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Guyana, EXXON and oil production

 
Curtis 2016-12-23 07:25:59 

Things moving towards production

 
Runs 2016-12-23 09:04:00 

In reply to Curtis

The Stabroek block currently comprises 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is the operator and holds a 45 percent interest in the Stabroek block. Hess Guyana Exploration Ltd. holds a 30 percent interest, and CNOOC Nexen Petroleum Guyana Limited holds a 25 percent interest.

How much d Guyanese people hold? Katahar? lol

 
steveo 2016-12-23 09:13:52 

In reply to Curtis

I hope this money is converted to USEFUL, PRODUCTIVE investments to benefit the guyanese people.

 
Runs 2016-12-23 09:20:32 

Rain falling and GT is flooded, I thought those days were long over

 
bravos 2016-12-23 10:36:24 

In reply to Curtis

Nice I cannot wait!! Have some nice spin-off projects planned including new highways and housing,T&T has a keen eye on Guyana and has been aligned with this venture from inception with the provision of expertise,equipment and various services,including exploration and production design and management..

A stronger Guyana and Jamaica = a stronger T&T!! cool

Can't wait to hear dem sweet GT ladies MOAN "haRRdeRR" lol j/k...hahahaha twisted

 
Kay 2016-12-23 10:52:04 

In reply to Runs

How much d Guyanese people hold? Katahar?

I asked this same questions twice before and none of the experts on the Guyanese economy answering.

I guess the small men like supply vendors who replenish stocks and supplies to crew offshore will be making some money..... who else? smile

 
steveo 2016-12-23 11:12:09 

In reply to Kay

This will have nil to negligible DIRECT effects on the economy by way of jobs etc for the guyanese people, however when they start spending the profits...

 
Runs 2016-12-23 12:10:57 

In reply to Kay

That is the venture to get into wink

 
Ridge 2016-12-23 13:20:39 

In reply to steveo
Wishful thinking.
Guyanese people not getting any benefit from this
if ever this comes through.
Only the elite few in the Government will benefit.

 
tigga 2016-12-23 13:51:31 

In reply to Curtis

Good thing the PPP pave the way for this to happen ... lol

 
pelon 2016-12-23 14:46:53 

In reply to steveo


I hope this money is converted to USEFUL, PRODUCTIVE investments to benefit the guyanese people.
co-sign. Time will tell. rather doubtful based on decades resource mismanagement.

The distribution of economic opportunity... not so much

 
steveo 2016-12-23 17:29:11 

In reply to Runs

Rain falling and GT is flooded, I thought those days were long over


If you thought so, how can I say this kindly...you wasted a thought

At the moment, there is blackout, been so for the last 3 hours, 2nd one today...and guess what the govt promised?

NO BLACKOUT FOR CHRISTMAS

The fucking good life beacons...

 
steveo 2016-12-23 17:32:44 

In reply to pelon

co-sign. Time will tell. rather doubtful based on decades resource mismanagement.

The distribution of economic opportunity... not so much


At least lessen the macroeconomic disadvantages...

* Bridge the essiquibo (they said they were considering this)

* Maybe a second demerara bridge

* 2nd deepwater harbor at the berbice river

* make the airport a first class one

* Construct a hydropower plant

These investments should see guyana in good stead

 
Runs 2016-12-23 17:33:39 

In reply to steveo

The Minister just said 2 pumps are not working lol

 
Runs 2016-12-23 17:34:27 

In reply to steveo

I am tired of hearing Guyanese politicians saying and not doing wink

 
Curtis 2016-12-23 18:23:16 

In reply to Runs

alyuh turn off all dem fairy lights nah lol

 
Curtis 2016-12-23 18:24:29 

so which company stock price will go up? is already $90 US for EXXON

not clear yet how the people will benefit tangibly

 
Runs 2016-12-23 18:27:19 

In reply to Curtis

Guyana - The land that time forgot

 
Curtis 2016-12-23 18:53:49 

In reply to Runs

Rain falling and GT is flooded, I thought those days were long over


maybe Jagdeo didn't clean the drains again? I know he used to get cuss
lol

 
Runs 2016-12-23 18:59:37 

In reply to Curtis

The city is 6 feet below sea level at high tide and with heavy rains will take a feat of genius engineering to get rid of all that water in a jiffy. Commonsense tells me it is not possible but they can be better prepared and build the housing and infrastructure to withstand.

 
Curtis 2016-12-23 19:05:42 

In reply to Runs

for sure...didn't think it rained that much in December

 
Runs 2016-12-23 19:08:14 

In reply to Curtis

The entire coastland is flooded

 
Dukes 2016-12-23 19:38:08 

In reply to steveo

I hope this money is converted to USEFUL, PRODUCTIVE investments to benefit the guyanese people


Sadly, like you I am not particularly optimistic as this current administration while not quite as skilled in thieving as the previous one is trying hard to match them.

 
Runs 2016-12-23 20:08:19 

In reply to Curtis

My suggestion is to build a deep reservoir on the outskirts of the city as a back up

 
Curtis 2016-12-23 22:19:10 

In reply to Runs

Land of Many Waters indeed

is current day flooding due to rising sea levels and global warming or mal-functioning drainage? that base infrastructure is quite old

 
Curtis 2016-12-24 12:42:42 

M&TC flood report

 
Runs 2016-12-24 17:34:00 

Link Text

more rains coming