ExxonMobil confirms US$6.8B investment in Hammerhead Project after Gov’t approval

  ExxonMobil has confirmed its final investment decision (FID) for the US$6.8 billion Hammerhead development, the seventh offshore project in Guyana’s Stabroek Block, following government approval of the Field Development Plan and the issuance of a Petroleum Production Licence earlier this week. Hammerhead, discovered in 2018, is expected to begin…

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PSC applauds success of Local Content Act as ExxonMobil reports $87B in local spending and 70% Guyanese workforce

  The Private Sector Commission (PSC) has welcomed recent remarks by Minister of Natural Resources, Vickram Bharrat, celebrating the success of Guyana’s Local Content Act and reaffirming the government’s commitment to continuous stakeholder engagement in its development. Minister Bharrat’s recognition of the Act’s transformative impact comes as ExxonMobil Guyana reported…

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Guyana grants 7th offshore licence; US$6.8B Hammerhead Development to add 150,000 barrels per day by 2029

The Ministry of Natural Resources has announced government approval of the Hammerhead Field Development Plan (FDP) and the issuance of the Hammerhead Petroleum Production Licence (PPL). This marks the seventh offshore development within Guyana’s prolific Stabroek Block, operated by ExxonMobil Guyana Limited (EMGL) in partnership with Hess Corporation and CNOOC….

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New Labour Minister launches youth empowerment and employment drive in East Ruimveldt

Youth employability and empowerment were at the forefront of Labour and Manpower Planning Minister Keoma Griffith’s weekend outreach in East Ruimveldt, Georgetown. During the engagement with residents of the community where he grew up, the Minister affirmed his ministry’s commitment to ensuring young people can access skills training and secure…

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Electric shock therapy now available for mental health patients in Guyana

The Georgetown Public Hospital Corporation (GPHC), in collaboration with the Center for Global Health at Northwell Health (USA), officially inaugurated Guyana’s first dedicated Electroconvulsive Therapy (ECT) Clinic on September 19, 2025. This achievement represents a major advancement in the country’s mental health care system and offers new, life-changing treatment options…

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