Guyana Capital Market Opportunities Presented at the 2020 Jamaican Stock Exch...Steven Jasmin
Steven Jasmin, Managing Director of Smart City Clearing Limited presented an overview of Guyana and some of the investment opportunities as a result of the 10 Billion+ Barrel oil find. For more information on investment opportunities or to schedule an investment visit to Guyana please contact sjasmin AT sc3.ltd
Smart City Clearing Company's (Sc3) analysis of ExxonMobil's (XOM) Liza Field 1 and 2 Market Report covering timelines, and development phases for the offshore Oil and Gas development project for the country of Guyana South America
Greetings,
Attached FYI ( NewBase Special 19 April 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• ADNOC to start monthly oil product deliveries to Egypt
• UAE and Saudi refineries in demand as conflict-hit Iraq and Yemen suffer outages
• Dubai oil firm to invest $10bn in Philippines
• India ONGC to invest $176bn despite oil price slump
• India nuclear sector trickles down
• Oil supplies on 2015 peaks, Price jumps 9.6pc on the week
• U.S. Oil-Rig count Extends to 19th Week With Drop of 26
• Canada’s oil sands determined to weather price plunge
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
This was the outlook for 2016 as presented in Feb 2015 and 6 months down the line all the prognosis have been damn accurate. When it took the Nigerian Government over 7 months into the year to officially declare economic recession, this presentation had accurately done a forecast on the dire straits the Nigerian economy was in as at February 2016. If you are looking at catching an accurate glimpse what may still lie ahead in the last 4 months of the year 2016, this presentation will be your reliable guide.
New base 20 august energy news issue 1063 by khaled al awadiKhaled Al Awadi
Masdar, an Abu Dhabi renewable energy company, signed a contract to build a 50MW wind farm in Oman's Dhofar region, the first large-scale renewable project in the Gulf. The wind farm will power 16,000 homes and offset 110,000 tons of carbon dioxide annually. Libya's oil production is recovering, reaching 1.02 million barrels per day in July, up from 250,000 barrels per day in 2014, though disruptions remain possible due to political instability. Norway saw oil, gas, and condensate production increase in July 2017 compared to June, with average daily oil production of 1.622 million barrels.
Guyana Capital Market Opportunities Presented at the 2020 Jamaican Stock Exch...Steven Jasmin
Steven Jasmin, Managing Director of Smart City Clearing Limited presented an overview of Guyana and some of the investment opportunities as a result of the 10 Billion+ Barrel oil find. For more information on investment opportunities or to schedule an investment visit to Guyana please contact sjasmin AT sc3.ltd
Smart City Clearing Company's (Sc3) analysis of ExxonMobil's (XOM) Liza Field 1 and 2 Market Report covering timelines, and development phases for the offshore Oil and Gas development project for the country of Guyana South America
Greetings,
Attached FYI ( NewBase Special 19 April 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• ADNOC to start monthly oil product deliveries to Egypt
• UAE and Saudi refineries in demand as conflict-hit Iraq and Yemen suffer outages
• Dubai oil firm to invest $10bn in Philippines
• India ONGC to invest $176bn despite oil price slump
• India nuclear sector trickles down
• Oil supplies on 2015 peaks, Price jumps 9.6pc on the week
• U.S. Oil-Rig count Extends to 19th Week With Drop of 26
• Canada’s oil sands determined to weather price plunge
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
This was the outlook for 2016 as presented in Feb 2015 and 6 months down the line all the prognosis have been damn accurate. When it took the Nigerian Government over 7 months into the year to officially declare economic recession, this presentation had accurately done a forecast on the dire straits the Nigerian economy was in as at February 2016. If you are looking at catching an accurate glimpse what may still lie ahead in the last 4 months of the year 2016, this presentation will be your reliable guide.
New base 20 august energy news issue 1063 by khaled al awadiKhaled Al Awadi
Masdar, an Abu Dhabi renewable energy company, signed a contract to build a 50MW wind farm in Oman's Dhofar region, the first large-scale renewable project in the Gulf. The wind farm will power 16,000 homes and offset 110,000 tons of carbon dioxide annually. Libya's oil production is recovering, reaching 1.02 million barrels per day in July, up from 250,000 barrels per day in 2014, though disruptions remain possible due to political instability. Norway saw oil, gas, and condensate production increase in July 2017 compared to June, with average daily oil production of 1.622 million barrels.
New base january 27 2022 energy news issue - 1482 by khaled al awadiKhaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
Microsoft word new base 995 special 05 february 2017 energy newsKhaled Al Awadi
1) Abu Dhabi improved some terms of its oil production partnership with international oil companies, such as BP and Total, to offer greater returns. This includes changes to taxation and depreciation terms.
2) Saudi Arabia created a new division within its energy ministry to drive its renewable energy plan and review companies for renewable energy projects.
3) Iraq's southern crude oil exports decreased in January compared to the previous record high as the country implements agreed upon OPEC production cuts.
New base 17 june 2021 energy news issue 1439 by khaled al awad i-compress...Khaled Al Awadi
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
Greetings,
Attached FYI ( NewBase Special 02 June 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• SolarImpulse Safe in NAGOYA - JAPAN
• Oman oil minister says Opec's decision not helping member states
• Egypt signs $2bn exploration deal with Italy's Eni
• Morocco: Pura Vida Energy spuds MZ-1 well, offshore Morocco
• Kazakhstan wants oil majors to develop Caspian Depression
• Tanzania: Swala Energy announces farmout licences to Tata Petrodyne
• Uganda announces London roadshow for First Licensing Round
• The U.S. oil fracker's dilemma: crouch or pounce?
• Oil prices stabilize, firm demand counters oversupply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
New base 29 march 2021 energy news issue 1420 by khaled al awadiKhaled Al Awadi
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
Oil Search suspends drilling at an oil well in Iraqi Kurdistan due to increased regional tensions and security issues, but reports strong financial results. While suspending operations at the well, other operations in the region continue as the security situation at the well site remains stable. Oil Search saw large increases in production and profits in the first half of 2014 driven by new natural gas projects in Papua New Guinea. However, future operations in Iraqi Kurdistan depend on improvements to the security situation in northern Iraq.
New base energy news issue 916 dated 28 august 2016Khaled Al Awadi
- OPEC members' net oil export revenue dropped 46% in 2015 to $404 billion, the lowest level since 2004, due to declining crude oil prices.
- The effects of lower revenue have significant implications for OPEC members that rely heavily on oil exports to fund social programs and imports.
- While countries with large financial reserves like Saudi Arabia are less affected, others like Iraq, Nigeria, and Venezuela face greater challenges without large reserves to offset lower oil revenues.
Greetings,
Attached FYI ( NewBase Special 22 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Solar Impulse Landed in Mandalay Maynmar, ready for more
• Iraq: DNO says Kurdish Iraq production on track despite spending cuts
• Saudi Arabia ramps up oil-gas rigs
• Egypt seeks to double its power generation capacity
• UK: New decom site at Tees Valley could create 1000 jobs
• Solar Eclipse Tests European Power Grid Flooded by Solar Farms
• Oil Prices in One Week ( Ups & Downs ) – No comments
• Oil Glut continues to haunt the markets
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 27 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 13 september 2017 energy news issue 1071 by khaled al awadiKhaled Al Awadi
Shell is seeking to withdraw from Iraq's Majnoon oilfield. A letter from Iraq's oil minister approved Shell's desire to end its partnership in the Majnoon field. Shell is selling assets as part of a $30 billion global asset disposal program. Saudi Aramco has entered an agreement with Nomadd, a solar technology startup, to license Saudi Aramco's solar array cleaning technology. This supports Saudi Arabia's renewable energy goals and local manufacturing. China plans to require the nationwide use of ethanol gasoline, containing 10% corn ethanol, by 2020 in order to boost corn demand and reduce pollution. This sets the first timeline for a national biofuels mandate in China.
New base energy news issue 869 dated 09 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 09 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE gas market as World gas market faces glut, says IEA
• India Greka successfully drilled two wells
• US / Canada Fires are reducing Canada’s oil sands production
• Oil prices near 2016 highs as US crude inventories drop
• Oil market is back in balance: Kemp
• Crude prices: This chart says oil could hit $60 — and fast
• World Starts to Turn From Coal as Cheap Oil Gains Market
• World oil reserves stable despite drop in investment -BP
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 03 august 2019 energy news issue 1265 by khaled al awadiKhaled Al Awadi
Greetings
Attached pdf file FYI having the latest energy news via NewBase Energy News 03 August 2019 - Issue No. 1265 Senior Editor Eng. Khaled Al Awadi
New base energy news issue 940 dated 31 october 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 31 October 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE Fuel price floating with oil prices with 5% rise in Nov-16
• Iraq Reveals Oilfields Output to Win Over OPEC Ahead of Meeting
• Japan: INPEX concludes exploration drilling offshore Japan
• Senegal: ConocoPhillips completes sale of exploration blocks
• Low tanker rates are enabling more long-distance crude oil
• Oil falls as non-OPEC yet to pledge concrete output steps
• Non-OPEC yet to pledge concrete oil output steps after meeting OPEC
• Big Oil’s Shrinking Act Has More to Go in China
• GE-Baker Hughes deal could be announced Monday, WSJ reports
• Offshore oil production in deepwater and ultra deepwater is increasing
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 23 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Qatar Barzan Gas Project to fuel hydrocarbon growth
• UAE:Amec Foster Wheeler set for M.E expansion despite low oil prices
• Kenya Invites Expressions of Interest to Acquire 3D Seismic in the Offshore Lamu
• Ukraine to pay $230/CM for Russian gas – Energy Minster
• US: Oil's Killing U.S. Power Generators, And They Don't Even Burn It
• Oil, bond prices move in opposite directions
• Sustained low oil prices could reduce exploration and production investment
• Conflicting signals continuing to confuse
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2
New base special 02 january 2014 khaled al awadiKhaled Al Awadi
The document discusses hydrocarbon reserves and production in the UAE and Oman. It contains the following key points:
1) The UAE has large oil and gas reserves that would last 88 years at current production rates, and per capita reserves are among the highest globally. Abu Dhabi specifically has accumulated large financial assets from fiscal surpluses.
2) Oman's oil production rose 2.5% in 2013 while exports increased 9.7%, especially to India and China. Natural gas production and imports also grew 4%.
3) OOCEP will play an active role as a 40% partner with BP in developing Oman's large Block 61 tight gas reserves, building on its experience with the Abu
The document discusses hydrocarbon reserves and production in the UAE and Oman. It contains the following key points:
1) The UAE has large proven oil and gas reserves of 138 billion barrels that would last 88 years at the current production rate. Abu Dhabi has accumulated considerable financial assets and could finance deficits for many years even if oil prices fall below $70-80 per barrel.
2) Oman's oil production rose 2.5% in 2013 while exports increased 9.7%, with significant growth to India and China. Natural gas production and imports also rose 4%.
3) OOCEP will play an active role as a 40% partner with BP in developing Oman's large Block 61
The OPEC Secretary General says there is no need to panic about recent declines in oil prices. While OPEC members previously said they wanted oil prices around $100 per barrel, the Secretary General says fundamentals have not changed and OPEC will still average $100 per barrel for 2014. He notes that low prices will reduce competing supplies in the long run. The Secretary General also states that by 2020, OPEC must be ready to produce 40 million barrels per day of oil and 50 million barrels per day of liquids.
Saudi Aramco and Sinopec have started test runs at their new 400,000 barrel per day Yanbu refinery in Saudi Arabia, which is scheduled to begin commercial exports in October or November. The startup of new refining capacity in Saudi Arabia adds to oversupply concerns and downward pressure on oil prices from increased competition in refined fuel markets. Asian refiners are struggling with weak margins due to disappointing demand growth and excess refined product supply from the Middle East. Saudi Aramco cut its October crude prices for Asian customers more than expected in response to weak Asian demand and falling price spreads between Brent and Dubai crude benchmarks. Global oil inventories have risen sharply in recent months as benchmark crude prices have fallen, indicating over
Dato’ Yau is a chartered accountant and has more than 30 years experience in auditing, corporate finance and general management. Prior to joining Tropicana as the Group Chief Executive Officer, he was with Hong Leong Industries Bhd where he served as group managing director since September 2011 and prior to that, he was Sunway Holdings Bhd managing director since April 2001. He has also served well in various Sunway Group Berhad.
New base january 27 2022 energy news issue - 1482 by khaled al awadiKhaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
NewBase January 27-2022 Energy News issue - 1482 by Khaled Al Awadi
Microsoft word new base 995 special 05 february 2017 energy newsKhaled Al Awadi
1) Abu Dhabi improved some terms of its oil production partnership with international oil companies, such as BP and Total, to offer greater returns. This includes changes to taxation and depreciation terms.
2) Saudi Arabia created a new division within its energy ministry to drive its renewable energy plan and review companies for renewable energy projects.
3) Iraq's southern crude oil exports decreased in January compared to the previous record high as the country implements agreed upon OPEC production cuts.
New base 17 june 2021 energy news issue 1439 by khaled al awad i-compress...Khaled Al Awadi
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
NewBase 17 June 2021 Energy News issue - 1439 by Khaled Al Awad i
Greetings,
Attached FYI ( NewBase Special 02 June 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• SolarImpulse Safe in NAGOYA - JAPAN
• Oman oil minister says Opec's decision not helping member states
• Egypt signs $2bn exploration deal with Italy's Eni
• Morocco: Pura Vida Energy spuds MZ-1 well, offshore Morocco
• Kazakhstan wants oil majors to develop Caspian Depression
• Tanzania: Swala Energy announces farmout licences to Tata Petrodyne
• Uganda announces London roadshow for First Licensing Round
• The U.S. oil fracker's dilemma: crouch or pounce?
• Oil prices stabilize, firm demand counters oversupply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
New base 29 march 2021 energy news issue 1420 by khaled al awadiKhaled Al Awadi
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
NewBase 29 March 2021 Energy News issue - 1420 by Khaled Al Awadi.docx
Oil Search suspends drilling at an oil well in Iraqi Kurdistan due to increased regional tensions and security issues, but reports strong financial results. While suspending operations at the well, other operations in the region continue as the security situation at the well site remains stable. Oil Search saw large increases in production and profits in the first half of 2014 driven by new natural gas projects in Papua New Guinea. However, future operations in Iraqi Kurdistan depend on improvements to the security situation in northern Iraq.
New base energy news issue 916 dated 28 august 2016Khaled Al Awadi
- OPEC members' net oil export revenue dropped 46% in 2015 to $404 billion, the lowest level since 2004, due to declining crude oil prices.
- The effects of lower revenue have significant implications for OPEC members that rely heavily on oil exports to fund social programs and imports.
- While countries with large financial reserves like Saudi Arabia are less affected, others like Iraq, Nigeria, and Venezuela face greater challenges without large reserves to offset lower oil revenues.
Greetings,
Attached FYI ( NewBase Special 22 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Solar Impulse Landed in Mandalay Maynmar, ready for more
• Iraq: DNO says Kurdish Iraq production on track despite spending cuts
• Saudi Arabia ramps up oil-gas rigs
• Egypt seeks to double its power generation capacity
• UK: New decom site at Tees Valley could create 1000 jobs
• Solar Eclipse Tests European Power Grid Flooded by Solar Farms
• Oil Prices in One Week ( Ups & Downs ) – No comments
• Oil Glut continues to haunt the markets
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 27 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 13 september 2017 energy news issue 1071 by khaled al awadiKhaled Al Awadi
Shell is seeking to withdraw from Iraq's Majnoon oilfield. A letter from Iraq's oil minister approved Shell's desire to end its partnership in the Majnoon field. Shell is selling assets as part of a $30 billion global asset disposal program. Saudi Aramco has entered an agreement with Nomadd, a solar technology startup, to license Saudi Aramco's solar array cleaning technology. This supports Saudi Arabia's renewable energy goals and local manufacturing. China plans to require the nationwide use of ethanol gasoline, containing 10% corn ethanol, by 2020 in order to boost corn demand and reduce pollution. This sets the first timeline for a national biofuels mandate in China.
New base energy news issue 869 dated 09 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 09 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE gas market as World gas market faces glut, says IEA
• India Greka successfully drilled two wells
• US / Canada Fires are reducing Canada’s oil sands production
• Oil prices near 2016 highs as US crude inventories drop
• Oil market is back in balance: Kemp
• Crude prices: This chart says oil could hit $60 — and fast
• World Starts to Turn From Coal as Cheap Oil Gains Market
• World oil reserves stable despite drop in investment -BP
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 03 august 2019 energy news issue 1265 by khaled al awadiKhaled Al Awadi
Greetings
Attached pdf file FYI having the latest energy news via NewBase Energy News 03 August 2019 - Issue No. 1265 Senior Editor Eng. Khaled Al Awadi
New base energy news issue 940 dated 31 october 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 31 October 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE Fuel price floating with oil prices with 5% rise in Nov-16
• Iraq Reveals Oilfields Output to Win Over OPEC Ahead of Meeting
• Japan: INPEX concludes exploration drilling offshore Japan
• Senegal: ConocoPhillips completes sale of exploration blocks
• Low tanker rates are enabling more long-distance crude oil
• Oil falls as non-OPEC yet to pledge concrete output steps
• Non-OPEC yet to pledge concrete oil output steps after meeting OPEC
• Big Oil’s Shrinking Act Has More to Go in China
• GE-Baker Hughes deal could be announced Monday, WSJ reports
• Offshore oil production in deepwater and ultra deepwater is increasing
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 23 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Qatar Barzan Gas Project to fuel hydrocarbon growth
• UAE:Amec Foster Wheeler set for M.E expansion despite low oil prices
• Kenya Invites Expressions of Interest to Acquire 3D Seismic in the Offshore Lamu
• Ukraine to pay $230/CM for Russian gas – Energy Minster
• US: Oil's Killing U.S. Power Generators, And They Don't Even Burn It
• Oil, bond prices move in opposite directions
• Sustained low oil prices could reduce exploration and production investment
• Conflicting signals continuing to confuse
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2
New base special 02 january 2014 khaled al awadiKhaled Al Awadi
The document discusses hydrocarbon reserves and production in the UAE and Oman. It contains the following key points:
1) The UAE has large oil and gas reserves that would last 88 years at current production rates, and per capita reserves are among the highest globally. Abu Dhabi specifically has accumulated large financial assets from fiscal surpluses.
2) Oman's oil production rose 2.5% in 2013 while exports increased 9.7%, especially to India and China. Natural gas production and imports also grew 4%.
3) OOCEP will play an active role as a 40% partner with BP in developing Oman's large Block 61 tight gas reserves, building on its experience with the Abu
The document discusses hydrocarbon reserves and production in the UAE and Oman. It contains the following key points:
1) The UAE has large proven oil and gas reserves of 138 billion barrels that would last 88 years at the current production rate. Abu Dhabi has accumulated considerable financial assets and could finance deficits for many years even if oil prices fall below $70-80 per barrel.
2) Oman's oil production rose 2.5% in 2013 while exports increased 9.7%, with significant growth to India and China. Natural gas production and imports also rose 4%.
3) OOCEP will play an active role as a 40% partner with BP in developing Oman's large Block 61
The OPEC Secretary General says there is no need to panic about recent declines in oil prices. While OPEC members previously said they wanted oil prices around $100 per barrel, the Secretary General says fundamentals have not changed and OPEC will still average $100 per barrel for 2014. He notes that low prices will reduce competing supplies in the long run. The Secretary General also states that by 2020, OPEC must be ready to produce 40 million barrels per day of oil and 50 million barrels per day of liquids.
Saudi Aramco and Sinopec have started test runs at their new 400,000 barrel per day Yanbu refinery in Saudi Arabia, which is scheduled to begin commercial exports in October or November. The startup of new refining capacity in Saudi Arabia adds to oversupply concerns and downward pressure on oil prices from increased competition in refined fuel markets. Asian refiners are struggling with weak margins due to disappointing demand growth and excess refined product supply from the Middle East. Saudi Aramco cut its October crude prices for Asian customers more than expected in response to weak Asian demand and falling price spreads between Brent and Dubai crude benchmarks. Global oil inventories have risen sharply in recent months as benchmark crude prices have fallen, indicating over
Dato’ Yau is a chartered accountant and has more than 30 years experience in auditing, corporate finance and general management. Prior to joining Tropicana as the Group Chief Executive Officer, he was with Hong Leong Industries Bhd where he served as group managing director since September 2011 and prior to that, he was Sunway Holdings Bhd managing director since April 2001. He has also served well in various Sunway Group Berhad.
The Ritz Carlton Al Wadi in Ras Al Khaimah was one of the only hotels to beat performance targets and increase occupancy rates in May 2020 compared to the previous year, while most other hotels saw significant declines. This was achieved through implementing strict cleaning protocols, promoting private staycation packages focused on work/school from home, and value-enhancing renovations. Occupancy was 58% higher than 2019 and 38% above budget, with RevPAR 67% above the previous year. The hotel's focus on health, safety, and enhancing the remote experience allowed it to succeed during the pandemic when domestic tourism was the only option.
- Qatar has experienced rapid growth in its hospitality and tourism sector over the last 5 years, with visitor arrivals growing 11.5% annually and 20 new hotels opening in 2015 alone.
- Investment opportunities exist in developing new hotel room inventory, especially 3-4 star properties, as well as experiential hotels, resorts, eco-lodges, and boutique hotels. Opportunities also exist in tourism services, leisure, culture, and MICE sectors.
- Qatar offers advantages for tourism investment including a fast growing market, political stability, and over $200B already invested in infrastructure to support tourism like the new airport and metro system. The government is working to facilitate new investments in the sector.
This document summarizes the impacts of COVID-19 on the tourism and banking sectors in Bangladesh. It discusses how the pandemic severely impacted tourism through international flight cancellations and job losses in the tourism industry. It also notes the economic impacts, including an 80% predicted drop in international tourism. Regarding banking, the document outlines challenges like financial difficulties for management and increased non-performing loans. It provides statistics on affected bankers and declining private sector credit growth. Finally, it summarizes policies from the Bangladesh government and central bank to support these hard-hit sectors during the pandemic.
This document summarizes the impacts of COVID-19 on the tourism and banking sectors in Bangladesh. It discusses how the pandemic severely impacted tourism through international flight cancellations and job losses in the tourism industry. It also notes the economic impacts, including an 80% predicted drop in international tourism. Regarding banking, the document outlines challenges like financial difficulties for management and increased non-performing loans. It provides statistics on affected bankers and declining private sector credit growth. Finally, it summarizes policies from the Bangladesh government and central bank to support these hard-hit sectors during the pandemic.
The travel and tourism industry, one of the most impacted by the pandemic outbreak, has experienced a surge in international visitor arrivals, which has doubled this year, indicating that the sector has recovered.
Dubailand is envisioned as Dubai's largest tourist attraction, but faces challenges in its development. A new strategy proposes extending the project's launch over 15 years in phases, with each phase/zone launched as its own complex. This would allow Dubailand to better manage expectations, recruit specialized talent, and ensure deadlines are met for each phase while maintaining the project's grandeur. Marketing efforts would sustain interest by promoting upcoming phases and a loyalty program would encourage repeat visits. Operational solutions like specialized training and intergovernmental cooperation on labor issues would also help address challenges.
This document is an investor presentation for Sanctuary Beach Resort. It provides an overview of Hersha Hospitality Trust's portfolio recovery through August 2022, continued property cash flow growth, accelerated corporate cash flow, investment thesis focusing on luxury and lifestyle assets in key markets, major capital projects completion, long-term margin growth opportunities, pro forma capitalization reflecting debt reduction through asset sales, and interest savings from a new credit facility.
Covid-19 impact on Travel Industry - AnalysisGaurav Gupta
Get ready for the impact of Covid-19 on Travel Industry. Automation is the key. Industry insights & size of Indian Travel Industry included with figures. Investor sentiments post covid-19 included
DAMAC Innovates in Hotel Investment - EnglishKushagra Mangal
DAMAC Properties is providing opportunities for individual investors to invest in hotel rooms starting at AED 440,000 in order to tap into the growing Dubai hospitality sector. Dubai is expecting tourism growth of 7-9% annually to reach 20 million visitors by 2020. DAMAC has developed over 13,000 hotel rooms and plans to deliver more than 13,000 additional rooms by 2021 to meet demand. Investing in a hotel room provides an estimated 10% annual return on investment along with ownership rights and annual personal stays, allowing individual investors to benefit from Dubai's booming real estate market.
- The document discusses an investment opportunity to develop Vertex Towers, a residential complex in Dubai with four towers that will house over 1,000 hotel staff.
- It will be located in the International Media Production Zone and consist of studio, one-bedroom, and two-bedroom apartments along with recreational amenities.
- Three cash flow scenarios are presented: developing all four towers for rental income; developing all four towers and selling two in the first year; or developing and selling all four towers.
The Kingdom of Saudi Arabia is located in Southwest Asia occupying most of the Arabian Peninsula. It has a population of 26.8 million people and its economy relies heavily on oil exports, though it is trying to diversify. Major projects are underway to expand religious tourism to the holy cities of Mecca and Medina, with over $100 billion being invested in real estate and infrastructure projects. The construction industry is one of the largest sectors of the economy and the government is also investing heavily in other infrastructure like airports and rail systems.
The document is a June 2013 issue of Cityscape magazine. It provides news and insights about real estate markets around the world, including the Middle East, Asia Pacific, Europe, and Americas regions. Specifically, it discusses:
- Sharjah's real estate market maintaining strength in the first quarter of 2013, with residential rents rising 10-15% and the industrial sector remaining stable.
- The opening of Jebel Sifah, a new fully-integrated resort town in Oman located 45 minutes from Muscat, featuring a marina, luxury resorts, and activities.
- Selective growth seen in the Cairo residential and retail markets in Q1 2013, despite political and economic challenges, with new
- The Beitbridge Hotel in Zimbabwe, owned 40% by the National Social Security Authority (NSSA), has incurred over $2 million in losses since opening in 2014 and has now been closed by majority owner Rainbow Tourism Group.
- An audit before construction found the hotel would be loss-making, but NSSA insisted it proceed anyway. NSSA's investments are under scrutiny as costs for the Beitbridge Hotel ballooned from an initial $3 million budget to over $49 million.
- The closure puts focus again on NSSA's investment strategies that have put pensioners' funds at risk through apparent non-viable projects like the Beitbridge Hotel.
The document summarizes the global economic outlook and trends in foreign direct investment. It predicts that global economic growth will gradually strengthen to around 3% in the coming years. In 2012, FDI to developing countries declined slightly but is expected to rebound in 2013. South-South FDI flows between developing countries are increasing and now account for about a quarter of developing country outward FDI stock. MIGA plays an important role in mobilizing private investment in priority areas like poorer countries, conflict-affected areas, and complex projects through political risk guarantees that help investors overcome hesitations.
A detailed look into the history, decline, current scenario and future outlook of the hotel industry in Pakistan, accompanied by research via statistical tools on public perception about the reasons of the decline
The document discusses the need for mid-market hotels in Dubai to accommodate a more diverse range of travelers as the city aims to attract 20 million visitors by 2020. While Dubai currently relies heavily on luxury hotels, mid-market hotels that offer affordable accommodations, good wifi, and technology access would appeal more to millennial and budget travelers from emerging markets like India and China. The paper examines factors driving demand for mid-market hotels and outlines challenges to their development, but argues they can be financially viable given lower construction costs per room compared to luxury hotels.
Similar to Acarai Properties Guyana Q1 2021 Hospitality Sector Market Report (20)
This document provides an analysis of Guyana's Budget 2023. Some key points:
- Budget 2023 amounts to $781.9 billion, 41.4% larger than 2022, with no new taxes.
- Revenue sources include taxes, non-tax revenue, withdrawals from the Natural Resource Fund, and carbon credit inflows.
- The budget is based on Guyana's long-term National Development Strategy to develop infrastructure like tourism and transportation.
- Inflation is driven by imported goods and strong domestic demand from economic growth. The budget includes measures to combat rising costs of living.
- Social sector allocations like health, education and welfare total $226.2 billion,
IMF World Economic Outlook, Managing Divergent Recoveries April 2021Steven Jasmin
What was the final Global Growth post covid for 2020? The IMF's annual World Economic Outlook showed that Globally real gdp growth shrank by approximately 3.6%. Guyana was the fastest growing economy at 43.4%.
February 2021 Revised Draft of the Local Content Policy for the Development o...Steven Jasmin
February 2021 Draft of the Guyana Local Content Policy by His Excellency, Dr. Mohammed Ifraan Ali, President of Co-operative Republic of Guyana.
From the document:
"The purpose of developing this national local content policy for the petroleum sector is to increase the value generated by the exploitation of a resource that remains in the domestic economy; and to develop linkages between the oil sector and the rest of the economy. What matters is not only what happens in the sector but what happens beyond. As such, local content can encompass forward, lateral, and backward linkages. Backward linkages are those created by the commercial relations between oil operators and their supply chains, which include the transfer of technology and know-how, employment of nationals, and sourcing local goods and services. Lateral linkages utilise the demand of the sector to develop skills, services and infrastructure that can positively impact on other sectors of the economy while allowing locals to participate in the petroleum supply chain. Forward linkages involve the construction of facilities that process and export these resources, such as refineries and petrochemical facilities. Therefore, our local content benefits are set in a good practice that is based on the idea of creating ‘shared value’. In this policy document, shared value is the foundation for a business strategy designed to achieve both project competitiveness, and stability and economic development in the local community and the entire country.
Guyana’s LCP will ensure that business projects can create shared value by generating and growing economic opportunities related to their workforce, local supply chain and surrounding communities, in ways that also support their bottom line. Therefore, as we are an emerging petroleum producing and exporting nation, it is my government’s guiding principles that this LCP focus on being:
1. A guide towards a national strategy for economic development
2. A mechanism to create value beyond the sector
3. Grounded in the objectives of a realistic assessment of our resources and capabilities
4. Adaptive to our energy mix and transition objective toward a low carbon economy
5. Integrated to the procurement strategy of the national economy" page 4.
November 2020 Report From The Advisory Panel On Local Content in GuyanaSteven Jasmin
Report drafted by key stakeholders who where asked under the newly formed PPP/C administration lead by Dr. Ifraan Ali to review and comment on the work that had been done to date surrounding Guyana's Local Content Policy(LCP). Key stakeholders views that where included in this report:
Guyana Government Ministries and Agencies;
Guyana Private Sector Organizations;
Guyana Labour Unions;
Guyana Indigenous Organisations;
Guyana Civil Society Organsations;
Guyana Education and Training Institutions;
Guyana Oil and Gas Operators and Companies allocated offshore blocks;
Guyana Oil and Gas Prime Contractors/Service Companies; and
and Leading Advocates.
January 2020 Guyana Petroleum Sector Local Content PolicySteven Jasmin
This document outlines Guyana's Local Content Policy for the petroleum sector. The key objectives of the policy are to facilitate participation of Guyanese individuals and suppliers in the oil and gas industry, and to maximize benefits to Guyana's economy and society from expenditure in the sector.
The policy provides definitions for important terms, establishes the scope as applying to upstream oil and gas activities, and outlines the policy's context and principles. It notes the policy's role in optimizing national revenues from resource development while maintaining investment and building local capacity. Implementation details in Section III address requirements for local content plans, reporting, procurement procedures, and capacity development support.
The document summarizes key points from Guyana's 2021 budget, including:
- The budget of $383.1 billion is the largest in Guyana's history and financed without new taxes.
- Tax measures provided relief including exempting property sales over 25 years and reducing duties on construction materials.
- Infrastructure and development plans were announced for sectors like oil/gas, manufacturing, and agriculture.
- Government agencies like GRA and mining commission will be strengthened.
The document summarizes the 2021 budget presented by Hon. Senior Minister Dr. Ashni Singh on February 12, 2021 with a proposed spend of $383.1 billion. The budget aims to maintain public safety during the COVID-19 pandemic, create an environment conducive to investment, and promote rapid economic growth. It allocates funding to sectors like education, health, infrastructure and agriculture, while implementing tax reforms and initiatives to support renewable energy, oil and gas, and industrial development.
EY 2020 Budget Review for Guyana South AmericaSteven Jasmin
The document summarizes key aspects of the Guyana Budget 2020, including:
1) Total government revenue and expenditure projections of $226.5 billion and $329.5 billion respectively. Major areas of spending include education, health, security and infrastructure.
2) Macroeconomic indicators such as GDP growth projections, inflation rates, and increase in foreign direct investment.
3) Fiscal measures proposed in the budget such as tax exemptions for private education and healthcare, cash grants for households and pensioners, and VAT removals.
4) Investment promotion initiatives focusing on manufacturing, agro-processing, agriculture, hotels and housing.
5) Additional recommendations to address issues like VAT refund delays and the minimum tax
The document provides an overview and commentary on Guyana's 2020/21 national budget. Key points include:
- The budget totals $329.5 billion Guyanese dollars and aims to stimulate the economy during COVID-19 while diversifying away from oil and gas.
- VAT and corporate/personal income tax measures were announced to support sectors like agriculture, manufacturing, education and healthcare.
- Infrastructure projects and digitalization initiatives were outlined to support economic growth beyond the energy sector.
- Grants and tax relief for citizens and businesses aim to boost economic activity and make essentials more affordable.
Guyana Exploration & Production Public Co OverviewSteven Jasmin
Smart City Clearing Company Ltd's overview of the active publicly traded companies working in Guyana along with a break down of the ownership stakes of each of the major oil blocks in Guyana South America. Guyana is the world's fastest growing economy.
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
1. Q1-2021 GUYANA HOSPITALITY
MARKET REPORT
GUYANA OFF TO A FAST START AS
A NUMBER OF HOTEL PROJECTS
SET TO BEGIN THIS YEAR
Under the leadership of the new PPP/C Government and it's leader Dr.
Ifraan Ali, Guyana is pushing full steam ahead to fill the 2,000 plus hotel
room deficit the country is currently facing.
Peter Ramsaroop, CEO of G-Invest, Guyana's Investment Agency,
finished the year strong announcing at least 7 new Hotel Projects that are
currently in pre-development extending from the Cheddi Jagan
International Airport all the way to the Ocean front coast of Georgetown.
Minister of Tourism, Industry and Commence Oneidge Walrond said in
public remarks, “This is just a tangible expression of the confidence that
investors have placed in Guyana, and we are quite excited that we have
one of the hotels that we have promised. We have the branded hotels
ready to go, and this is quite an exciting time,”
+1-678-923-9402
+592-663-4720
sjasmin@acaraiproperties.com
S T E V E N J A S M I N
D E V E L O P E R
+592-600-6182
gsingh@acaraiproperties.com
G A V I N S I N G H
D E V E L O P E R
www.acaraiproperties.com
For More Information:
A
DESPITE COMPLICATIONS FROM COVID-19, WORK CONTINUES ON ROBERT BADAL'S PEGASUS SUITES GUYANA
DEVELOPED BY: CHINA HARBOR AND FINANCED BY: REPUBLIC BANK GROUP HOLDINGS
SCHEDULED TO OPEN IN Q4-2021S
2. ACARAI PROPERTIES Q1 2021 GUYANA HOSPITALITY MARKET REPORT
CURRENT PIPELINE
Total Rooms Needed per Government: >2,000
Total Estimated Value of current projects under
development: $500 MM USD
Primary Product Mix: Extended Stay, Select
Services, and Business Hotels
Major international hotel brands are all rushing
to establish a presence in Guyana. Several of
the world's largest hospitality brands seeking
to establish multiple flags in the Frontier
Market of Guyana South America
Guyana currently only has 2 internationally
flagged hotel brands: Marriot Georgetown and
the Princess Ramada
Only Hotel actually in construction is Robert
Badal's Pegasus Suites and Corporate Center
slated for a Q3 2021 Opening
The world's fastest growing economy has one of
the most active Hospitality development pipelines
in the world.
Quick Facts:
www.acaraiproperties.com
Sector Highlights Q1 2021
*Based on publicly available data, all projects subject to change
*Current Concept Drawings from
some of the Announced Projects