14 Questions – Borderlines & Barrels: Guyana’s Increasing Oil Production Attracting Worldwide Attention
Based on the provided text, here are 15 questions and answers:
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News-clippings diplomacy
“Maduro had in his possession, several volumes of documents, containing information on the 2016 ExxonMobil PSA and the various reports by citizens claiming that ExxonMobil is robbing Guyana of its oil and gas resources”, says AG Nandlall (SN Letters, Dec 17th). I don’t understand how Maduro can use these mostly [news-clippings] to pressure ExxonMobil to…
Understanding, or not understanding Ringfencing
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 116 – December 15, 2023 Introduction Today’s column returns to the very popular topic of ringfencing in petroleum operations. Column 115 appearing in the Stabroek News of November 24 addressed how Belize, a mini-petroleum state, used the industry’s regulator, the legislation and the…
Small-scale fishers in Guyana – ‘small fry’ in Guyana’s marine space
During their first few months of life, young fish are called ‘fry’; most do not survive to adulthood. The idiom, ‘small fry’, has been used to refer to children and people of low status since the 14th century in England and is perhaps derived from the ‘fry’ of fish. Artisanal fishers in Guyana are treated…
One has to wonder what other anomalies a forensic audit of oil production capital costs might not uncover
The pace of discovery in the Stabroek Block has been astounding. There have been 32 major discoveries to date. There are currently 3 projects in production: Liza Phase 1, Liza Phase 2 and Payara. The current daily output is 620,000 barrels of oil. There are 2 additional projects approved for production: Yellowtail and Uaru. Plus,…