Tag: Hon. Vickram Bharrat M.P.

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

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

- November 4, 2022

14 oil blocks available for bidding; Greater, competitive fiscal terms: 2% royalty increased to 10%; 76% cost recovery ceiling reduced ... Read More

Gov’t endorses Stabroek Block operator’s local content Master Plan

Gov’t endorses Stabroek Block operator’s local content Master Plan

- October 28, 2022

The Ministry of Natural Resources continues to judiciously manage Guyana’s oil and gas sector so that benefits may be derived ... Read More

Gov’t greenlights more five-year local content plans of oil and gas support companies

Gov’t greenlights more five-year local content plans of oil and gas support companies

- October 21, 2022

The Ministry of Natural Resources continues its critical work of ensuring that the oil and gas sector is prudently managed ... Read More

Yellowtail offshore development project approved

Yellowtail offshore development project approved

- April 1, 2022

- with enhanced environmental safeguards and operator regulation by local and international experts The Government of Guyana and Esso Exploration and Production ... Read More

$32M in flood relief distributed to East Bank farmers

$32M in flood relief distributed to East Bank farmers

- October 30, 2021

Minister of Natural Resources, Hon. Vickram Bharrat M.P. on Saturday spearheaded the distribution of $32 million worth in cheques to ... Read More

Statement by Hon. Vickram Bharrat M.P., Minister of Natural Resources on the hosting of the International Energy Conference and Expo

Statement by Hon. Vickram Bharrat M.P., Minister of Natural Resources on the hosting of the International Energy Conference and Expo

- September 29, 2021

The Ministry of Natural Resources welcomes this event and is pleased to be associated with the International Energy Conference and ... Read More

Natural Resources Stakeholders applaud transformative budget measures

Natural Resources Stakeholders applaud transformative budget measures

- September 9, 2020

Stakeholders within the Natural Resources Sectors welcome the recent transformational emergency budget measures announcement by the President of the Cooperative ... Read More

COVID-19 Alert!

Coronavirus disease spreads primarily through contact with an infected person when they cough or sneeze. It also spreads when a person touches a surface or object that has the virus on it, then touches their eyes, nose, or mouth. We urge citizens to practice good hygiene and social or physical distancing also adhere to the guidelines provided by the Ministry of Health, Guyana.