Tag: Stabroek Block
Guyana, India to sign MoU to boost cooperation in oil and gas sector – VP Jagdeo
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
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
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
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
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
- 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
─ 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
-GoG welcomes two new discoveries as oil exploration and development yield positive results In compliance with the principles of transparency ... Read More