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
ArticleExclusive: Indian, European oil firms evaluating bids for Guyana blocks
ArticleGuyana National Bureau of Standards - Adoption of Standards
ArticleBuilding momentum for growth: Guyana 2022 Licensing Round could inject additional capital in one of the world’s fastest growing super basins
ProcurementMinistry of Natural Resources -ITP - Consulting Services for the Review and Evaluation of Field Development Plans
ArticleGuyana's Gov. launches the first licensing round for offshore oil and gas exploration and production
The Programme in Action
Nov 25, 2020
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
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
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…