Payara Field Petroleum Production License

Payara offshore development approved with recommendations following intense review by local and international experts. In fulfilment of government’s elections campaign commitment of full disclosure of all transactions in the Oil and Gas Sector, please click on the link below to view the productio...

Statement by the Minister of Natural Resources Hon. Vickram Bharrat, M.P., on Guyana’s 18th Offshore Oil Discovery at the Redtail-1 exploration well

Greetings All, Fellow Guyanese, as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to announce Guyana’s 18th Offshore Oil Discovery at the Redtail-1 exploration well. This will add to the estimated recoverable resource of more than 8 billio...