Georgetown Chamber of Commerce & Industry

gcci, guyana, oil and gas| September 10, 2019| Post by: Georgetown Chamber of Commerce

Liza Destiny hailed as precursor of ‘unimaginable development’

(GUYANA CHRONICLE) – THE Liza Destiny, Guyana’s first Floating, Production, Storage and Offloading (FPSO) vessel, will pave the way for unimaginable development for Guyana, and the journey towards her arrival in Guyana was celebrated at a commemorative reception at the Marriott Hotel on Monday. The event was hosted by ExxonMobil and the Stabroek Block Co-ventures, […]

business, cdc, gcci, guyana, oil and gas, south america| September 10, 2019| Post by: Georgetown Chamber of Commerce

CDC expanding emergency command centre, staffing as part of contingency planning for oil production

(STABROEK NEWS) – As it continues to prepare contingency plans for the start of oil production offshore Guyana, the Civil Defence Commission (CDC) is expanding its main disaster relief command centre while seeking to ensure it has the needed additional staff. The CDC’s Emergency Command Centre (ECC) at Thomas Lands is currently being expanded at […]

September 10, 2019| Post by: Georgetown Chamber of Commerce

World Bank appoints new representative for Guyana

(GUYANA CHRONICLE) – THE World Bank has appointed German national, Ozan Sevimli, as its new Resident Representative for Guyana and Jamaica. The announcement, made on Monday, stated that Sevimli will be stationed in Kingston, Jamaica, and will focus on leading the World Bank policy dialogue and managing the country programs and teams to support development. […]

gcci, oil and gas| September 9, 2019| Post by: Georgetown Chamber of Commerce

OPEC+ deal can last ‘until death do us part,’ Saudi energy minister says

(CNBC) OPEC’s deal to curb oil production with non-OPEC allies, including Russia, can last the test of time, Saudi Arabia’s new energy minister said Monday. “Now we have a bigger family, which is OPEC plus,” Prince Abdulaziz bin Salman, Saudi’s new energy minister, told an audience of delegates at the 24th World Energy Congress in […]

September 9, 2019| Post by: Georgetown Chamber of Commerce

Importers should not use the name of the GNBS to promote products – GNBS

(GUYANA TIMES) – The Guyana National Bureau of Standards (GNBS) on Sunday said as the Christmas season approaches, importers are stocking up but in doing so, it has warned businesses to refrain from using its name to advertise their goods. The Bureau released listing tips for this season, and also indicated that importers must desist […]

agriculture, agro-processing, gcci, guyana, india| September 9, 2019| Post by: Georgetown Chamber of Commerce

Local agro-processers can benefit from India/Guyana relations – New India High Commissioner

(KAIETEUR NEWS) – Guyana can benefit from India‘s expertise in the area of agro—processing, says newly accredited High Commissioner of India to Guyana, Dr. K.J Srinivasa. Newly accredited High Commissioner of India to Guyana, Dr. K.J Srinivasa The High Commissioner told Kaieteur News in a recent interview, that local agro – processors are among those […]

energy, gcci, gpl, guyana, south america| September 9, 2019| Post by: Georgetown Chamber of Commerce

Govt moves to amend GPL licence

(GUYANA CHRONICLE) – WITH the Guyana Power and Light Inc (GPL) seeking partnerships to remedy its shortfalls in power generation, the government through the Ministry of Public Infrastructure, is moving to amend a section of GPL’s licence to allow the purchasing of power from external sources. In local newspapers on Sunday, a notice signed by […]

exxon, gcci, guyana, oil and gas, south america| September 9, 2019| Post by: Georgetown Chamber of Commerce

UK firm wins contract to audit Exxon’s US$960M pre-contract costs

(KAIETEUR NEWS) – IHS Markit Limited, a London-based firm, has been recruited by the Energy Department to audit billions of dollars ExxonMobil and its partners said, they invested in the Stabroek Block and will move to recover starting next year. ExxonMobil says it has racked up approximately US$960M in exploration costs. It will also try to […]

September 9, 2019| Post by: Georgetown Chamber of Commerce

GRA will level playing field for local suppliers in oil sector – Statia

(KAIETEUR NEWS) – Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia, says he is a proponent for local companies being given a fair opportunity to compete alongside foreign enterprises for contracts to supply goods to the oil sector. The Commissioner General revealed that locals will be given tax breaks on those supplies being […]

business, gcci, guyana, local content, oil and gas, policy, south america| September 8, 2019| Post by: Georgetown Chamber of Commerce

Draft policy lacking provisions to ensure effectiveness of companies’ local content plans

(KAIETEUR NEWS) – The third and current draft of the Department of Energy’s local content policy leaves much to be desired. So far, Kaieteur News has uncovered a series of issues in the policy which essentially favour the international oil companies it is primarily geared at, instead of the Guyanese people it should benefit. This […]

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