Tag: PSA

Gov’t emphasises ‘arm’s length’ relationship with Exxon

Gov’t emphasises ‘arm’s length’ relationship with Exxon

- April 15, 2024

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

Gov’t committed to maximising benefits for Guyanese despite lopsided Exxon contract – AG Nandlall

- April 14, 2024

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

Actions must judge Gov’t management of oil and gas industry – VP Jagdeo

- March 16, 2024

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

Work programme critical in issuing exploration licences to companies awarded oil blocks – Min. Bharrat

- November 10, 2023

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

Fiscal regime of Stabroek Block PSA too liberal – Dr. Jagdeo

- December 23, 2020

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

ExxonMobil honours PSA, Relinquishes 20% of Canje Block

- July 30, 2019

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

Department of Energy designing new model PSA

- November 8, 2018

DPI, Guyana, Thursday, November 8, 2018 The Department of Energy is drafting new model Production Sharing Agreements (PSAs) for future ... Read More

Gov’t to revise Production Sharing Agreement

Gov’t to revise Production Sharing Agreement

- November 28, 2017

DPI, GUYANA, Tuesday, November 28, 2017 As Guyana embraces its status as an oil producing nation Minister of Finance, Winston ... Read More