Tag: Oil and Gas
President Ali to launch flagship five-year blueprint for rapid economic expansion and transformative infrastructure
President Dr Mohamed Irfaan Ali on Friday evening announced that the government of Guyana will soon unveil a comprehensive national economic ... Read More
Guyana secures US$15M signing bonus for new oil agreement
Guyana has secured a US$15 million signing bonus from a new Production Sharing Agreement (PSA) signed on Tuesday with a ... Read More
Legislation, regulatory measures to strengthen oil and gas industry
The government’s upcoming parliamentary agenda will include legislative and regulatory measures aligned with its broader plans for the oil and ... Read More
Guyana praised for balancing economic development, environmental sustainability – Min Bharrat
Guyana’s oil and gas sector is being hailed as one of the best-managed among new oil-producing nations. Minister of Natural ... Read More
PPP/C outshines political rivals in experience, policy, vision
-Jagdeo says parties yet to present oil and gas policy Unlike other political parties contesting the September 1 general and ... Read More
Guyana gets higher returns than oil companies from Stabroek Block
Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, Guyana has been ... Read More
Natural Resource Fund 101: What every Guyanese should know
Nearly four years ago, the National Assembly erupted into chaos as lawmakers clashed over a piece of legislation that would ... Read More
Nearly 100 per cent job placement for 3,000 Guyanese trained in oil and gas
The government’s drive to include citizens in the rapidly growing oil and gas sector is beginning to yield results. Thanks ... Read More
No agreement with Fulcrum LNG before September 1 – VP Jagdeo
-Other oil exploration agreements on pause Vice President Dr Bharrat Jagdeo has announced that the government will not sign any ... Read More
President Ali hails launch of Guyanese subsea services firm
- Orinduik Marine Services (OMS) to train Guyanese in subsea diving services, support O&G industry The launch of Orinduik Marine Services ... Read More