Guyana Signs Groundbreaking Production Sharing Agreement in Oil Sector
In a landmark move for its burgeoning oil industry, Guyana has officially signed its first Production Sharing Agreement (PSA) under the new Petroleum Activities Act and updated fiscal regime. The agreement with a consortium led by TotalEnergies, which includes QatarEnergy and PETRONAS, secures a US$15 million signing bonus for the Shallow-Water Block S4. The signing, […]
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