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Daily Archives: Friday, 11 August 2023, 18:02

No more extension for oil block bids- Jagdeo

Last Updated on Friday, 11 August 2023, 18:02 by Denis Chabrol Vice President Bharrat Jagdeo on Friday ruled out a further extension beyond the September 12, 2023 deadline for bidding for 14 oil blocks offshore Guyana, saying that the regulatory framework was now in place to facilitate the process. In an interaction with participants at a Ghana Chamber of Commerce ...

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Govt renegotiated deal with ExxonMobil- Nandlall

Last Updated on Friday, 11 August 2023, 7:34 by Denis Chabrol Attorney General Anil Nandlall has said his People’s Progressive Party Civic (PPPC)-led administration has renegotiated aspects of the oil production deal with ExxonMobil through changes in licenses for the development of other wells, despite iron-clad provisions of the Production Sharing Agreement (PSA) for the entire Stabroek Block. “We have ...

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