News

Latest News impacting the Oil and Gas Industry in Guyana

Minister of Natural Resources, Vickram Bharrat
  • 19-Oct-2020
2,000 acres of land needed to facilitate gas-to-en…

– Three locations being considered, project to come on stream next year By Navendra Seoraj CLOSE to 2,000 acres of land is required for the construction of a power plant to facilitate the…

Article Image
  • 30-Sep-2020
ExxonMobil to proceed with Payara development offs…

IRVING, Texas – ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project…

Minister of Natural Resources, Hon. Vickram Bharrat
  • 23-Sep-2020
Petroleum task force to explore gas to shore

Minister of Natural Resources, Hon. Vickram Bharrat says a petroleum task force will soon be set up and will explore the possibilities of bringing natural gas to shore as the administration…

Vickram Bharrat - Guyana’s Minister of Natural Resources.
  • 16-Sep-2020
Department of Energy remains operational, actively…

(OilNow) Guyana’s Minister of Natural Resources, Vickram Bharrat, told Members of Parliament on Tuesday that the Department of Energy (DE) remains operational and is actively involved in the…

Exxon
  • 11-Sep-2020
ExxonMobil among big players set to participate in…

(OilNow) A high-powered lineup including oil and gas industry leaders, and officials from the Guyana and Barbados Governments will participate in the inaugural Caribbean Virtual Oil and Gas Summit…

Minister of Public Works, the Hon. Bishop Juan Edghill, presenting the 2020 Budget
  • 11-Sep-2020
Oil revenues will be spent on improving the liveli…

“The oil resource belongs to the people of Guyana. We will ensure that oil revenue works for all Guyanese, and is spent on improving people’s lives and in support of job creation,” Minister of…

Concessions
  • 08-Sep-2020
Different terms for other blocks – Guyana Vice Pre…

Speaking at a press conference on Monday, Guyana’s Vice President, Bharrat Jagdeo, reaffirmed the  government’s position on the Stabroek Block Production Sharing Agreement (PSA), noting that…

Ship Offshore Guyana
  • 08-Sep-2020
Statement by the Minister of Natural Resources Hon…

Greetings All, Fellow Guyanese, as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to announce Guyana’s 18th Offshore Oil Discovery at…

The hull for the Liza Unity FPSO, Guyana's second oil production complex.
  • 07-Sep-2020
Caribbean Council panel discussion to focus on Guy…

(OilNow) As Guyana continues to come to terms with its new economic prospects, two young Guyanese professionals will be part of a virtual oil and gas panel discussion hosted by The Caribbean…