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Mergers & Acquisitions;Metals & Mining

G Mining Ventures to acquire G2 Goldfields in $3 billion Guyana consolidation deal

G Mining Ventures has agreed to acquire G2 Goldfields in a transaction valued at approximately C$3.0 billion, combining adjacent gold projects in Guyana. The merger creates a district-scale hub with potential to produce over 500,000 ounces annually, unlocking an estimated C$1 billion in synergies by sharing infrastructure and permitting.

Guyana | 4 days ago

Investments & Funding

Caribbean Development Bank approves $50 million climate loan for Guyana

The Caribbean Development Bank has approved $50 million in policy-based financing for Guyana as part of a $175 million two-loan programme. The funding supports climate resilience, biodiversity management, and water governance reforms under Guyana's Low Carbon Development Strategy 2030.

2 weeks ago • Guyana

Oil & Gas

SBM Offshore secures FEED contracts for ExxonMobil's Longtail FPSO project in Guyana

SBM Offshore has been appointed by ExxonMobil Guyana to conduct front-end engineering and design for a new floating production vessel. Targeted for the Longtail development, the vessel will utilize standardized hull technology to produce 250,000 barrels of condensate daily, marking a significant progression in Guyana’s offshore energy expansion.

3 weeks ago • Guyana

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.