Oil conference drew around 650 participants

-networking, tourism boost hailed

From left to right, Chris Chapwanya, Director of Sagacity Media, the local public relations partner; Owen Verwey, Head of Go-Invest; Shariq Abdulhai, Director of Valiant Business Media Group of the United Kingdom and Joanna Homer, Attorney for Ministry of Natural Resources.

Having drawn around 650 participants, the curtains came down on the inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX)  on Friday with organisers hailing networking opportunities, possible investments and the tourism boost.

“The one that has been mentioned the least is what this event has done for the tourism industry and the services sector in Guyana, because inasmuch as it does well for the networking of the oil and gas industry, it had a direct impact on tourism in the economy,” Chief Executive Officer of the Guyana Office for Investment (Go-Invest), Owen Verwey, told a press conference at the close at the Marriott Hotel.

Feedback so far from local hotels in George-town, he said, was that they saw occupancy increase dramatically while he pointed to the traffic where cabdrivers also spoke of an increase…..


Chatelal forgives Yorke as loan repaid

(Trinidad Guardian)  “Dwight, I forgive you.” So stated reigning Chutney Soca Monarch Neval Chatelal in an open letter to former T&T and Manchester United striker Dwight Yorke yesterday, following the repayment of a $250,000 loan.

Exxon contract final -Harmon

The controversial Production Sharing Agreement (PSA) signed between the government and ExxonMobil’s local subsidiary and partners is final and will not be subject to any changes, Minister of State Joseph Harmon said yesterday.

NIS re-examining investment in Berbice Bridge, GM says

General Manager Holly Greaves yesterday said the National Insurance Scheme (NIS) is re-examining its investment in the Berbice Bridge after dismal returns over the past few years.

CARICOM staffer shot, robbed after bank withdrawal

A gunman yesterday afternoon shot and robbed a senior CARICOM Secreta-riat employee after he left the Republic Bank (Guyana) Limited branch at Triumph, East Coast Demerara (ECD), in what is the most recent attack on the bank’s customers.

President says confident in World Court cause

As Guyana celebrates 48 years as a Republic, President David Granger has reiterated his government’s intention to take the Venezuelan border controversy to the World Court and declared each citizen a protector of the nation’s sovereignty.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built stabroeknews.com using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now