Italian energy services group Saipem said on Tuesday it had won two offshore contracts in Australia and Guyana for a total amount of $1.1 billion. Saipem received the second contract from ExxonMobil subsidiary Esso Exploration and Production Guyana (EEPGL) for the Yellowtail development project, located in the Stabroek block, offshore …
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Latest News
Natural Resources minister, Vickram Barrat, has said his country will model the exploration of their newly found fossil resource by the oil sector management strategies of Ghana. According to him, Guyana is taking Ghana as a model because Ghana is managing its oil resources very efficient which is bringing many …
The death of Ron Loncke, 26, of Circuitville, Timehri, East Bank Demerara, whose decayed body was discovered on his bed, is being investigated by police. The man’s companion was going through the neighbourhood when he noticed the door open, according to the police. He came to a halt to check …
Nicholas and Sasha Low-a-Chee, a married couple, were discovered dead in their Sarah Johanna, East Bank Demerara home on Tuesday morning. Investigators from the police department have arrived on the spot. The pair may have been deceased for more than 24 hours and had several gunshot wounds. Police Commander of …
The Guyanese government’s announcement that it is contracting with China Railway Group to build and fund the Amaila Falls hydroelectric project, and possibly take out as much as $1.5 billion in loans for China-built infrastructure, symbolizes the renewed takeoff of Chinese projects and PRC influence in Guyana. An earlier version of the Amaila Falls …
In a World Bank report titled “An Uneven Recovery: the Impact of COVID-19 on Latin America and the Caribbean” released on 30th November 2021, Guyana ranked extremely low in comparison to poorer Latin American countries as it relates to children receiving proper education throughout the pandemic. Results from a World …
According to Southold Town Police in New York, on Dec. 3 at 11:32 a.m., an Uber driver, 61, called police about a man, 54, who had requested a ride east. The driver ended the ride at the Gulf gas station on Route 25 in Laurel due to lack of payment, …
Guyana has emerged as the hottest offshore drilling location on the continent over the last six years. The swathe of oil discoveries made by ExxonMobil and its partners, Hess and CNOOC, in the offshore Stabroek Block, since 2015, recently saw the energy supermajor upgrade its resources estimate for the block from …
Speaking to the media from his house in Antigua on Monday, PNB fraud case accused Mehul Choksi warned of an attempt to kidnap him to Guyana on this occasion. Asserting that his health has deteriorated a lot in the last 4 years, the fugitive said that he is yet to recover …
In addition to the spiraling out-of-control crime rate in Guyana, criminals are now taking advantage of the People’s Progressive Party government’s “don’t ask, won’t tell” stance on the illegal drug trade. On Thursday, the Customs department of the Netherlands found a consignment of cocaine weighing 530 kilos in a sea …