MEDIA STATEMENT – Guyana’s recoverable oil resources increased to approximately 10 billion oil equivalent barrels with newest Cataback-1 well discovery

MEDIA STATEMENT Guyana’s recoverable oil resources increased to approximately 10 billion oil equivalent barrels with newest Cataback-1 well discovery Guyana currently has the 3rd highest oil reserves in the Latin America and Caribbean Region, and as the petroleum sector continues to drive the country’s economic growth, the Ministry of Natural…

Continue reading

GoG welcomes new Offshore Oil Discoveries

– new discoveries position Guyana to exceed a total of 9 billion oil-equivalent barrels The Ministry of Natural Resources on behalf of the Government of Guyana is pleased to announce Guyana’s newest Oil Discovery by Exxon Exploration and Production Guyana (EEPGL) and partners at Pinktail Offshore Guyana, within the Stabroek…

Continue reading