Latest articles

Gov’t ‘not comfortable’ with old oil contract but intent on doing better - Pres. Ali

First audit report on Exxon’s spending from 2018 to 2020 expected by year end

Gaps in Guyana’s oil spill response prompt greater action from local bodies

With local content targets on track, Guyana’s private sector wants greater carve-out

Exxon boasts of more spending on Guyanese suppliers in local content push

Gov't releases details for upcoming auction of oil blocks

10% royalty and lower cost recovery among new terms for oil blocks soon to be auctioned

Over 350 Local Content Certificates issued

With new discoveries, oil production to exceed 1 million barrels per day by 2030

Gov’t endorses Stabroek Block operator’s local content Master Plan

Two more oil discoveries; more than 30 discoveries in Stabroek block since 2015

Some oil blocks will be reserved for future gov’t partnerships - Pres. Ali