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14 blocks up for grabs in Guyana’s first offshore oil & gas licensing round

The Guyana 2022 licensing round has been launched by the country’s Ministry of Natural Resources, offering 14 blocks for bids in the shallow and deepwater areas.

Guyana will be among the top five elite global offshore producers by 2035 – Rystad Energy

With ExxonMobil and partners fast-tracking exploration and development projects in Guyana, the country is set to rank in the top five-list of elite global producers by 2035.

Guyana’s Offshore Drilling Bonanza Is Just Getting Started

After a swath of high-quality oil discoveries by an ExxonMobil-led consortium in offshore Guyana, which have identified at least 11 billion barrels of recoverable oil resources, have catapulted th

New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035

As the Biden administration focuses on its efforts to end new leasing and drilling for oil and gas in the Gulf of Mexico and other U.S.

Guyana Is the Most Exciting Story in the World Oil Market

We talk a lot about the US shale boom. And we talk a lot about OPEC.

Booming Guyana sets offshore oil auction under revamped fiscal terms

Nov 3 (Reuters) - Guyana, one of the world’s hottest oil drilling zones, will offer 14 offshore exploration blocks under terms that “significantly” increase its share of oil revenue, the South Ame

Guyana Prepares for Competitive Oil and Gas Bidding Round 2022

The Government of Guyana (GoG) is preparing to launch its first bidding round for offshore
exploration and production of hydrocarbon blocks. Cabinet is finalising the new fiscal terms and

Gov’t announces wave of enhanced fiscal terms for first offshore oil and gas competitive licensing round highlights

• 14 oil blocks available for bidding;
• Greater, competitive fiscal terms: 2% royalty increased to 10%; 76% cost recovery ceiling reduced to 65%; where there was none before, a 10% corpo

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Guyana National Bureau of Standards - Adoption of Standards

Guyana National Bureau of Standards - Adoption of Standards