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Media Type: Regulatory News

Draft Petroleum Activities Bill 2023

MEDIA RELEASE Gov’t releases draft Petroleum Activities Bill 2023 Kingston, Georgetown, Guyana (June 19, 2022) The Ministry of Natural Resources, on behalf of the Government of Guyana, announces the release of the Draft Petroleum Activities Bill of 2023 for public consultation. The Petroleum Activities Bill is intended to replace the Petroleum (Exploration and Production) Act […]

Retraction of 2020 guidelines will not affect EIAs – EPA assures

(OilNow) As public scoping meetings continue in Guyana ahead of the Environmental Impact Assessment (EIA) for the US$900 million gas-to-energy project, some concerns have been raised about the move by the Environmental Protection Agency (EPA) to withdraw its 2020 EIA guidelines. But the EPA in response, has assured that this will have no bearing on […]

Guyana looking to establish beneficial ownership register

Guyana’s Minister of Natural Resources, Vickram Bharrat has revealed that the Government is moving to create a beneficial ownership register. This was disclosed during his address to Guyana Extractive Industry Transparency Week (GYEITW) on Monday. Mr. Bharrat told the virtual participants that the government has issued a request for proposals to solicit expressions of interest […]

Guyana regulators internationally trained to measure crude lifts

Guyana’s multi-billion-barrel hydrocarbon discoveries and the start of oil production operations have seen institutions playing being trained to monitor and regulate a sector that was practically non-existent prior to the 2015 world class Liza oil strike by ExxonMobil. Key to this is the training and expertise required to accurately measure oil being lifted offshore. This […]

Exxon to pay US$1.3M for excess flaring –Vice President

Vice President, Hon. Dr. Bharrat Jagdeo today said the Government expects to rake in about US$1.3 million in fees from ExxonMobil for excess flaring. This was revealed during a press conference at the Arthur Chung Conference Centre, on Thursday.   The Vice President said Exxon’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), applied […]

EPA Issues a Modified Environmental Permit to EEPGL for the Liza 1 Project

The Environmental Protection Agency (EPA) wishes to advise that the Environmental Permit for the Liza 1 Development Project, Offshore Guyana, was recalled and modified to include specific regulatory requirements for flaring of associated gas offshore Guyana, in accordance with the EPA’s legislation. Due to technical issues offshore Guyana, Esso Exploration and Production Guyana Limited (EEPGL) […]

Notice to the Public – Yellowtail Development Project

Esso Exploration and Production Guyana Limited (EEPGL)has submitted an Application to the Environmental Protection Agency (EPA) for Environmental Authorisation to undertake the following project: Yellowtail Development Project of Production Facilities for Petroleum Production within the Stabroek License Area, Offshore, Guyana. The proposed project will be implemented in multiple stages including: wellsdrilling and completions, mobilization and […]

Open bidding process for the awarding of new oil blocks – President Ali

– Says Government may consider managing some blocks His Excellency Dr Irfaan Ali said that when the Government is ready to award new oil blocks, the process will be done transparently to ensure that the best offer is received. President Ali was responding to questions from the media at a Presidential Press Conference held yesterday […]