Tag: Stabroek Block

Guyana’s recoverable oil resources increased to approximately 10 billion oil equivalent barrels with newest Cataback-1 well discovery

Staff Writer Staff Writer- October 7, 2021

Guyana currently has the 3rd highest oil reserves in the Latin America and Caribbean Region, and as the petroleum sector ... Read More

Government of Guyana welcomes new Offshore Oil Discoveries

Government of Guyana welcomes new Offshore Oil Discoveries

Staff Writer Staff Writer- September 9, 2021

- new discoveries position Guyana to exceed a total of 9 billion oil-equivalent barrels The Ministry of Natural Resources on ... Read More

Liza Unity FPSO begins voyage to Guyana

Liza Unity FPSO begins voyage to Guyana

Mikaila Prince Mikaila Prince- September 9, 2021

─ set to arrive in November The Liza Unity floating production storage and offloading vessel (FPSO) or Guyana’s second oil ... Read More

Press Release – EPA Issues Environmental Permit for the Payara Project

Press Release – EPA Issues Environmental Permit for the Payara Project

Staff Writer Staff Writer- September 30, 2020

The Environmental Protection Agency (EPA) on September, 24, 2020, issued an Environmental Permit valid for 5 years, to Esso Exploration ... Read More

Statement by the Minister of Natural Resources Hon. Vickram Bharrat, M.P.

Statement by the Minister of Natural Resources Hon. Vickram Bharrat, M.P.

Staff Writer Staff Writer- September 8, 2020

Greetings All, Fellow Guyanese, as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure ... Read More

Stabroek block’s fiscal terms in line with other frontiers – Wood Mackenzie

Stabroek block’s fiscal terms in line with other frontiers – Wood Mackenzie

Anara Khan Anara Khan- July 31, 2020

DPI, Guyana, Friday, July 31, 2020 Oil and gas industry analyst Wood Mackenzie in its recent report stated that compared ... Read More

ExxonMobil discovers more high-quality reservoirs in Stabroek Block

ExxonMobil discovers more high-quality reservoirs in Stabroek Block

Anara Khan Anara Khan- July 29, 2020

DPI, Guyana, Wednesday, July 29, 2020 US oil giant ExxonMobil has recently discovered two more high-quality oil reservoirs in the ... Read More

COVID-19 Alert!

Coronavirus disease spreads primarily through contact with an infected person when they cough or sneeze. It also spreads when a person touches a surface or object that has the virus on it, then touches their eyes, nose, or mouth. We urge citizens to practice good hygiene and social or physical distancing also adhere to the guidelines provided by the Ministry of Health, Guyana.