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…

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Keynote Address by Hon. Vickram Bharrat, M.P., Minister of Natural Resources – CARVIS 2020

Keynote Address Caribbean Virtual Oil & Gas Business Summit (CARVIS) September 15-17, 2020 Hon. Vickram Bharrat, M.P., Minister of Natural Resources “The Way Forward for Guyana’s Emerging Petroleum Sector” Heads of Government, Members of the International and Diplomatic Communities, senior representatives of various oil and gas companies, distinguished speakers and…

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Statement by the Minister of Natural Resources Hon. Vickram Bharrat, M.P., on Guyana’s 18th Offshore Oil Discovery at the Redtail-1 exploration well

  Greetings All, Fellow Guyanese, as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to announce Guyana’s 18th Offshore Oil Discovery at the Redtail-1 exploration well. This will add to the estimated recoverable resource of more than 8 billion oil- equivalent barrels on…

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