Petroleum Management Programme
To promote and support the exploration, development, and production of petroleum (oil and gas) resources by regulating, managing, and monitoring the industry to ensure that the resources are developed in an economically viable manner to attain an improved level of national prosperity that will provide for maximum economic benefits for all Guyanese
Announcement
What's New
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Procurement
Office of the Prime Minister - RFP - Phase II - Gas to Energy Project -
Article
Competitive Bidding Round Petroleum Exploration Licence Application Submission Status October 15th 2024 -
Procurement
Request for Proposals (RFP) - Phase II - Gas to Energy (GTE) Project -
Procurement
Ministry of Natural Resources - ITB - Provision of Marketing Services for the Cooperative Republic of Guyana’s Oil Entitlement -
Procurement
Ministry of Natural Resources - Request for Expression of Interest - 3D Multi-Client Seismic Survey Offshore Guyana
News and Publications
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Guidelines
Procurement and Bid Evaluation Guideline -
General, Reports, Annual Reports
Public Accountability and Oversight Committee - Annual Report 2023 -
Natural Resource Fund, Reports, Annual Reports
Natural Resource Fund - Annual Report 2023 -
Reports
IHS Markit “Final” Audit Report for the Stabroek Block Cost Recovery Audit – 1999 – 2017 -
Reports
VHE’s “Initial” Audit Report for the Stabroek Block Cost Recovery Audit – 2018 to 2020
Nov 14 2023
Gov’t welcomes first oil at Prosperity FPSO
MEDIA RELEASEGov’t welcomes first oil at Prosperity FPSO Kingston, Georgetown, Guyana (November 14, 2023) The Government of Guyana is pleased to announce the occurrence of first oil on the…
Exploration
ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. Explore activities of various operators in the Guyana Basin.
Explore NowThe Programme in Action
Nov 25, 2020
Final Local Content Report submitted to Natural Resources Minister
Understanding the critical nature of the review of policy initiatives on local content in the petroleum sector, the Local Content Panel has submitted the final report for the development of Guyana’s Local Content Policy and Legislation.
Sep 03, 2020
Draft agreement for Payara development under discussion – Vickram Bharrat
A draft agreement for the Payara development has been formulated and will be discussed today by a high-level team comprising individuals from ExxonMobil and the Department of Energy.
Aug 15, 2020
Team of international experts reviewing Payara contract
The current review has been undertaken by the Energy Department for more than seven months. The Department contracted Bayphase Oil and Gas Consultants at a sum of US$386,830 which commenced in December 27, 2019. There was a first contract extension (no cost) to July 27, 2020 and a second…