Highlights 14 blocks for tender for shallow water and deepwater areas combined Contractual commitments and relinquishment obligations to ensure expeditious development of oil and gas resources Improved fiscal terms that provide a greater balance of the share of revenue between the government and contractor while maintaining Guyana’s competitive edge in…
The Government of Guyana through the Ministry of Natural Resources wishes to state that the services of Mr. Carlos Barberán Diez, an individual consultant was terminated by the current government on September 13, 2020, in connection with a corrupt practice as part of the Petroleum Governance and Management Project in…
-oil production set to exceed 1 million barrels per day by 2030 The Ministry of Natural Resources on behalf of the Government of Guyana is once again pleased to announce Guyana’s newest oil discoveries by ExxonMobil at Sailfin-1 and Yarrow-1 Offshore Guyana, within the Stabroek Block. The Government of Guyana…
Kingston, Georgetown, Guyana – (October 21, 2022) The Ministry of Natural Resources continues its critical work of ensuring that the oil and gas sector is prudently managed and that it benefits all stakeholders. In keeping with this, Minister of Natural Resources Hon. Vickram Bharrat M.P., signed the Local Content Master…
