Cybele Energy Embarks on Bold Guyana Oil Exploration

Cybele Energy Embarks on Bold Guyana Oil Exploration

Cybele Energy has signed a production sharing agreement with Guyana to explore and produce oil and gas at an offshore block. This agreement, which follows a recent similar deal with TotalEnergies, involves a $17-million signing bonus and targets up to 400 million barrels of oil.

Gov’t signs petroleum agreement with Ghanaian firm

–deal brings Guyana US$17 million signing bonus THE Government of Guyana on Tuesday signed a petroleum agreement for offshore block S7 (shallow) with the Ghanaian firm, Cybele Energy Limited, attracting a signing bonus of some US$17 million. The contract was signed during a ceremony at the Pegasus Suites and Corporate Centre, during which it was […]

Women-led Cybele Energy calls Guyana oil deal “new era” for women in global energy

…Guyana secures US$17M signing bonus with 3rd PSA Guyana on Tuesday secured a signing bonus of US$17 million as the Government concluded its third Production Sharing Agreement (PSA) with the Ghana-based, women-led oil and gas company Cybele Energy Limited for the award of shallow-water Block S7. The agreement was signed during a ceremony at the Pegasus Suites and Corporate Centre. Cybele Guyana Limited will operate the almost 1500-square-kilomet…

Ghana company seals oil search deal

agrees US$17m signing bonus The Government of Guyana and Ghanaian company – Cybele Energy Limited – which won the offshore shallow block S7 during the 2022 auction, yesterday signed a Production Sharing Agreement (PSA) from which this country will receive a US$17 million signing bonus as proposed by the company. The article Ghana company seals oil search deal appeared first on Stabroek News.

Ghanaian company inks agreement for 400 million barrels of oil Guyana concession

Last Updated on Tuesday, 9 December 2025, 13:53 by Denis Chabrol The Ghanaian company, Cybele Energy, bid US$17 million upfront for a shallow water well that the company believes contains at least 400 million barrels of oil but the final figure depends on further studies, officials said Tuesday. Natural Resources Minister, Vickram Bharrat told reporters ...