Guyana’s first EITI validation set to commence in October

Guyana Location (OilNow) Even as Guyana prepares for the compilation and publication of its second Extractive Industries Transparency Initiative (EITI) Report for fiscal year 2018, the country is rapidly getting set for its first EITI validation, due to commence in October 2020. Over the past several weeks, staff of the Guyana EITI Secretariat, members of the […]
Stabroek block’s fiscal terms in line with other frontiers – Wood Mackenzie

stabroek block Oil and gas industry analyst Wood Mackenzie in its recent report stated that compared to other countries with similar circumstances, Guyana’s Stabroek Block fiscal terms ranks well. The website OilNOW reported that the company had benched marked the Stabroek Production Sharing Agreement (PSA) against countries with similar characteristics. This showed that Guyana’s terms […]