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New state-owned power company will reduce operational cost, increase efficiency

The board of directors of state-owned Power Producers and Distributors Inc. (PPDI) was Tuesday installed with the promise of reducing overall operational costs and continuing to enhance  efficiency. Public Infrastructure Minister, David Patterson said the coming into being of the PPDI would see the retention of the Guyanese team and a reduction in the “exorbitant” maintenance agreement that was proposed ...

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GreenHeartTree Energy enters Guyana’s renewable energy market…installs solar system at Paramakatoi

Green Heart Tree Energy (GHTE) entered the renewable energy market in Guyana earlier on March 3, 2017 when it commissioned a 10 kilowatt system to power the Paramakatoi Flavours Sun Dried Tomato Processing Plant, the company said in a statement. “The Paramakatoi project is the beginning of GHTE’s commitment to long term investment in the Guyana economy that will see ...

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CLICO must pay first before doing any more business in Guyana—Jagdeo

by Gary Eleazar Colonial Life Insurance Company (CLICO) must first pay off its debts to depositors in Guyana before being allowed to conduct business here again. This is the firm position of Former President, Bharrat Jagdeo, now opposition leader who today (April 3, 2017) weighed in on reports that CLICO was looking to re-open its doors in Guyana after being ...

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Analyst estimates Snoek oil discovery; predicts increased daily production

(OFFSHORE/ www.offshore-mag.com ) EDINBURGH, UK – Wood Mackenzie has detailed its thoughts on Snoek, ExxonMobil’s third oil discovery on Guyana’s deepwater Stabroek block. The Snoek-1 well was drilled to a depth of 5,175 m (16,978 ft) in 1,563 m (5,128 ft) of water. It encountered 25 m (82 ft) of oil-bearing sandstones of Maastrichtian-Aptian age, similar to the Liza-1 discovery ...

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Two technology-driven govt entities merged to push national ICT agenda

The Ministry of Public Telecommunications announces the 100 percent merger of the National Data Management Authority (NDMA) and the eGovernment Project Execution Unit. The reconstituted entity, with immediate effect, will be referred to as the National Data Management Authority (NDMA). “The NDMA’s most critical objectives are to modernise Government and Public services to vastly improve their efficiencies, and ensure that ...

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More than 100 Haitians arrive in Guyana

More than 100 Haitians arrived aboard a chartered aircraft early Thursday morning, but Minister of Citizenship and Immigration Winston Felix said he is not worried. “We did not  have any issues with their bona fides, we saw nothing wrong. To me everything appeared very normal” Felix told Demerara Waves Online News. He said they have been given one month’s stay ...

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Johnny Rockets’ open for business with ‘chef-inspired burgers’

After nine months of planning, a local franchise of Johnny Rockets’ opened today, March 30, on Hadfield Street, downtown Georgetown, hoping to add a unique flavour to the city’s already-competitive restaurant industry. Located next door to the Medicare Pharmacy opposite Parliament Building, the upscale burger spot offers a range of burger combos built to the customer’s requests. Co-owner of the ...

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Public Procurement Commission launches probe into controversial GPHC drug purchase

In the wake of wide-ranging concerns about the procurement of more than GYD $1 billion in drugs, including a GYD$605 million purchase from Ansa Mc Al, the Public Procurement Commission has begun a probe. In keeping with its functions laid down in Guyana’s constitution, the Procurement Commission said it “has commenced an investigation into the procurement of pharmaceutical and other medical supplies, ...

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ExxonMobil Announces New Oil Discovery Offshore Guyana

Snoek well encounters more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs Well is located about 5 miles southeast of Liza-1 discovery ExxonMobil continues to evaluate full resource potential of broader Stabroek area IRVING, Texas – Exxon Mobil Corporation announced Thursday positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling ...

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Digicel partners with ZTE to expand 4G LTE networks across Caribbean, Central America

  Digicel announced Thursday an agreement with ZTE Corporation , a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, to expand its 4G LTE networks across its 26 markets in the Caribbean and Central America. Deploying ZTE’s world-class 4G LTE solutions will see Digicel delivering the highest-performance mobile broadband services to all its customers across ...

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