Capacity being built to monitor and verify reports on Exxon’s costs, emissions – Vice President
Guyana’s Vice President, Dr. Bharrat Jagdeo reiterated yesterday that the government has every intention of ensuring the oil sector is not only led by locals but properly monitored as he noted that capacity building is underway to achieve same. In this regard, the official noted that efforts are being made to build capacity within the […]
Draft agreement for Payara development under discussion – Vickram Bharrat
(OilNow) 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. In August, the newly elected government in Guyana had engaged a team headed by former Premier of Alberta, Canada, Alison Redford QC, to review the work […]
Guyana Civil Aviation Authority issues new directive for operators of helipads/helidecks
(Oil Now) The Guyana Civil Aviation Authority (GCAA) has issued a new directive mandating all operators of helidecks/heliports/helipads to be subject to approvals in accordance with the International Civil Aviation Organization (ICAO) Annex 14, Volume II and ICAO Document 9261 ‘Heliport Manual’. The directive was published in the Official Gazette of August 22, 2020, in […]
Local content legislation for Guyana Parliament by year-end
(Oil Now) Draft local content legislation should be ready for Parliament by the end of the year in South America’s newest oil producing nation – Guyana – where the recently installed government has been advocating for more benefits for the country and its people from the vast offshore petroleum resources. “We are moving swiftly. We’re […]
Govt putting Guyanese first with new oil and gas legislations
(DPI) The People’s Progressive Party Civic (PPP/C) Government will be moving ahead with legislations in the 12th Parliament that will see Guyanese benefitting holistically from the oil and gas sector. Honoring a promise outlined in its manifesto and a subject championed on the 2020 campaign trail, the new government said every Guyanese must share in […]
Team of international experts reviewing Payara contract
– Aims to ensure the interests of all Guyanese are protected The Ministry of Natural Resources recently announced the review of the Esso Exploration and Production Guyana Limited’s (EEPGL) Payara contract and, in the interest of transparency and accountability, would like to highlight the following facts relating to the review. The current review has been […]
Petroleum Commission to be established
— Jagdeo says all Guyanese must benefit from oil wealth By Rabindra Rooplall GOVERNMENT will establish an Oil and Gas Commission, and an Advisory Committee that will be managed by technically-competent Guyanese, while the Minister of Natural Resources will only focus on the policy inputs and directions. This is according to Dr. Bharrat Jagdeo at […]