Guyana’s rapidly growing oil and gas sector reached a new milestone on Tuesday with the signing of a new Production Sharing Agreement (PSA) between the Government of Guyana and Ghanaian oil company Cybele Energy for shallow-water Block S7. The deal came with a US$17 million signing bonus. Per Guyana’s new oil management regime, the minimum signing bonus for shallow blocks is US$10 million. | News Room
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4.8K views · 121 reactions | VIDEO | Guyana’s embassy in Qatar hosted an evening of Reflection, Prayer and Patriotism for the Guyanese residing in Qatar. They were updated on the Guyana/ Venezuela border controversy by Finance Minister Dr. Ashni Singh. | News Room | Facebook
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