Skip to content
NewsFlash!Guyana
Business

Ghanaian firm given final deadline to pay US$17M signing bonus for oil block

(Kaieteur News) – Ghanaian company Cybele Energy has been given a final deadline to pay the US$17 million signing bonus or risk losing the S7 block offshore Guyana. Minister of Natural Resources, Vickram Bharrat recently announced that the company has until the end of July to settle the payment. “I say safely, the ending of July […] The post Ghanaian firm given final deadline to pay US$17M signing bonus for oil block appeared first on Kaieteur News.

By KNEWS

Published 14 Jul1 min read

Ghanaian firm given final deadline to pay US$17M signing bonus for oil block
Image via Kaieteur News.

(Kaieteur News) – Ghanaian company Cybele Energy has been given a final deadline to pay the US$17 million signing bonus or risk losing the S7 block offshore Guyana. Minister of Natural Resources, Vickram Bharrat recently announced that the company has until the end of July to settle the payment. “I say safely, the ending of July […] The post Ghanaian firm given final deadline to pay US$17M signing bonus for oil block appeared first on Kaieteur News .

Related storyGovt’s water bottling plan could crush private sector – GMSAKaieteur News · 6h ago

Source

Originally published by Kaieteur News

Guyana's largest-selling daily & leading independent newspaper

Visit Source

Related Articles

More from Kaieteur News

View source

What readers are saying (0)

View all comments

Sign in to comment

No comments yet — be the first to weigh in.

Stay informed. Every day.

Get the top stories from across Guyana aggregated and delivered to your inbox each morning.

We respect your privacy. Unsubscribe anytime.