Opinion
Govt. should allow third parties to verify oil companies’ drilling results – Petroleum Engineer
Guyana would do well to allow third parties to conduct their own analyses of oil and gas companies’ drilling results, says Petroleum Consultant and Engineer, Paul Nicholas Ramsaywack. Petroleum Consultant & Engineer, Paul Nicholas Ramsaywack This verification, he said, can be done using well logs. They contain detailed records of the finds made by companies…
US demands immediate disclosure of details of finds. So should Guyana – Petroleum Engineer
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…
Local Content – Embracing our national interest
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…
The crucial decision before Guyanese is how to break with the past to create a new and altogether different future
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…
First Oil and the Legacy
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…
First oil marked by obfuscation and confusion
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…
This oil contract is a giveaway of Guyana’s precious resources
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…
Our major political parties have failed us in relation to the indefensible Exxon deal
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…