95 Duke Street, Kingston, Georgetown, Guyana

Telephone Numbers:
Switchboard: 231-2506-11 Minister’s Office: 231-2506-11 Ext 202

Ministry of Natural Resources

Minister of Natural Resources - Hon. Vickram Bharrat

Minister Vickram Bharrat

Mr. Vickram Bharrat was born in Berbice, Region 6 and attended the New Amsterdam Multilateral Secondary School. His academic achievement includes a Bachelor’s Degree in Computer Science from the University of Guyana and is qualified in the area of Public Management with a wealth of experience in governance and managerial competencies.

About the Ministry of Natural Resources

The Ministry of Natural Resources (MNR) as it is known was established on December 17, 2011 as the Ministry of Natural Resources and the Environment (MNRE) with a primary focus of harmonizing policy and management in the Natural resources-based sectors. However, following the appointment of the new Government in May 2015, the institutional structure of the MNRE changed and it became a Department of Natural Resources and Environment under the purview of the Ministry of Presidency. A second change occurred on January 18, 2016 which saw the Department of Natural Resources and the Environment transformed to into the Ministry of Natural Resources.

Document Centre

Petroleum Contracts

Agreement between Government of Guyana and EEPGL + CNOOC/NEXEN + HESS

Agreement between Government of Guyana and CGX Energy

Agreement between Government of Guyana and Ratio Energy

Agreement between Government of Guyana and Tullow/Eco Atlantic

Environmental Permits

Payara Environmental Permitt

Oil and Gas

Guyana nominates candidates for sole expert to resolve US$214 million audit dispute with Exxon-led group

Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its partners over US$214 million in...

Exxon to relinquish 9% of Stabroek Block acreage

ExxonMobil will relinquish at least 9% of the vast Stabroek Block in Guyana as required by its petroleum agreement, according to the Ministry of...

Natural Resources Ministry fact-checks misinformation on Guyana oil industry 

See statement from Guyana's Ministry of Natural Resources:  The Ministry of Natural Resources takes this opportunity to address the latest fabrications published by Glenn Lall...

ExxonMobil’s Longtail project to tap three gas fields offshore Guyana

ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period 2017-2019. Unlike Exxon’s previous developments...

CGX accuses Guyana of contradicting itself on Corentyne license, claims agreement is ‘valid and in force’

CGX Energy and its joint venture partner Frontera Energy have contested the Guyana government’s move to terminate their license for the Corentyne Block. CGX...

Guyana aiming to welcome more oil players as country on verge of becoming one of the region’s biggest producers

The impending entry of more major oil companies into Guyana’s oil basin has been met with enthusiasm, with Natural Resources Minister Vickram Bharrat deeming...

Gold and Minerals

SBM Offshore advanced global recruitment in 2024, expanded training programs in Guyana

SBM Offshore recruited 1,274 new staff in 2024, with the majority based in Brazil, India, and Guyana. “New joiners are successfully prepared for their...

Westwood expects Petronas to conduct more exploration drilling offshore Suriname this year

Malaysian state oil firm Petronas is expected to conduct more exploration drilling at Suriname’s offshore Block 52 this year after a key 2024 oil...

First steel cut completed for Suriname’s GranMorgu FPSO across three shipyards

TotalEnergies has completed all three First Steel Cut ceremonies for the GranMorgu floating production, storage and offloading (FPSO) vessel. The events mark the start...

Nearly one in seven dollars of Exxon’s global profit came from Guyana in 2024

ExxonMobil’s oil operations offshore Guyana earned it US$4.73 billion in profit last year. That accounted for nearly one in every seven dollars, or 14.04%,...

SBM Offshore targets GHG neutrality by 2025, advances emissions tools in Guyana

SBM Offshore says it is on track to become greenhouse gas (GHG) neutral from its own operations by 2025 and to use 100% renewable...

MODEC, Carbon Clean sign MoU to advance FPSO-based carbon capture

MODEC Inc. and Carbon Clean Solutions Ltd. have signed a memorandum of understanding (MOU) to accelerate the development and potential deployment of onboard carbon...

Forestry

Guyana banking on gas project to boost value-added wood products

Guyana’s Ministry of Natural Resources expects the operationalization of the Gas-to-Energy project to facilitate a boost in value-added wood products.   The Gas-to-Energy project is a...

New oil producer wants to maximise value in forestry, mining, tourism industries

With Guyana’s oil revenues projected to peak at US$16B in 2036, President, Irfaan Ali has said that a significant portion of these profits will...

Petroleum Production License Highlights