{"id":27394,"date":"2025-11-11T16:25:39","date_gmt":"2025-11-11T16:25:39","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=27394"},"modified":"2025-11-11T16:31:37","modified_gmt":"2025-11-11T16:31:37","slug":"gog-welcomes-qatarenergys-participation-in-block-s4","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/gog-welcomes-qatarenergys-participation-in-block-s4\/","title":{"rendered":"GoG welcomes QatarEnergy\u2019s participation in Block S4"},"content":{"rendered":"
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The Government of Guyana, through the Ministry of Natural Resources, is pleased to announce the signing of a Production Sharing Agreement (PSA) for shallow-water Block S4 offshore Guyana with a consortium comprising QatarEnergy (35%), TotalEnergies (40%, operator), and PETRONAS (25%). The award was made under the 2022 Guyana Licensing Round, the country\u2019s inaugural bid round, marking another major step in the country\u2019s efforts to responsibly develop its hydrocarbon resources.<\/p>\n\n\n\n

The agreement reflects continued confidence in Guyana\u2019s petroleum sector and underscores the country\u2019s attractiveness as a global investment destination for major international energy companies.<\/p>\n\n\n

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Minister of Natural Resources Vickram Bharrat is flanked by representatives of the companies whilst officially signing the PSA<\/em><\/strong><\/mark><\/figcaption><\/figure>\n<\/div>\n\n\n

Minister of Natural Resources, Hon. Vickram Bharrat, M.P., welcomed the signing, stating, \u201cWe are pleased to welcome QatarEnergy, TotalEnergies, and Petronas as new partners in Guyana\u2019s petroleum sector. This investment demonstrates continued international confidence in Guyana\u2019s transparent and robust licensing framework, and it reflects our government\u2019s commitment to ensuring that the development of our natural resources is done sustainably and for the benefit of all Guyanese.\u201d<\/p>\n\n\n\n

Block S4 spans an area of approximately 1,788 square kilometres, located 50 to 100 kilometres off Guyana\u2019s coast in water depths ranging between 30 and 100 metres. Exploration activities will be conducted in keeping with Guyana\u2019s regulatory requirements and international best practices for environmental protection and resource management.<\/p>\n\n\n

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The Ministry of Natural Resources reiterates the government\u2019s commitment to ensuring that all petroleum operations are conducted with the highest levels of environmental stewardship, transparency, and local participation. The ministry looks forward to collaborating closely with the consortium as Guyana continues to strengthen its position as a responsible and emerging energy producer.<\/p>\n\n\n\n

(Ministry of Natural Resources Press Release)<\/p>\n","protected":false},"excerpt":{"rendered":"

The Government of Guyana, through the Ministry of Natural Resources, is pleased to announce the signing of a Production Sharing Agreement (PSA) for shallow-water Block S4 offshore Guyana with a…<\/p>\n","protected":false},"author":1,"featured_media":27396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[366,363,350,428,351],"tags":[406,429,412,431,432,430],"class_list":["post-27394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-development","category-national-transformation","category-news","category-oil-gas","category-politics","tag-406","tag-ministry-of-natural-resources","tag-ncn-guyana","tag-oil-and-gas","tag-production-sharing-agreement","tag-vikram-bharrat"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=27394"}],"version-history":[{"count":4,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27394\/revisions"}],"predecessor-version":[{"id":27401,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27394\/revisions\/27401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/27396"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=27394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=27394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=27394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}