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An Uneven Recovery: the Impact of COVID-19 on Latin America and the Caribbean
Chinese Engagement in Guyana: An Update
https://theglobalamericans.org/2021/11/china-guyana-update/
Guyana playing big role in protecting Amazon rainforest – Trinidad Guardian
Guyanese benefited from more cash transfers than other Caribbean countries – World Bank report – News Room Guyana
Guyana To Become The 11th Country To Produce Over 1 Million Bpd | OilPrice.com
The President and the contractors: Stabroek News (Editorial)
The fact that President Irfaan Ali choose, recently, to convene a forum at which to ‘reason with’ local building contractors who are either involved in the execution of state contracts or hope to secure such contracts in the future, is, on the basis of what has been revealed in the media, a good sign. The President’s decision to meet with the contractors, one assumes, is linked to his government’s expectations of the sector in the context of what he anticipates will be the country’s broader development direction in the period ahead and the role that building contractors will have to play therein.
Exxon to determine own standards for 3.7 million barrels of offshore discharges daily for 20 years: Kaieteur News
US$9B Yellowtail Project …
-as Guyana still to set its own rules six years later
If the government approves ExxonMobil’s US$9B Yellowtail development in the Stabroek Block, the oil giant has disclosed, via project documents, that Guyana can expect to see several waste products being discharged into its waters. Since the world’s latest oil producer is still to set its own rules to govern how ExxonMobil will discard of its oil wastes, the company will have the privilege of outlining what those parameters would be.
ExxonMobil’s ramped up production a reckless chase after money – Environmentalist: Kaieteur News
In recent days, reports have surfaced of oil giant, ExxonMobil, bragging of its ability to ‘safely’ produce more oil resources than the prescribed safety limit in the Liza One development. These reports have attracted the attention of several environmentalists, including Ms. Simone Mangal-Joly, who believes that the ramped up production rates are a reckless chase after money. In an interview with this newspaper on Monday, the environmentalist said it is, “A reckless rush to chase money without counting the damages and losses in other areas in the process, both in direct benefit we accrue daily, and monetary terms, is shortsighted and dangerous to all of us, including businesses and our economy as a whole.”
Take steps to protect those tied to the fishing industry: Stabroek News (Letter to the Editor) by Vishnu Bisram
Reference is made to “Environmentalist raps Exxon … study on fishing” (Nov 29). It is imperative we know the impact of oil and gas drilling on the fishing industry and on marine life and take steps to address any problems. ‘Fisherfolks’ complain of low catch. Is drilling and oil production the cause? Experiments have showed that fish swim away with increased level of noise, and/or wave disruption. It seems to suggest from experiments, that oil drilling would impact on migratory patterns of fish. If indeed, this happens, then it would explain the claim of low catch by fishermen in Guyana waters, or fishing fields near drilling.
Those tied to the fishing industry should be compensated fairly: Stabroek News (Letter to the Editor) by Dr. Vishnu Bandhu, Leader of URP
Reference is made to Meten-Meer-Zorg fishers take licks” (Nov 29), the fishing community has been complaining of declining ocean catch since the early part of this year… The entry of the Chinese in Guyana waters and granting of trawler license to the undeserving have hurt the fishermen. That is why several of them are selling their boats and seeking to migrate… The fishermen cannot understand why their catch has dropped so significantly over the last year. Is it coincidental that while Exxon’s exploration and drilling has increased over the last couple years, their catch has decreased? Fishermen and biologists URP spoke with believe that declining catch and fishing income are directly related to the oil industry.
New hinterland hydropower plant will add 700kW to Guyana’s grid: OilNOW
As part of a loan taken from the Islamic Development Bank (IsDB), the reconstructed and improved Moco Moco Hydropower Plant set to be built in the hinterland region of Upper Essequibo – Upper Takatu (Region Nine) in Guyana will add another 700kW to the grid. This is according to the project summary for this development. This hydropower project, which is being executed by the Guyana Energy Agency (GEA), will generate approximately 4,565 MWh/yr. of energy annually. The structures that were initially installed in the project included a diversion system, headrace, forebay, penstock, powerhouse, tail water canal, step-up substation, administration buildings and a transmission line.
Saipem seals $750 million gas field deal with Saudi Aramco: OilNOW
Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia. Saipem will also build a system to transport water associated with the separation of the treated gas. The contract has a total value of approximately USD 750 million. The EPC (Engineering, Procurement, Construction) contract includes the engineering, supply of materials, construction, and commissioning of approximately 835 km of pipelines for the transportation of gas, condensate and production water.
SBM Offshore strikes deal for Brazil FPSO: OilNOW
SBM Offshore said Tuesday that it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Alexandre de Gusmão. These contracts follow the signing of the binding Letter of Intent announced on August 3, 2021. FPSO Alexandre de Gusmão will be deployed at the Mero field in the Santos Basin offshore Brazil, approximately 160 kilometers from Arraial do Cabo, Rio de Janeiro state. Mero is a project under Libra Consortium responsibility, in which Petrobras is the operator with 40 percent and with the following partners: Shell Brasil with 20 percent, TotalEnergies with 20 percent, CNODC and CNOOC Limited with 10 percent each, together with Pré-sal Petróleo S.A. (PPSA) as manager of this contract.
Guyana seeing “reboot” of tourism sector: DPI
Guyana is experiencing an economic boom in the tourism sector despite the effects of the COVID-19 Pandemic, Minister of Tourism, Industry and Commerce, Oneidge Walrond said Sunday. She was at the time delivering remarks at the Rahaman’s 17th Christmas tree light up held at Rahaman Park, East Bank Demerara… The event was sponsored by Exxon Mobil, China Trading, Gaico, Rent-A- Tent, Giftland and the Ministry of Tourism.
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