Govt remains committed to transparent, accountable management of oil resources – Min Bharrat
As the International Energy Conference came to an end on Thursday, Natural Resources Minister, Vickram Bharrat participated in a panel discussion during which he...
Projects underway to improve energy for off-grid, micro-grid hinterland areas – PM
As part of the government’s aggressive energy transition programme, Prime Minister Brigadier (Ret’d) Mark Phillips said several projects are currently underway to improve access...
Gas-to-shore project: 21 EoIs being reviewed for construction of power plant, NGL plant –...
Some 21 companies have submitted Expressions of Interest (EoIs) to be pre-qualified for the construction of the natural gas-fired power plant and the natural...
Growing interest by oil companies in re-exploring Takutu Basin
There has been growing interest by oil companies in re-exploring the Takutu Basin, located in the southern part of Guyana close to the Brazilian...
Govt receives several proposals to set up national oil company – Vice President
…says all decisions on future blocks to be made in 3rd quarter
Proposals have been received from various oil operators in Guyana’s waters for them...
Work to start this year on model PSA for future oil deals – Bharrat
…huge chunk of $200M World Bank funding to be used
Work is expected to start this year on a model Production Sharing Agreement (PSA) that...
GOGEC lauds commencement of ExxonMobil’s second development
See below for GOGEC's statement on ExxonMobil's commencement of Production from its second development:
The Guyana Oil & Gas Energy Chamber (GOGEC) wishes to commend...
Employers to face hefty fines for labour breaches – Hamilton
…as legislative revision continues
After the revision of legislation for the labour sector, employers found in breach of the laws will be slapped with hefty...
Foreign oil companies updated on hiring conditions, hiring policies
- PM says favourable labour conditions paramount in sustaining oil sector
Companies operating in the oil and gas sector have been charged again to guarantee...
Review of Yellowtail Field Development Plan to wrap up by March – VP Jagdeo
– says when all criteria met, licence would be awarded
The review of oil giant ExxonMobil’s Yellowtail Field Development Plan (FDP) is expected to be...