Canadian-owned company CGX Energy Incorporated, which only recently started drilling for oil in the Corentyne Block offshore Guyana, has commenced construction on what will be Guyana''s first deep-water port in the
CGX Energy will begin dredging and building the docks shortly for the Berbice deepwater port in eastern Guyana, planned to serve the South American nation''s oil and agriculture sectors. CGX Energy unit Grand Canal Industrial Estates in 2010 acquired a 50-year lease for a 55-acre parcel located near the Berbice River for the project.
The 2025 Guyana Energy Conference and Supply Chain Expo will be held from February 18 to 21 and a focus on artificial intelligence (A.I.) alongside new technology solutions are expected. At the conference launch on Monday, Chief Executive Officer of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg said several key topics will []
Guyana U.S. Department of Energy Energy Snapshot Installed Capacity 347.7 MW RE Installed Capacity Share 16.8% Peak Demand (2018) 124.9 MW Port Kaituma Power & Light Inc., Matthew''s Ridge Power & Light Inc., Linden Electricity Company Inc. and Kwakwani Utilities Inc. Energy Security & Electrification Access
It was previously disclosed that Guyana will soon serve as ExxonMobil''s global hub for developing skills related to FPSO vessels. Highlighting the company''s efforts, Routledge spoke about Exxon''s partnership with the government to establish the Guyana Technical Training College Institute (GTTCI) in Port Mourant, Berbice, Region Six.
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo Head of ExxonMobil Guyana Limited (EMGL), Alistair Routledge recently held a press conference in the country''s capital, where key updates were provided on several matters. These include the company''s efforts to optimize production offshore and developments regarding the gas-to
Described below are the 7 major ports of Guyana. 1 Port of Georgetown Image for representation purpose only. Lying on the eastern banks of the Demerara River as it flows into the Atlantic Ocean, Port Georgetown is the main port of Guyana, the capital city and a centre of manufacturing, commerce and finance.
By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo The Government of Guyana is poised to earn significantly more from oil revenues in 2024 than initially projected, thanks to increased production from the ExxonMobil-operated Stabroek Block. According to the mid-year report produced by the Ministry of Finance, the country is now expected to []
Guyana Shore Base Inc. (GYSBI), a pioneering Guyanese company in the local oil and gas sector has announced that it has inked an 11-year extension contract with Esso Exploration and Production Guyana Limited (EEPGL), an
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The Guyana Energy Conference & Supply Chain Expo (GECSCE) on Friday announced that One Communications is now the exclusive private sector partner for its inaugural Essay Competition. Launched on October 14, 2024, the competition allows for all Guyanese secondary school students countrywide to participate across three categories. Notably, the
Canadian-owned company CGX Energy Incorporated has revealed that in-river works are underway at the Deepwater Port in Berbice. "As part of a phased approach in support of the Government of Guyana''s efforts to accommodate increased vessel activity in Guyana, in-river construction activity has begun at the Berbice Deepwater Port (BDWP) on a 50 x 12 []
With the CGX Grand Canal Industrial Estates Berbice Deep Water Port back on track, Berbicians are set to take advantage of what is likely to place Berbice at the focal point of a Guyana-Suriname Energy and Commerce
Guyana is expected to record a 5.71-megawatt (MW) increase in its installed capacity for solar energy to some 17.2 MW in 2023. Solar energy provides reduced dependence on fossil fuels, improved energy security, reduction in energy costs, and reduced environmental impact, as there is less release of greenhouse gas into the atmosphere. Chief Executive
Guyana Energy Agency Act [37] (Amended 2011) This Act allows for the establishment of the Guyana Energy Agency and for specifying its functions. 1998 The Guyana Shipping Act [38] An Act to provide for the regulations of ships, owners and operators of the various rights and duties as well as the liabilities that can incur
The Guyana Energy Conference and Supply Chain Expo is an annual event that brings together industry leaders, policymakers and stakeholders to discuss the latest developments, challenges, and opportunities in the energy and supply chain sectors.
With cheaper energy and a road connection like the Corentyne Bridge to Suriname, the deepwater port project aligns with Guyana''s broader economic strategy, which includes modernising infrastructure and creating
Guyana Port Inc. eyes US$5M investment in dredging services April 30, 2024. The Guyana Energy Conference and Supply Chain Expo is an annual event that brings together industry leaders, policymakers and stakeholders to discuss the latest developments, challenges, and opportunities in the energy and supply chain sectors.
This was according to ExxonMobil''s President of Upstream, Liam Mallon, during his address at the Guyana Energy Conference and Supply Chain Expo at the Marriott Hotel, on Monday. (Facility Simulator) – at Port
CGX Energy Management Corp. (Delaware) GCIE Holdings Ltd. (Barbados) ON Energy Inc. (Guyana) CGX Resources Inc. (Guyana Registered Branch) Grand Canal Industrial Estates Inc. (Guyana) Berbice Deep Water Port Project Berbice PPL 100% 100% 100% . 62% 100% . 100% . Corentyne PPL Demerara PPL . GCIE: Wholly Owned Subsidiary of CGX Energy Inc. 66.667%
Through its local subsidiary – the Grand Canal Industrial Estates (GCIE), CGX has undertaken the construction of the US$130 million deep-water port in the Berbice River which includes a wharf facility and a
modern container terminal in Guyana. This will greatly improve Guyana''s maritime access, reduce its dependence on transshipment of its cargo at a Caribbean port resulting in savings in
Vice President Bharrat Jagdeo had two weeks ago clarified with this newspaper that while the port being built in Berbice by oil and gas company, CGX Energy Inc, is being dubbed a deep-water port
(Georgetown) February 05, 2024 – The Guyana Energy Agency (GEA) has recorded notable milestones from energy projects undertaken in 2023 as Guyana pursues important steps to decouple economic growth from using fossil fuels for electricity generation and harness its low-carbon resources. 12-Watt stand fan, and is equipped with a USB Port
In the Nationally Determined Contributions, Guyana has committed to develop a mix of wind, s olar, biomass and hydro-power to supply both demand of the national grid and the energy requirements for towns and villages in Guyana s hinterland. Guyana has set an ambitious target of achieving close to 100% renewable energy in the power sector by 2025.
GEORGETOWN, Guyana (AP) — Indian Prime Minister Narendra Modi said Thursday during a visit to Guyana that his government views the South American country as key to its energy security.. Modi spoke a day after his foreign minister said India is interested in buying up to two million barrels of crude from the oil-producing nation where vast deposits of oil and
Canadian based CGX Energy along with Frontera Energy Corporation have indicated their readiness to spud (begin drilling) the Wei-1 well in the Corentyne block offshore Guyana. The partners have issued a press release stating their commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well.
The Guyana Energy Conference and Supply Chain Expo (GECSCE) is excited to announce the National Energy Corporation of Trinidad & Tobago Limited (National Energy) as a Gold Sponsor for the 2025 edition of our flagship event. Modern $1B port, wharf facility to be developed in Charity. Business. Total public sector wages now $210B, up from
MANAGING Director of Guyana Port Inc. (GPI), Pritipaul Singh Jr., has said that the company is preparing to launch dredging and shipbuilding services, a US$40. Singh told the Chief Executive Officer (CEO) of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg, during a recent episode of the Energy Perspectives Podcast, GPI has
In keeping with Guyana''s green energy ambition goals, authorities are creating an enabling environment for electric vehicles to become the new norm. According to the Chief Executive Officer (CEO) of the Guyana Energy Agency (GEA), Dr. Mahender Sharma, this entails the construction of charging stations, the training of technicians, and a sweet incentive package.
This was according to ExxonMobil''s President of Upstream, Liam Mallon, during his address at the Guyana Energy Conference and Supply Chain Expo at the Marriott Hotel, on Monday. (Facility Simulator) – at Port Mourant, Berbice, Region Six. The facility is the result of a collaborative effort between the Guyana government and ExxonMobil
Since assuming office in August 2020, the Guyana Government has embarked on an aggressive programme for legislative and regulatory reform. This approach has produced a modernised Petroleum Activities Law which the nation''s Attorney General, Anil Nandlall, SC hails as "the most modern expression" of its kind within the western hemisphere. During his first
At CGX Energy Inc. in Toronto, ON, our dedicated specialists are highly experienced in hydrocarbon exploration. Reach out to our staff. Deep Water Port; Contact. Guyana is a country with vast natural resources – forestry, mining and oil and gas. It has been a democracy since 1966 and is the only English speaking country in South
By: Jarryl Bryan. The massive crowd of international and local delegates at the Guyana Energy Conference and Supply Chain Expo 2024 were provided with a detailed presentation from President Dr. Irfaan Ali on various investment opportunities and projects in Guyana, including the Linden to Mabura Hill road, which he revealed is being built as part of a
CGX said that the location has been cited as the most strategic for a Deepwater Port facility servicing the oil and gas and agricultural industries in Guyana by a number of international studies. The company said that the location also has the advantage of being very close to the rapidly developing offshore oil and gas industry in Suriname.
The main port in the country is the Port of Georgetown, which is also the primary entry point for cargo coming into Guyana. There are 5,900 km of navigable inland waterways, which include the Berbice River, the Demerara River, and the Essequibo River. There are 7,970 km of roads, 590 km of which are paved.
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The ports authority of Guyana provides safe and efficient transportation system that ensures safe trading in the ports and improved the economic prosperity of the country. The port authority of the country is managing, exploiting and maintaining the waterways including Guyana ports.
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