Chris Ram's Articles

The truth about the Royalty in the Esso/Hess/CNOOC-Nexen Petroleum Agreement

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 76 – September 6, 2019 Introduction For some time, questions have been raised about the royalty provisions in the 2016 Agreement under which Trotman/Greenidge/Granger partially signed away the birthright of all Guyanese past, present and future. This short column seeks to identify both…

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Chapter #7 – Exxon Contract: A major oversight or wilful blindness? – The procurement act 2003

In our last article, we dealt with the miscalculation of the licence area in the contract with Exxon. Prior to that we discussed some history which suggests that the claim that Venezuelan belligerence was the justification for the resort to illegality in the invention of wholesaling of license blocks when no such concept was available,…

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