Q1: What are Dr. Adams’ qualifications and background in the oil and gas sector? A1: Dr. Adams has a bachelor’s degree in civil and environmental engineering from the University of Guyana. He worked for the Guyana Water Authority drilling water wells across Guyana. He has a master’s degree in hydrogeology and studied petroleum and geological…
It would be perfectly understandable if the public is totally confused over the issue of the audit of the expenses claimed by Esso, Hess and CNOOC for the period 1999 – 2017. Various reports in the media suggest that the UK entity contracted to audit the costs reported by the consortium were overstated by US$214…
Guyana’s oil economy is now mirroring its lopsided oil contract. The world’s highest growing economy in 2022 is not spreading the fruits of growth evenly across Agriculture, Manufacturing, and Services. Indeed, the rich versus poor is mirrored by oil and non-oil economy – the high growth oil sector registering 90% growth in the value-added income…
Recently, the World Bank, using the Gross National Income (GNI) per capita measure, reclassified Guyana as a high-income country. GNI is the sum of all income earned by a country, irrespective of where the income was earned. The justification for this elevation into the highest GNI category is largely based on the impact of foreign…
By Tarron Khemraj On September 10, 2023 On August 19, the Stabroek News reported that the government is willing to make necessary interventions in the foreign exchange (FX) market in order to enable the smooth access to hard currencies. In the same news report, Vice President Jagdeo noted that there is ample foreign exchange if one considers the…
1. What is the purpose of OGGN Guyana? The purpose of OGGN Guyana is to help educate Guyanese on issues related to the oil and gas industry in Guyana. It aims to advocate for transparency, accountability and good governance in oil activities. 2. When was OGGN formed and why? OGGN was formed in 2017 after…
…Jagdeo does not own the country’s resources Kaieteur News – President of local watchdog organization, Transparency Institute Guyana Inc (TIGI) Frederick Collins is calling on the Government of Guyana (GoG) to release the reports submitted by ExxonMobil, outlining the impacts of the COVID-19 Pandemic on their operations. The quarterly reports were a prerequisite to the extension…
I am glad to read that Toshao Orin Fernandes of Chinese Landing Amerindian Village has asked the National Toshaos’ Council (NTC) for a slot at the opening of the NTC’s conference on Monday 28 August to talk about the continuing illegal mining on Chinese Landing’s titled Village Lands. It has been over a month since…
