The government of Guyana releases another Petroleum Agreement
The Ministry of Natural Resources is making available for public scrutiny, yet another contract between the Government of the Cooperative Republic of Guyana and companies in the petroleum sector. The Ministry now makes available the contract with Anadarko Petroleum Corp.
The contract document is available on the Department of Public Information’s (DPI’s) and the Ministry’s websites: dpi.gov.gy and www.nre.gov.gy
Anadarko Petroleum Corporation is US owned and operates as an oil and gas exploration company. The Company acquires, explores, develops, produces, and markets oil and natural gas.
In 2012, the company was granted an exploration licence for the Roraima block offshore Guyana. In October 2013, while conducting geophysical survey on behalf of Anadarko, the research vessel MV Teknik Perdana was ordered out of Guyana’s Exclusive Economic Zone by the Venezuelean Navy and escorted to the island of Margarita. The Research vessel had at least five US citizens onboard.
Following this incident, Anadarko halted operations in Guyana until July 2015 when company officials met with the Minister of Natural Resources Hon. Raphael Trotman and restated the company’s interest in drilling for oil in the licenced area.
Click here to read agreement: PETROLEUM AGREEMENT BETWEEN THE GOVERNMENT OF GUYANA AND ANADARKO – Final
