Tag: Guyana

• Monday, January 31st 2022 - 09:51 UTC

  Brazil wants to team Guyana and Suriname oil and gas in a regional energy corridor

  

  Brazil is betting strongly to become the main player in the development of oil and gas production in its northeast corner, where the state of Amapá shares proximity with French Guiana, Suriname, and Guyana, these two of which are set to become significant players in the hydrocarbons business.

• Wednesday, January 12th 2022 - 09:25 UTC

  Guyana's rice exports back on track thanks to Gov't help

  

  Guyana's exports for the year 2021 of approximately 434,535 tons of rice, paddy, and its by-products meant US $ 201 million in revenues, according to Agriculture Minister Zulfikar Mustapha, after new export markets such as the British Virgin Islands (BVI) as well as Estonia and Slovenia were added to the list of buyers.

• Friday, September 17th 2021 - 15:53 UTC

  Guyana physicians warned against unethical advise regarding COVID-19 vaccines

  

  Guyana's Medical Council has warned that doctors who denigrate the COVID-19 vaccination drive are “unprofessional and dangerous” in addition to being “constitutionally unethical.”

• Monday, February 8th 2021 - 09:49 UTC

  Under pressure from Beijing, Guyana cancels contacts with Taiwan for a trade office

  

  Guyana has retreated from an agreement with Taiwan for the island to establish an investment office in the former British colony in South America. Beijing described Guyana's decision as “a mistake that must be corrected”, and it was.

• Friday, January 29th 2021 - 08:42 UTC

  Hess Exploration investing heavily in its Guyana oil offshore operations

  

  The Hess Exploration company is betting strongly in the opportunities of its Guyana operations. With a 30% interest in the Stabroek Block, it has allotted more than 80% of its capital and exploratory budget of US$1.9 billion for 2021 to its offshore blocks.

• Tuesday, January 12th 2021 - 09:26 UTC

  US openly supports Guyana: joint coast guard exercise and visit of top Navy commander

  

  The United States is doubling its support for Guyana in the territorial dispute with Venezuela, another flank in Washington's campaign to force Venezuelan President Nicolas Maduro out of power.

• Monday, December 7th 2020 - 09:04 UTC

  ExxonMobil will concentrate its growth ambitions in Brazil and Guyana

  

  ExxonMobil expects Brazil and Guyana will be key drivers for the company’s growth ambitions in the future, as the US super-major looks to concentrate the bulk of exploration and production development activities in the two South American nations, apparently leaving aside the shale deposits in Argentina.

• Wednesday, October 28th 2020 - 09:06 UTC

  Guyana extends Noble Corporation drillship rig contract 6,5 years to August 2030

  

  Noble Corporation plc's ultra-deepwater drillship Noble Tom Madden has received about 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work offshore Guyana.

• Wednesday, October 7th 2020 - 09:02 UTC

  Brazil purchases some 225,000 tons of rice from US, India and Guyana

  

  Brazil has negotiated the purchase of 225,000 tons of rice from the United States, India, and Guyana, which are expected in the country during the second half of October and November.

• Monday, October 5th 2020 - 09:58 UTC

  Guyana's big profits dreams crushed by the pandemic and the “resource curse”

  

  By Amy Myers Jaffe (*) – This year was supposed to bring great things for Guyana. ExxonMobil discovered massive oil deposits off the South American country’s Caribbean coast in 2015, and Guyana sold its first cargo of crude oil this February. As production ramps up, its first stage offshore wells were projected to produce 750,000 barrels a day by 2025, tripling the size of Guyana's economy, from US$ 3,4 billion to US$ 13 Billion.