Guyana Signs New Production Sharing Agreement with Cybele Energy, Marking Historic Milestone
Guyana’s burgeoning oil and gas sector celebrated a significant milestone on Tuesday with the signing of a Production Sharing Agreement (PSA) between the Government of Guyana and Ghanaian oil company Cybele Energy for shallow-water Block S7. The agreement, which includes a US$17 million signing bonus, signifies a robust confidence in the new oil management framework. […]
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