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
ProcurementMinistry of Natural Resources - IFB - the Provision of Marketing Services for the Cooperative Republic of Guyana’s Oil Entitlement from Lot 1 - Liza Destiny FPSO Vessel, Lot 2 - Liza Unity FPSO Vessel and Lot 3 – Payara Prosperity FPSO Vessel
ProcurementRFP - Engineering, Procurement and Construction (EPC) Services for the construction of a Building for the Guyana National Control Centre
ArticleCost Recovery Audit Update
ArticleGov’t extends Guyana 2022 Licensing Round schedule
ProcurementMinistry of Natural Resources - RFI - Consultancy Services - Independent Administrator Services for Preparation of Guyana's 5th EITI Report
Aug 24 2023
COST RECOVERY AUDIT UPDATE Gov’t working diligently to complete audits of Stabroek Block’s costs Kingston, Georgetown, Guyana (August 23, 2023) The Ministry of Natural Resources (MNR)…
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…