Guyana, DR Deepen Energy Ties, Eye Joint Oil & Gas Development in Berbice Block
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7 Articles
The governments of the Dominican Republic and Guyana signed a contract for the exploration, development, and eventual production of oil and natural gas in the Berbice onshore oil exploration block, located in Guyanese territory. This agreement is part of a strategic alliance aimed at strengthening energy security and bilateral cooperation. The most noteworthy aspect of the agreement is its financial structure. The Dominican Republic obtained a 1…
Dominican Republic exploring investment interest in Berbice Block
eyes regional energy security, future collaboration opportunities THE Dominican Republic is exploring investment opportunities in Guyana’s Berbice Block as the two Caribbean nations continue to deepen cooperation in energy, agriculture and regional development. According to a press statement issued by the Office of the President on Thursday, the Government of the Dominican Republic, […]
Guyana, DR deepen energy ties, eye joint oil & gas development in Berbice Block
The Governments of Guyana and the Dominican Republic are continuing efforts to strengthen bilateral cooperation under a 2023 Memorandum of Understanding (MOU) focused on energy, agriculture, tourism, petrochemicals and oil refinery development. President Dr Irfaan Ali, along with President of the Dominican Republic Luis Abinader Corona, witnesses the signing of an agreement by Natural Resources Minister Vickram Bharrat and President of the Board…
Dominican Republic signs contract for 10% stake in Berbice Block
(Kaieteur News) – The governments of Guyana and Dominican Republic (DR) on Thursday inked an agreement that could see the Spanish-speaking nation exploring, developing and eventually producing oil or natural gas from the Berbice Block offshore Guyana. The agreement was signed in the presence of Presidents Irfaan Ali and Luis Abinader at State House in […] The post Dominican Republic signs contract for 10% stake in Berbice Block appeared first on…
Dominican Republic and Guyana sign contract for exploration of oil block in Guyana
The governments of the Dominican Republic and Guyana signed an agreement this Thursday to jointly explore and potentially develop oil and natural gas resources in the onshore Berbice block, marking a major step in their expanding energy partnership. Under the deal, the Dominican Petroleum Refinery will represent the Dominican state and receive a 10% stake in the project without requiring an […] The post Dominican Republic and Guyana sign contrac…
The governments of the Dominican Republic and Guyana signed on Thursday a contract for the exploration, development and eventual production of oil or natural gas in the Berbice onshore block, located in Guyanese territory, as part of a strategic alliance aimed at strengthening energy security and bilateral cooperation between the two nations. The agreement was signed by [...] The entry Dominican Republic and Guyana sign agreement to explore oil …
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