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Tag Archives: Guyana

Oil traders head to Guyana for face-to-face contract bidding

At least half a dozen traders from Houston, Geneva and London are set to alight on tropical Guyana this weekend to bid on some of the first oil cargoes produced by the tiny South American nation, Bloomberg reported. Guyana has no experience in trading oil — and it’s looking to learn the basics from its very first buyer. The government ...

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Anti-piracy tracking devices for fishing vessels -MARAD

The Maritime Administration Department’s (MARAD) Director of Maritime Safety, Captain John Flores has issued a warning to would-be pirates. He said the regulatory agency would be implementing an Automatic Identification System (AIS) to track vessels plying Guyana’s waterways. According to Flores, in the event of a piracy attack, a distress signal will be sent to any of MARAD’s maritime safety ...

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United States disassociates itself from political scientist’s dated, private comments on Guyana

The United States on Tuesday disassociated itself from dated, private comments by American Political Science Professor Robert Evan Ellis who has forecast a likely victory for the opposition People’s Progressive Party (PPP) at the next general elections. The diplomatic mission said Ellis’ comments “in no way reflect an official position” and he had written those “last April before his employment ...

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Guyana about to begin remapping for better land use, management

The Guyana government will shortly begin remapping the country for the first time in 50 years to give prospective and current land users a better idea of location, resources and features, officials said. Commissioner of the Guyana Lands and Survey Commission (GLSC), Trevor Benn says an US$18 million project was approved by the National Procurement and Tender Administration. Mr. Benn ...

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PPP “likely” to win next elections but tighter anti-corruption efforts needed – US expert

The United States (US) will have to ensure that the opposition People’s Progressive Party (PPP) sticks to its promises to keep a lid on corruption, with the likelihood of that party winning next year’s general elections, a senior advisor at the US State Department asserts in a recent assessment of the political and security situation. “At the same time, given ...

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Too much rum-drinking at regional festivals -Tourism Director-General

The Director-General of the Department of Tourism, Donald Sinclair on Thursday called for less rum-drinking and a greater focus on culture at festivals across Guyana’s ten administrative regions. He issued the call at a regional tourism forum at which regional tourism committee representatives presented their reviews for 2019 and were informed about plans for 2020. “Too many festivals are just ...

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Equal pay for drillship workers but unions must understand industry -new oil company

The recently established Unicon Guyana Inc. (UGI), which includes a well-established Ghanaian company, has promised that the workers it will hire, train and place aboard oil rigs will receive equal pay with their foreign counterparts, but trade unions must come to grips with the reality of working conditions aboard drillships. “Specifically, I want to say that once I’m Chairman, UGI ...

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Commonwealth says Guyana in unconstitutional rule; urges President to set “early election date” “without delay”

Commonwealth Secretary-General, Patricia Scotland on Monday indicated that Guyana has entered a period of unconstitutional rule and the only way to reverse that is for President David Granger to “immediately” name an elections date for Guyanese to go to the polls “without further delay”. “The rule of law and constitutional governance are fundamental Commonwealth values to which Guyana has subscribed,” ...

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