Tag: Stabroek Block

Guyana, India to sign MoU to boost cooperation in oil and gas sector – VP Jagdeo

Guyana, India to sign MoU to boost cooperation in oil and gas sector – VP Jagdeo

- February 26, 2023

Vice President, Dr Bharrat Jagdeo, who is in India on an official visit, has disclosed that a memorandum of understanding ... Read More

Gas-to-Energy Project set to power economic growth, energy security

Gas-to-Energy Project set to power economic growth, energy security

- February 14, 2023

Guyana’s gas-to-energy project involves the development and utilisation of natural gas resources for domestic power generation as well as other ... Read More

Gov’t maximising oil and gas resources to benefit all Guyanese – Min. Bharrat

Gov’t maximising oil and gas resources to benefit all Guyanese – Min. Bharrat

- February 13, 2023

Natural Resources Minister, Vickram Bharrat has restated government’s commitment to maximising efforts in the oil and gas sector to the ... Read More

We must ensure Guyanese benefit from the future we are building – PM

We must ensure Guyanese benefit from the future we are building – PM

- November 8, 2022

Prime Minister, Brigadier (Ret’d), the Honourable Mark Phillips said that in order to ensure Guyana’s long-term economic development, particularly in ... Read More

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

GoG welcomes two new Offshore Oil Discoveries

GoG welcomes two new Offshore Oil Discoveries

- October 26, 2022

- oil production set to exceed 1 million barrels per day by 2030 The Ministry of Natural Resources on behalf ... Read More

More oil discoveries to benefit Guyanese – Min. Bharrat

More oil discoveries to benefit Guyanese – Min. Bharrat

- July 27, 2022

─ as Exxon announces more offshore discoveries Government has welcomed the latest oil discoveries announced by US oil giant ExxonMobil, ... Read More

Guyana continues to record Offshore Oil Discoveries within the Stabroek Block

Guyana continues to record Offshore Oil Discoveries within the Stabroek Block

- July 26, 2022

-GoG welcomes two new discoveries as oil exploration and development yield positive results In compliance with the principles of transparency ... Read More