Guyana among high-growth offshore markets as global subsea demand climbs -Westwood

Guyana has been identified as one of the emerging hotspots for offshore oilfield equipment, as global demand for subsea trees continues to rise, according to new insights from energy research firm Westwood Global Energy Group.In a recent update, the company said, “Subsea tree demand is building steadily, with a strong pipeline shaping the years ahead,” […]

5,000 homes targeted as GEA rolls out grid solar push, promising major cuts to electricity bills

Head of the Guyana Energy Agency, Mahendra Sharma, says the government’s newly launched grid-connected solar household initiative could significantly reduce monthly electricity costs for consumers, while creating a new class of energy producers across the country.Speaking on the Starting Point podcast hosted by Kiana Wilburg, Sharma detailed how the Low Carbon Development Strategy (LCDS) Grid […]

Contact Lost with Air Services Cessna in Mahdia; Search Efforts Underway

Authorities have lost contact with an Air Services Cessna aircraft, registration 8R-YAC, in Mahdia, Region Eight, the Guyana Civil Aviation Authority (GCAA) has confirmed.Director General Egbert Field disclosed that the aircraft, which was being piloted by a foreign national attached to the airline, made its last communication earlier today. It remains unclear at this time […]

G Mining moves to acquire G2 goldfields, creating major gold hub at Oko with over 500,000 ounces yearly output

Canadian mining company G Mining Ventures Corp. is moving to significantly expand its footprint in Guyana’s gold sector, announcing a major deal to acquire G2 Goldfields Inc. and combine their neighbouring projects into what is being described as a large-scale, low-cost mining hub.The agreement will see the consolidation of the Oko West and Oko-Ghanie projects […]

Housing demand surges — Gov’t moves to access NICIL lands

Government is intensifying efforts to secure additional lands for housing, with Ministers Collin Croal and Vanessa Benn engaging the National Industrial and Commercial Investments Limited (NICIL) on the transfer of state lands to support ongoing programmes.The meeting, held on Wednesday at the Ministry’s boardroom and led by NICIL Chairman Radha Krishna Sharma, focused on making […]