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Guyana Signs Production Sharing Agreements With International Oil and Gas Firms

GEORGETOWN, Guyana – Natural Resources Minister, Vickram Bharrat, Tuesday said Guyana now stands among the best-managed new oil-producing countries as Georgetown signed a production sharing agreement (PSA) for the shallow-water Block S4 offshore Guyana with a consortium of international companies comprising QatarEnergy, TotalEnergies, and PETRONAS.

Guyana Tuesday signed a Production Sharing Agreement for the shallow-water Block S4 offshore Guyana with international oil and gas companies.

St. Lucia and CAF Forge New Partnership

CASTRIES, St. Lucia – The St. Lucia government says it will formalize new pathways for cooperation with the Development Bank of Latin America and the Caribbean (CAF), marking what it termed “the start of a deeper partnership focused on unlocking investment and strengthening regional collaboration to advance St. Lucia’s national development agenda”.

Prime Minister Phillip J Pierre holding talks with CAF delegation (St. Lucia government Photo)

Guyana Welcomes Funds From Islamic Bank, IDB

GEORGETOWN, Guyana – President Irfaan Ali has welcomed the US$1 billion pledge by the Islamic Development Bank (IsDB) and the Inter-American Development Bank Group (IDB Group) to support development in Suriname and Guyana over the next five years, and signing of a memorandum of understanding (MoU).

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