ExxonMobil completes US$1.2 billion purchase of FPSO Prosperity; SBM will manage vessel until 2033
SBM Offshore disclosed today that it completed the sale of the Prosperity FPSO to ExxonMobil Guyana Ltd. This was done ahead of the maximum...
Parika Market is 85 per cent completed
The Parika Market on the East Bank of Essequibo, Region Three is nearing completion, with approximately 85 per cent of the construction now finished.
External...
ANSA McAL buys BLEACHTECH in record US$327M deal
ANSA McAL Limited, the Caribbean’s leading conglomerate, has made its largest acquisition to date, purchasing U.S.-based chlor-alkali producer BLEACHTECH L.L.C. for US$327 million through...
Gov’t, private sector collaborating to strengthen anti-corruption framework
A collaborative effort between the government and the private sector is underway to address corruption.
On Tuesday, an anti-corruption workshop was held with representatives of...
$75.2M expended on road upgrades in North East La Penitence
(Department of Public Information) - A total of $75.2 million has been expended to upgrade roads in North East La Penitence, Georgetown, to improve...
“Dissatisfied” President Ali urges foreign contractor to speed up work on Ogle Maternal and...
The contractors working on the modern Maternal and Paediatric hospital at Ogle, East Coast Demerara have been urged to expedite works on the project...
Enmore Regional Hospital could create employment for over 1,000 persons
– scheduled for completion early next year
The state-of-the-art regional hospital at Enmore along the East Coast Demerara can create employment for almost 1,000 persons when...
Almost 100,000 kg of brackish water shrimp produced between January to September – Agri....
The Brackish Water Shrimp Project along Guyana’s Corentyne Coast has achieved significant milestones, producing 98,159 kilograms of shrimp between January and September 2024, according...
Over 50k workers needed to support key sectors, can we keep up?
By Kiana Wilburg
Guyanese legislators, and even grassroot folks have accepted that the current pace of our oil-driven growth has placed significant strain on our...
ExxonMobil smiles all the way to the bank with US$8.6B in profits for 3rd...
ExxonMobil Corporation on Friday announced robust third-quarter earnings totalling US$8.6 billion, or US$1.92 per diluted share, for 2024, underpinned by contributions from its operations...
