US States, in their dealings with private oil and gas companies, requires that details of finds be immediately reported to the State. Petroleum Consultant & Engineer, Paul Nicholas Ramsaywack. Guyana should ensure there is a mechanism that requires the same from oil and gas companies it is doing business with.That is the advice of Petroleum…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 82 – January 17, 2020 Today’s column returns to the issue of Local Content Policy which appears either to have been drowned out by the excitement of First Oil or in which interest seems to have ebbed – a pattern since the Local…
As Guyana continues to avoid solving long-standing and ingrained problems, as the political and business elites of all stripes continue to keep the majority suffering and poor, all this forfeiting much value for future generations, I reflect on the last few years as Guyanese achieved first oil and are approaching elections. Below are some of…
I am flabbergasted how casually most Guyanese are lured into the belief that oil is the elixir to all their troubles, and that magically Guyana is going to be transformed into a culture of abundance.Except for a few scholars and jaded oil industry professionals, there seems to me a condition of national willful ignorance and…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 81 – January 3, 2020 Introduction This column should have continued my take on Local Content. I will defer this to a later piece so that I do not miss the very focus on this series: the Road to First Oil. Readers will…
Almost two years after the government signed the oil contract with ExxonMobil, it was made public, but only after months of constant pressure from this newspaper and other media outlets. From all indications, it was a poorly negotiated contract with a meagre two percent royalty, which is considered the worst of all negotiated oil contracts…
2019 has been an unforgettable political year for Guyana, if only for the indelible and extreme breaches of our Constitution and Court Rulings following the No Confidence Vote and the grand finale confession coming three years after the signing of a Production Sharing Agreement (PSA), when the APNU+AFC administration represented by Minister Raphael Trotman, casually…
Former Petroleum Advisor to the David Granger administration, Dr. Jan Mangal, believes that Government must make available publicly, the field preparation plans submitted for the development of oil fields in Guyana’s Exclusive Economic Zone (EEZ) in the Stabroek Block. Petroleum Specialist and Former Advisor to the David Granger Administration, Dr. jan Mangal Dr. Mangal argues…
