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Daily Archives: February 21, 2018

Tullow/Eco (Atlantic) spot signs of more oil offshore Guyana

OFFSHORE OIL AND GAS MAGAZINE,-TORONTO – Tullow Oil and Eco (Atlantic) Oil & Gas have identified various leads on their Orinduik block offshore Guyana that could contain more than 1 Bboe. The leads are drawn from studies of several thousand kilometers of 2D data, regional well logs and seismic correlations to ExxonMobil’s nearby Stabroek block wells. Some of the leads appear to be equivalent ...

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Govt parliamentarian not interfering in birth registration process, says Felix

Minister of Citizenship, Winston Felix Wednesday afternoon refuted all claims that government parliamentarian, Richard Allen was interfering in the birth certificate registration process in Region One (Barima-Waini). Felix also legitimised Allen’s involvement in the outreach activity last week, which was conducted by the General Registrar’s Office (GRO) in Barima-Waini (Region One) to provide registration services for residents there. Minister Felix was ...

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Reserves up 12% in new Guyana Goldfields mine plan

RESOURCE WORLD:Guyana Goldfields Inc. has released the results of an optimized life-of-mine plan for its 100%-owned Aurora gold mine in Guyana, South America. Guyana Goldfields is a Canadian mid-tier gold producer, primarily focused on the exploration and development of gold deposits in the Guiana Shield of South America. The Guiana Shield is the northern part of the Amazon Craton and ...

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Electrical contractor shot, robbed shortly after leaving bank

An electrical contractor of Enmore/Hope, East Coast Demerara, who was robbed and shot about 1 O’clock Wednesday afternoon at Foulis, East Coast Demerara, was hospitalised in a stable condition at a private medical institution in Georgetown. Well-placed sources said 38-year old Terry Chand was robbed of GY$600,000 An investigation has revealed that contractor had earlier cashed a cheque for a ...

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Guyana pushes ahead with single clearance system for exports, imports

Guyana is considering the Trinidad and Tobago model of the Electronic Single Window (ESW) to fast-track the processing of imports and exports instead of waiting days, under a project being facilitated by the Inter-American Development Bank (IDB). With financing from South Korea, the hemispheric bank on Wednesday brought together stakeholders from the Ministry of Foreign Affairs, Guyana Police Force, Guyana ...

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Govt to borrow GY$15 billion to fund operations of Skeldon, Enmore estates

Finance Minister Winston Jordan on Wednesday said the Guyana government is about to borrow GY$10-15 billion to fund the operations of the Skeldon and Enmore sugar estates, even as he defended the decision to separate the estates’ operations from the Guyana Sugar Corporation (Guysuco). The loans are expected to be acquired before mid-March, he said, adding that government hopes that ...

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