30 Oct 2024
The Government of Guyana (GoG), through the Ministry of Natural Resources (MNR), has been informed by ExxonMobil Guyana Limited (EMGL) and Hess Guyana (Block B) Exploration Limited (Hess) of their intent to withdraw from the Kaieteur Block. EMGL and Hess hold a 35% and 20% participating interest res…
30 Oct 2024
Kingston, Georgetown, Guyana (October 30, 2023) The Government of Guyana, through the Ministry of Natural Resources (MNR), is pleased to announce the initiation of a public consultation for Guyana's Gas Monetization Strategy, as promised byHis Excellency Dr Mohamed Irfaan Ali.
This strategy …
30 Oct 2024
Kingston, Georgetown, Guyana (November 14, 2023) The Government of Guyana is pleased to announce the occurrence of first oil on the Prosperity Floating Production Storage and Offloading (FPSO) vessel in the Payara Petroleum Production Licence area. The Payara development was approved in Se…
26 Jul 2023
MEDIA STATEMENTGov’t extends Guyana 2022 Licensing Round schedule
Kingston, Georgetown, Guyana (July 26, 2023) The Ministry of Natural Resources, on behalf of the Government of Guyana, is pleased to announce the extension of the Guyana 2022 Licensing Round’s bid submission deadline to Tuesda…
20 Jul 2023
Natural Resource Fund and Public Accountability and Oversight Committee 2022 Annual Reports
The 2022 annual reports for the Natural Resource Fund and the Public Accountability and Oversight Committee have been published. To access the documents, select the respective links below.…
27 Apr 2022
-discoveries add to almost 11 billion barrels of oil equivalent
The Government of Guyana through the Ministry of Natural Resources, in compliance with the principles of transparency and accountability, is pleased to announce three new oil-field discoveries by Exxon Exploration and Producti…
07 Oct 2021
MEDIA STATEMENTGuyana’s recoverable oil resources increased to approximately 10 billion oil equivalent barrels with the newest Cataback-1 well discovery
Guyana currently has the 3rd highest oil reserves in the Latin America and Caribbean Region, and as the petroleum sector continues to drive the …
16 Sep 2021
– new discoveries position Guyana to exceed a total of 9 billion oil-equivalent barrels
The Ministry of Natural Resources on behalf of the Government of Guyana is pleased to announce Guyana’s newest Oil Discovery by Exxon Exploration and Production Guyana (EEPGL) and partners at Pinktail Offshore…