Tag: PSA
Response to Kaieteur News
The Ministry of Natural Resources takes this opportunity to respond to the Kaieteur News article, headlined ‘New PSA mirrors Stabroek ... 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
AG dismisses calls for referendum on Exxon contract
Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall, SC, has dismissed calls for a referendum on the ExxonMobil ... Read More
Gov’t emphasises ‘arm’s length’ relationship with Exxon
Attorney General and Minister of Legal Affairs, SC, Mohabir Anil Nandlall has assured that the relationship with oil giant ExxonMobil ... Read More
Gov’t committed to maximising benefits for Guyanese despite lopsided Exxon contract – AG Nandlall
Although the terms of the existing contract with oil giant ExxonMobil are not ideal, Attorney General and Minister of Legal ... 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
Work programme critical in issuing exploration licences to companies awarded oil blocks – Min. Bharrat
With some six companies awarded oil blocks within Guyana’s deep and shallow waters for exploration, the government is key on ... Read More
Fiscal regime of Stabroek Block PSA too liberal – Dr. Jagdeo
Vice President Dr. Bharrat Jagdeo, today, said the fiscal regime of the Production Sharing Agreement (PSA) between the Government and ... Read More
ExxonMobil honours PSA, Relinquishes 20% of Canje Block
DPI, Guyana, Tuesday, July 30, 2019 In accordance with the Production Sharing Agreement (PSA) that ExxonMobil has with Guyana, the ... 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