The Ministry of Natural Resources said on Saturday evening,
in the interest of transparency, it would like to highlight pertinent facts
relating to the review of the Payara Development project.
See statement below
The current review has been undertaken by the Energy
Department...
The Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) said on Saturday the position of the new administration on local content development in the oil and gas sector is welcomed.
Vice President, Bharrat...
Former Premier of Alberta, Canada, Alison Redford QC, has been engaged by authorities in Guyana to review the Payara development contract.
The Ministry of Natural Resources (MNR) said on Saturday, subject Minister, Vickram Bharrat met with Ms. Redford along with...
Guyana’s Natural Resources Fund (NRF) will either be amended or repealed and replaced by the new government over what it has described as ‘serious flaws’ which put ‘overwhelming dominance’ in the hands of the Minister of Finance.
On January 23,...
The new PPP/C administration in Guyana has taken a decision to reopen the tender for the provision of marketing services for the country’s share of Liza Crude.
Speaking at a press conference on Friday in Georgetown, Vice President, Bharrat Jagdeo,...
A review of the Payara Development Project that is being undertaken by the new administration in Guyana is expected to be completed before the end of the month after which a decision on its approval is expected to be...
Guyanese Vice President, Bharrat Jagdeo, revealed on Friday that the Department of Energy will fall under the Ministry of Natural Resources ahead of the establishment of a Petroleum Commission.
“Under the new portfolio, the gazetted portfolio, the Department of Energy...
The recently installed administration in Guyana has already been meeting with companies to further discussions on the proposed gas-to-shore project that would provide the South American country with reliable and affordable power which could see a number of new...
Malaysia-based equipment manufacturer KNM has been awarded a contract by Dutch floater specialist, SBM Offshore, for the supply of equipment for a floating production vessel being built for ExxonMobil’s oil production operations in Guyana.
KNM said its subsidiary, KNM Process...
The independent consultant being engaged by the Government of Guyana to review the work that has been done so far by the Department of Energy for the 220,000 barrels per day Payara Development Project is expected to arrive in...
