(Reuters, 6.May.2022) — Guyana is in “no rush” to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive […]
Tag: Vickram Bharrat
Game Changing Local Content Bill Passed in Guyana
(DPI, 30.Dec.2021) — “We want to ensure that with this Bill, Guyanese reap the benefits from the oil and gas sector. This bill will help us to truly assess our […]
Guyana Proposes Establishment of Local Content Register in Historic Bill
(DPI, 18.Dec.2021) — As part of the Local Content Bill, the government is proposing the establishment of a Local Content Register said to be developed and maintained by the Local […]
Aramco Trading To Market Guyana’s Oil For One Year
(Stabroek News, 15.Sep.2021) — Already coming out with the best responsive bid during evaluation for the one-year contract to market Guyana’s oil, Saudi Arabian company, Aramco Trading Limited, was also […]
Guyana, Suriname Eye Further Drilling
(Reuters, 18.Aug.2021) — Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government […]
Guyana Opts Against LT Supply Deal With India
(Reuters, 10.Aug.2021) — Guyana’s Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian refiner, the highest figure since […]
Guyana Re-launches Search For Co. To Market Govt’s Oil
(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s coast to make the tender […]
Exxon To Change Compressor Manufacturer On Liza Unity, Prosperity
(DPI, 3.May.2021) — Minister of Natural Resources, Hon. Vickram Bharrat said ExxonMobil’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), will switch the manufacturer of the compressor equipment it […]
India In Talks With Guyana For Long-Term Crude Supply
(Reuters, 25.Apr.2021) — India, the world’s third-largest crude consumer and importer, has approached Guyana’s government about a possible long-term deal to buy the South American country’s oil, a Guyanese official […]
Guyana Basins Summit (GBS) Energy Highlights
(Energy Analytics Institute, 22.Mar.2021) — Commentaries, quotes, data and other highlights from the Guyana Basins Summit (GBS) held virtually from 17-19 March 2021 and from speakers from Guyana’s President Mohamed […]
Guyana Basins Summit Day 1 Recap
(Energy Advance, 17.Mar.2021) — Yesterday saw his Excellency Hon. Dr. Mohamed Irfaan Ali, President, Co-operative Republic of Guyana open the Guyana Basins Summit and declare Guyana is a sleeping giant […]
Guyana Still Searching For Oil Marketer
(Argus, 11.Mar.2021) — Guyana is preparing a revised tender to market its crude entitlement from the ExxonMobil-operated deepwater Stabroek block after cancelling an earlier request for proposals last month, natural […]
Forestry Commission To Be Fully Operational Again
(DPI, 4.Jan.2021) — Minister of Natural Resources Hon. Vickram Bharrat has said the capacity of the Guyana Forestry Commission (GFC) has been strengthened and the entity would soon be fully […]
ExxonMobil Hits Guyana Oil Output Goal
(Argus, 21.Dec.2020) — ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana’s deepwater Stabroek block, a milestone that had been delayed by an earlier […]
Gov’t Worked With Exxon For Maximum Production
(DPI, 20.Dec.2020) — The government of Guyana says it welcomes the announcement by US oil and gas company ExxonMobil that it has reached maximum production of 120,000 barrels of oil […]
Local Businesses Assured Involvement In Oil Sector
(Guyana Standard, 1.Dec.2020) — President Dr. Irfaan Ali has reaffirmed his Government’s commitment to ensure that local businesses are optimally involved in the oil and gas sector. The Head of […]
Gas-To-Energy Project To Bridge Oil And Gas: Guyana
(DPI, 1.Dec.2020) — Government’s gas to energy project is set to see development of new sectors and boost local traditional industries. Minister of Natural Resource, Hon. Vickram Bharrat shared this […]
Dubai Investment Team Visits With Guyana
(Guyana Natural Resources Ministry, 31.Oct.2020) — A high-level team from the Private Office of His Highness Sheikh Ahmed Dalmook Al Maktoum, member of the ruling family of Dubai paid a […]
Guyana’s Bharrat Meets Mining Sector Contractors
(Energy Analytics Institute, 12.Oct.2020) — Guyanese government officials held meetings with contractors from the mining and forest sectors in preparation of the rainy season with the objective of ensuring key […]
Guyana Eyes Gas-To-Power Project Starting In 2021
(Energy Analytics Institute, 2.Oct.2020) — A natural gas-to-power project is expected to start in 2021 to produce reliable electricity for Guyanese citizens, the country’s Natural Resources Minister Vickram Bharrat said […]
Fines Delay ExxonMobil License In Guyana
(Argus, 25.Sep.2020) — Guyana is preparing to fine ExxonMobil over natural gas flaring and untreated water dumping at its offshore Stabroek block. Discussions over the level of fines have delayed […]
Payara Approval Will Not Be Rushed: Bharrat Says
(Kaieteur News, 14.Aug.2020) — Even though the PPP/C government may be desirous of granting the approval for ExxonMobil’s third development project within a reasonable timeframe, it will not be rushing […]
Guyana’s Natural Resources Min. Bharrat Tours NRE
(DPI, 12.Aug.2020) — Minister of Natural Resources, Hon. Vickram Bharrat, this morning visited the Ministry of Natural Resources Annex where he toured the facility and met with staff. Minister Bharrat […]
Guyana’s Natural Resources Minister Visits MNR Agencies
(DPI, 11.Aug.2020) — Solidifying his intention of having a hands-on approach with the Ministry of Natural Resources and its agencies, the Minister of Natural Resources, Hon. Vickram Bharrat, on Tuesday, […]
Guyana Could Clear ExxonMobil’s Payara Project
(Argus, 11.Aug.2020) — Guyana’s new government will decide by the end of August whether to approve ExxonMobil’s 220,000 b/d Payara project, natural resources minister Vickram Bharrat said. Payara is ExxonMobil’s […]
Guyana Mulls Absorbing Energy Dept Into Ministry
(Argus, 10.Aug.2020) — Guyana’s new natural resources minister is computer scientist Vickram Bharrat, a key appointment for the rapidly expanding oil sector. Bharrat, who is part of the administration of […]