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Guyana’s Local Content Law phenomenal – says renowned oil expert

Chief Executive Officer at Ghana’s Petroleum Commission, Egbert Faibille Jnr., said that the developments on Guyana’s local content front are “phenomenal”. He made the comment on the sidelines of the International Energy Conference and Expo at the Marriott Hotel, Kingston on Thursday. “Your government and people will be in the lead towards ensuring that the […]

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PM outlines exciting transformation of Guyana’s energy sector

Prime Minister, Brigadier (Ret’d), the Honourable Mark Phillips, today outlined an exciting transformation in the energy sector of Guyana, which will reduce cost and enhance service. The senior government official, who gave opening remarks on day three of the ‘International Energy Conference and Expo Guyana 2022’ at the Marriott Hotel in Georgetown, pointed to a […]

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Diaspora must be force of unity in Guyana’s transformation’ – Foreign Secretary

The Guyanese diaspora stands to be a force of unity in Guyana’s transformation, Foreign Secretary of the Ministry of Foreign Affairs and International Cooperation, Robert Persaud has said. He was delivering an address to the International Energy Conference and Expo at the Marriott Hotel, Georgetown on Wednesday. The foreign secretary reminded that the diaspora possesses […]

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Gov’t lauded for creating investor-friendly environment

─ as oil and gas machining, repairs company opens The People’s Progressive Party/Civic (PPP/C) Government has received high commendation for fashioning an attractive environment for both local and international investors. Chief Executive Officer (CEO) of NTS Group, Paul McMillen thanked His Excellency, Dr. Mohamed Irfaan Ali and his government for creating such an enabling environment. […]

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Govt developing diaspora database to match skills with labour market

Foreign Secretary of the Ministry of the Foreign Affairs and International Cooperation, Robert Persaud, said the ministry is developing a diaspora database that will match the skills of Guyanese abroad to the needs of the job market locally. Persaud was speaking at the four-day International Energy Conference and Expo at the Marriott Hotel, Kingston, Georgetown […]

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Renowned Ghanian oil expert sees value in training Guyanese, not providing cash transfers

A Ghanian oil expert and industry veteran is advising Guyana not to go in the direction of cash transfers as some Guyanese are suggesting, arguing instead for training of the population to give them better access to wealth. “I don’t believe in subsidies and giving people cash. You have to work for it. I would […]

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Go invest signs Mou with Invest Barbados, Export Barbados

The Guyana Office for Investment (Go-Invest), Invest Barbados and Export Barbados on Tuesday signed a Memorandum of Understanding (MoU) aimed at boosting and promoting investment opportunities and interrelated business approaches between the two countries. The signing took place on the sideline of the International Energy Conference and Expo 2022, ongoing at the Marriott hotel, Georgetown. CEO […]

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EU commits funding to aid Guyana’s fight against climate change

European Union (EU) Ambassador to Guyana, Fernando Ponz Cantó, said the EU is committed to assisting Guyana in the fight against climate change. Ambassador Cantó said the EU recognises that Guyana is threatened by the rising sea levels, and has over the years, invested to enhance the country’s sea and river defence capacity. This commitment […]

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$7B investment could bring 500 jobs to Enmore, other communities

President, Dr. Mohamed Irfaan Ali has hailed the $7 billion (US $35 million) investment by GUYSONS and K+B Investments Inc. (GK+B) at Enmore village, East Coast Demerara, which will create over 500 jobs for villagers and communities along the east coast corridor. The company will be establishing oil field manufacturing facilities at the former Enmore […]

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