Guyana Pushes Back Oil Licensing Round Deadline By Three Months ...Middle East

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Guyana Pushes Back Oil Licensing Round Deadline By Three Months
The government of Guyana, the newest and hottest oil production spot in the world, has pushed back the deadline for receiving bids in the country’s first-ever offshore licensing round by three months.   Initially, Guyana invited bids by April 14, 2023, when it launched in December last year its first licensing round for 14 offshore blocks.   In a statement to the media, Guyana's Ministry of Natural Resources said this week that the deadline for submitting the bids would be extended to July 15, 2023, in response to industry…

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