Category: Articles

Globally gas prices are an increasing burden to the motoring public however, in Guyana consumers will be seeing a further reduction in the prices at the pump in the near future. The Guyana government through the Ministry of Finance has effectively reduced the cost of gasoline and diesel from the Guyana Oil Company Limited (GUYOIL)… Read more

Prime Minister, Brigadier (Ret’d), the Honourable Mark Phillips, said the Government intends to continuously bolster investments in human capital to build local content capacity and foster a sustainable future for all Guyanese. He made the remarks while attending the official launch of the US$20m 3T EnerMech Guyana Training Centre of Excellence and graduation ceremony at… Read more

APA Corporation Announces First Discovery in Block 53 Offshore SurinameAPA Corporation has announced an oil discovery offshore Suriname at Baja-1 in Block 53. The company also provided an update on recent drilling operations at Dikkop-1 in Block 58. Block 53 Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34 meters… Read more

Subsea 7 and Van Oord have announced the award of a substantial contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, in water depths of up to 1,450 metres. Although a contract value has not been announced, Subsea 7 has indicated that the contract is… Read more