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Guyana’s Offshore Oil Survey Accelerates | Guyana News
Guyana’s Natural Resources Minister Vickram Bharrat is thrilled as offshore exploration accelerates—just six months after signing a landmark deal, TotalEnergies, QatarEnergy, and PETRONAS are already drilling seismic surveys in Block S4, a massive 2,000 sq km shallow-water zone off the coast. The government pocketed a $15 million signing bonus, now safely in the Natural Resources Fund. With global giants backing the project, Bharrat emphasized the seismic survey’s vital role in mapping potential oil reserves, paving the way for future wells—if hydrocarbons are found. Advanced vessels are…
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