Tag: Production Sharing Agreement
Playing with fire: The hidden cost of unilaterally renegotiating the 2016 PSA
Since oil production began in December 2019, Guyana has received over US$5 billion in revenues. But could the country get ... 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
Actions must judge Gov’t management of oil and gas industry – VP Jagdeo
When it comes to the management of Guyana’s oil and gas industry, it is essential to judge a government’s performance ... Read More
Govt. guaranteed profits in agreement with ExxonMobil
―Criticism unnecessary, not well founded. Min. Trotman DPI, Guyana, Friday November 29, 2019 Minister of Natural Resources, the Hon. Raphael ... Read More
Department of Energy designing new model PSA
DPI, Guyana, Thursday, November 8, 2018 The Department of Energy is drafting new model Production Sharing Agreements (PSAs) for future ... Read More
Min. Gaskin corrects Teixeira’s misinformation on Exxon’s PSA with the government
DPI, GUYANA, Wednesday, April 4, 2018 Minister of Business, Dominic Gaskin, today corrected Opposition Member of Parliament (MP) and Chief ... Read More
Govt to release all petroleum contracts
DPI, GUYANA, Thursday, January 25, 2018 Minister of Natural Resources, Raphael Trotman has said the government will release contracts with ... Read More
Gov’t to revise Production Sharing Agreement
DPI, GUYANA, Tuesday, November 28, 2017 As Guyana embraces its status as an oil producing nation Minister of Finance, Winston ... Read More
Gov’t to pronounce on ExxonMobil’s contract soon
DPI/GINA, GUYANA, Wednesday, May 31, 2017 Minister of Natural Resources Raphael Trotman said that the government is in the process ... Read More