Oil Law 101

Oil Law 101

The PAA Series: Management Themes (Part 4)

Joanna Simmons -
In Management Themes (Part 3), we discussed matters relating to the discovery of petroleum and highlighted the significant allotments of time, activities and expenditure that exploration operations may require without guaranteeing a discovery. We also noted that when a...
Oil Law 101

The PAA Series: Management Themes (Part 3)

Joanna Simmons -
In Management Themes (Part 2), we saw that access to Guyana’s petroleum resources is primarily done through the conduct and regulation of petroleum operations. We also saw that petroleum operations, as defined in the PAA, cover a wide range...
Oil Law 101

The PAA Series: Management Themes (Part 2)

Joanna Simmons -
Management Themes (Part 1) explored the ownership, licensing and environmental management themes and highlighted corresponding legislative provisions within the Petroleum Activities Act 17 of 2023 (PAA). In this publication, we will look at maximising access to petroleum resources. Management Theme...
Oil Law 101

The PAA Series: Management Themes (Part 1)

Joanna Simmons -
To briefly recap our first publication the Petroleum Activities Act Series – Introduction, the term upstream refers to all activities carried out in the exploration for, and production of petroleum. The terms exploration, development, and production found in the...
Oil Law 101

The Petroleum Activities Act Series

Joanna Simmons -
Introduction The Petroleum Activities Act 17 of 2023 (the “PAA”) replaced the Petroleum (Exploration and Production) Act 1986; however, at present, the Regulations made under the 1986 Act remain applicable law under the PAA. The PAA is aimed at regulating...

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Guyanese soldiers repeatedly attacked by armed men on Venezuelan shore during river patrols on Wednesday

The Guyana Defense Force (GDF) said on Thursday that its troops came under attack by armed men in civilian...

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