Guyanese company wins two oil blocks in country’s first auction 

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Shikema Dey
Shikema Dey
Shikema Dey is a Senior Research and Content Developer and experienced energy journalist with a strong record in media production and sector-focused reporting. At OilNOW, she produces in-depth coverage of Guyana’s upstream developments, regulatory updates, investment activity, and regional energy trends, delivering analytical reports and feature content for industry and public audiences. Her work is grounded in research, project monitoring, and stakeholder engagement, strengthened by over 10 years of newsroom experience. She has also contributed research-driven analysis on Guyana’s political, security, and business landscape, supporting strategic insight and decision-making. Her reporting interests extend to public infrastructure, agriculture, social issues, national development, and the environment.

Sispro Inc. – the lone Guyanese bidder in the country’s first auction has been awarded two blocks, Vice President Bharrat Jagdeo announced at apress conference on Thursday.  

Sispro copped S3 and D2 blocks. Out of the 14 bids made in Guyana’s inaugural offshore licensing round, Sispro was the only individual bidder, with others bidding as groups.

Guyana’s Vice President, Bharrat Jagdeo

The other awards are as follows: 

  1. S4 – TotalEnergies, Qatar Energy, and Petronas 
  2. S5 –  International Group Investment Inc. and Montego Energy
  3. S7 – Liberty Petroleum Corporation and Cybele Energy
  4. S8 – ExxonMobil, Hess, and CNOOC
  5. S10 – International Group Investment Inc. and Montego Energy
  6. D1 – Delcorp Inc., Watad Energy and Arabian Drillers

The next step is for the government to begin negotiations with the awardees. 

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