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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Article
Guyana will be among the top five elite global offshore producers by 2035 – Rystad Energy -
Article
Guyana’s Offshore Drilling Bonanza Is Just Getting Started -
Article
Oil exploration in Guyana-Suriname Basin heats up -
Article
New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035 -
Article
Guyana Is the Most Exciting Story in the World Oil Market
News and Publications
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Guidelines
Local Content Half-Yearly Report Guideline -
Guidelines
Local Content Master Plan Submission Guideline -
Guidelines
Local Content Annual Plan Submission Guideline -
Guidelines
Guidelines on Procurement and Bid Evaluation of Guyanese Companies -
Guidelines
Guidance on the Application for Sole Source Approval
Oct 19 2022
Guyana National Bureau of Standards - Adoption of Standards
Guyana National Bureau of Standards - Adoption of Standards
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…