Ghanaian-owned energy firm Cybele Energy Ltd is set to make a major stride on the international stage as it prepares to sign an agreement to explore for oil in a shallow-water block in Guyana.<\/p>\n\n\n\n
The deal, expected to be concluded next Tuesday, November 9, was confirmed by Guyana\u2019s Minister of Natural Resources, Vickram Bharrat, on Friday.<\/p>\n\n\n\n
The agreement will grant Cybele Energy the rights to explore for hydrocarbons in Block S7, a concession covering an estimated 2,000 square kilometres offshore Guyana.<\/p>\n\n\n\n
\u201cCybele has advanced the negotiation with us to a stage where we have finalised the agreement with them, and that is the company we\u2019ll be signing with,\u201d Mr. Bharrat told journalists during a briefing ahead of the 5th Guyana Energy Conference and Supply Chain Expo, scheduled for February 17\u201320, 2026.<\/p>\n\n\n\n
He added that the only outstanding matters were administrative, and details would be made public at the signing ceremony next week.<\/p>\n\n\n\n
According to a report by demerarawaves.com, the upcoming signing will be the second shallow-water exploration agreement Guyana has concluded in recent months. The first was sealed last month with oil giant TotalEnergies and its partners Petronas (Malaysia) and Qatar Energy.<\/p>\n\n\n\n
Cybele Energy, established in 2012, is led by its founder and Chief Executive Officer, Beatrice Mensah-Tayui, a Ghanaian business leader with growing global influence in the energy sector.<\/p>\n\n\n\n
The forthcoming agreement marks another significant milestone for Ghanaian participation in the international oil and gas industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ghanaian-owned energy firm Cybele Energy Ltd is set to make a major stride on the international stage as it prepares to sign an agreement to explore for oil in a shallow-water block in Guyana. The deal, expected to be concluded next Tuesday, November 9, was confirmed by Guyana\u2019s Minister of Natural Resources, Vickram Bharrat, on […]<\/p>\n","protected":false},"author":8,"featured_media":33938,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[61],"tags":[7893,1350,5494,9127,3545,5491,4521,5563,10954,8566,5441,8552,6348,8869],"class_list":["post-47992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-chain","tag-ceo","tag-energy","tag-february","tag-founder","tag-gas","tag-ghanaian","tag-grant","tag-international","tag-malaysia","tag-oil","tag-qatar","tag-us","tag-water"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=47992"}],"version-history":[{"count":2,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47992\/revisions"}],"predecessor-version":[{"id":47994,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47992\/revisions\/47994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/33938"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=47992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=47992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=47992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}