Author: Gec
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From an artificial island to business expansion, opportunities abound for Guyana’s private sector
Guyana’s booming economy presents many opportunities for the local private sector to join hands and capitalise on the opportunities available. Director of the Vreed-en-Hoop Shore Base Inc. (VEHSI) Nicholas Deygoo-Boyer is one person who is sure of this. The VESHI project he is involved in is one of the largest and most impressive private sector… Read more
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Guyana positioning itself as a global leader
As Guyana attracts much attention for its natural resources including oil and gas, the country is leveraging that attention to position itself as a global policy and development leader. In this episode of the Guyana Energy Perspectives Podcast, the country’s Foreign Secretary, Robert Persaud explains how Guyana is positioning itself as a global leader and… Read more
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Guyana’s focus on leveraging its natural resources for its development
Guyana has the world’s attention for its exciting oil and gas sector but for years, the country has been providing the world key forest services that help to slow the climate crisis. The Guyana Energy Perspectives Podcast is back and in this episode, we talk to Guyana’s Minster of Natural Resources, Vickram Bharrat. He’s the… Read more
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Improving Guyanese lives one housing project at a time
The landscape of Guyana is being transformed substantially and part of that transformation is the development of new housing schemes all across the country. According to Guyana’s Minister within the Ministry of Housing and Water, Susan Rodrigues, this is being done because of the government’s ambitious goal of delivering 50,000 house lots between 2020 and… Read more
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Better services for people as Guyana builds world-class health sector
Guyana is pumping money into developing its healthcare sector because it wants to guarantee that persons across the country no longer have to travel long distances or wait very long to get medical care. As a guest on the Energy Perspectives Podcast, the country’s Minister of Health Dr. Frank Anthony talks about the government’s plan… Read more
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Guyana’s Macroeconomic Policy Sound
Many have been vocal about the pitfalls Guyana can succumb to as it develops its nascent oil and gas sector and the wider economy. As such, there has been no shortage of suggestions and advice for the small nation at the northern edge of the South American continent. Guyanese Financial Analyst Joel Bhagwandin is among… Read more
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Guyana’s Macroeconomic Policy Sound
Many have been vocal about the pitfalls Guyana can succumb to as it develops its nascent oil and gas sector and the wider economy. As such, there has been no shortage of suggestions and advice for the small nation at the northern edge of the South American continent. Guyanese Financial Analyst Joel Bhagwandin is among… Read more
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CGX and Frontera set to spud Wei-1 and construction begins at deepwater port in Berbice
Canadian based CGX Energy along with Frontera Energy Corporation have indicated their readiness to spud (begin drilling) the Wei-1 well in the Corentyne block offshore Guyana. The partners have issued a press release stating their commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well. The… Read more
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Guyana GDP growth rate to be highest in the world
According to estimates by the WorldBank and International Monetary Fund( IMF), Guyana, one of Latin America’s smallest countries is set to post the world’s highest GDP growth. For several years, since the production of crude oil begun through Exxon’s Liza development, the country has outpaced global growth averages. It is projected that at the end… Read more
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Guyana Shore Base inks 11-year extension contract with ExxonMobil Guyana
Monday 19, july 2022 Guyana Shore Base Inc. (GYSBI), a pioneering Guyanese company in the local oil and gas sector has announced that it has inked an 11-year extension contract with Esso Exploration and Production Guyana Limited (EEPGL), an ExxonMobil affiliate for the provision of shore base management and operations services. According to a release… Read more