ExxonMobil Guyana Limited has pulled out of discussions for a shallow water block it had...

Guyana, India sign MoUs to advance cooperation on oil and gas, health care, other...

The Governments of India and Guyana have signed five historic Memoranda of Understanding (MoUs), with a spotlight on the energy and hydrocarbons sector, alongside...

Local Content Regulators reviewing partnership agreements with “fine-tooth” comb

The Government of Guyana has made known, on several occasions, its intolerance for foreign companies that engage “rent-a-citizen” and “fronting” schemes to flout the...

Guyana hosts regional training on Fisheries Statistics and Data Analysis

A regional training workshop on fisheries statistics and data analysis is underway in Guyana, running from November 11 to 21. The initiative aims to...

Govt. unveils agritourism policy, roadmap in bid to strengthen non-oil industries

The Caribbean's first agritourism policy and roadmap was recently unveiled, marking a significant step towards diversifying Guyana’s economy and strengthening its non-oil sectors. The draft...

Govt. announces swine production programme for Karasabai

The government has announced plans to introduce a swine production programme in Karasabai, Region Nine, aimed at increasing disposable income and fostering economic growth...

Recent Updates