MODEC awarded contract for ExxonMobil’s Hammerhead FPSO

MODEC, Inc. has announced that it has been awarded the full Engineering, Procurement, Construction, and Installation (EPCI) scope to develop a Floating Production Storage and Offloading (FPSO) vessel for ExxonMobil Guyana’s Hammerhead Project, following a Final Investment Decision (FID). In April 2025, MODEC received a Limited Notice to Proceed (LNTP), which allowed it to begin […]

President Ali unveils banking reforms to strengthen financial system

Speaking with the heads of commercial banks and regulatory agencies on Tuesday, President Irfaan Ali announced a new set of measures aimed at tightening Guyana’s financial system, with particular focus on foreign currency management, invoicing practices, and credit card transactions. The President highlighted worrying trends in credit card usage, pointing to figures that he described […]

Guyana Leads Region with Highest Female Judiciary Ratio — New Law School Poised to Strengthen Legacy

Guyana is carving out a powerful niche in gender equity, with its latest human rights report to the UN spotlighting a remarkable milestone: women now make up 70 percent of the judiciary, the highest representation in the Western Hemisphere. At the very top, both the Chancellor of the Judiciary and the Chief Justice are women—positions […]

Minister of Tourism Hails Private Sector As Backbone of GuyExpo 2025

At the official launch of GuyExpo 2025, Minister of Tourism, Industry and Commerce underscored a central truth: without the commitment and investment of the private sector, the country’s largest trade and investment showcase would simply not be possible. Speaking to an audience of corporate leaders, diplomats, and business owners, the Minister highlighted that while government […]