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Guyanese tech company catapulted to world stage after building ExxonMobil supplier portal Information and Communication Technology (ICT) company BrainStreet has been catapulted to the international arena after building the Supplier Registration Portal for ExxonMobil’s Centre for Local Business Development (CLBD) in Guyana. As a result of this success, BrainStreet began to attract the attention of… Continue reading Guyanese tech company catapulted to world stage after building ExxonMobil supplier portal

500,000 bpd forecast based on production from Liza, Payara and Pacora OilNOW recently sat down with ExxonMobil Guyana’s Senior Director, Public and Government Affairs, Kimberly Brasington for an outline of what that projection is based Oil production in Guyana is expected to surpass the 500,000 barrels per day. Read More

Guyana expected to play key role in South America’s petroleum output over next decade South America’s oil and gas output is expected to stay rather flat over the next five years, increasing to around 11.7 million barrels of oil equivalent per day (boe/d) by 2025, says Norway-based Rystad Energy. The declining production from Venezuela, Argentina… Continue reading Guyana expected to play key role in South America’s petroleum output over next decade

Oil & Gas sector – Offshore activities – Tax jurisdictions in Suriname Tax jurisdictions in Suriname A. The onshore area (mainland) and the territorial waters . B. The Exclusive Economic Zone. Read More

Total gears up for exploration well in French Guiana waters despite Greenpeace criticism The team of scientists involved in the research are confident to say that these reef structures are part of the Amazon Reef. This unique biome could be threatened by a spill in case French company Total starts drilling for oil in Brazilian… Continue reading Total gears up for exploration well in French Guiana waters despite Greenpeace criticism

Anapai among ‘high profile’ wells being drilled in 2018 – WoodMac In its new ‘The Future of Exploration Survey 2018’ report, Wood Mackenzie said the industry continues to focus on building acreage portfolios without accepting additional risk while budget constraint remains the top issue for explorers, followed by new opportunities and portfolio quality. Read More

Suriname has long history of respecting oil agreements – Staatsolie CEO Staatsolie Maatschappij Suriname N.V Managing Director and Chief Executive Officer, Rudolf Elias, says the Dutch-speaking South American country has a long history of respecting agreements with International Oil Companies (IOCs) this continues to play a key role in forging alliances for the exploitation of… Continue reading Suriname has long history of respecting oil agreements – Staatsolie CEO

Expat/Executive Payroll The payroll set up for an expatriate or executive is a frequent discussion topic in Companies. Our firm has helped Companies local and foreign with the transition to a more efficient Expat/Executive payroll. Each time we aim to optimize each payroll within the confines of the Law and Tax Practice, providing the best-case… Continue reading Expat/Executive Payroll

Guyana and Suriname: What’s Next on the Horizon? Recent years have seen a burst of activity in the Guyana-Suriname Basin, as several major offshore discoveries have sparked industry interest in a nascent area that could have a significant amount of untapped reserves off the northern shores of America. A panel discussion the 2018 Offshore Technology… Continue reading Guyana and Suriname: What’s Next on the Horizon?

Offshore oil discovery in Suriname is almost a certainty – Staatsolie boss As the search for oil intensifies off the coast of Dutch-speaking Suriname, Managing Director and CEO of state oil company Staatsolie Maatschappij Suriname N.V., Rudolf Elias, is confident that a discovery will eventually be made. “It’s not a question of whether we will… Continue reading Offshore oil discovery in Suriname is almost a certainty – Staatsolie boss