Dominic Gaskin

So what does Jagdeo suggest>  And continuing with flawed projects like the Berbice Bridge is NOT the way yo go. Crony capitalism never works.

https://guyana.crowdstack.io/topic/gu...ellas-and-crab-louse

On May 11th PPP lost the Elections,

AFC & APNU cut their ass.....

Now we are finding out....

The Former PPP President & 5 Ministers

Plus Luncheon and other Top PPP officials

will be charged in the Pradoville Scandal.....

How will this help

PPP chances

at any future election ...

xxxxxxxxxxxxxxxxxx

ExxonMobil

ramps up preparations

for possible 2018 operations

US-owned ExxonMobil

is said to be examining bids

from floater contractors

aiming to supply the company with

a floating production,

storage

and offloading (FPSO)vessel

for the fast-track development

of its deepwater Liza project off Guyana.

Industry sources said that at least five players

are battling to land a contract to lease

a “vessel of opportunity”

to handle 60,000 barrels per day of crude

or more, plus significant quantities of gas.

First oil is being targeted

as soon as 2018,

according to a report yesterday on   upstreamonline.com.

The four-company group chasing the FPSO order,

said sources, comprise

Bluewater,

BW Offshore,

Modec,

Saipem and SBM Offshore.

The news would spell good ones for Guyana

after ExxonMobil announced the find back in May.

It was the first major oil find for Guyana

which has been heavily dependent on imported oil

to meet energy and transportation needs.

However, neighbouring Venezuela

has since revived its claims to Guyana’s territory,

including the waters where ExxonMobil found the oil.

According to Upstreamonline.com,

reporting on ExxonMobil’s plans,

yesterday said that

this early production system

could be the forerunner of a full-field project,

tentatively based on a larger FPSO with capacity

in the range of 150,000 to 200,000 barrels per day (bpd).

However, industry sources cautioned

that the US Company has not yet taken definite decisions

on its preferred strategy for Liza,

and that how it will move to full field development

is not yet clear.

Nevertheless, ExxonMobil,

is said to be enthused by the potential of Liza,

a play-opening frontier wildcat

which was completed in May.

“It’s a huge field,” said one source,

adding that ExxonMobil thinks that this area

“could be a second Angola.”

ExxonMobil contracted seismic player CGG

to acquire what industry sources said

was as much as 20,000 square kilometres

of seismic data earlier this year,

using two vessels and fast-tracked processing.

Despite the dearth of floater projects globally,

the FPSO companies’ studies

are said to have been partly funded by the ExxonMobil.

These preliminary studies focused

on an early production system but also,

said one source, took in conceptual work

on the potential full-field scheme.

Pre-FEED work began early this summer,

with documents submitted in mid-September.

ExxonMobil is expected to decide

on its preferred bidders within weeks.

One source suggested two or three players

may be asked to take part in a competitive contest

lasting six to nine months,

leading to a potential contract award

in the third quarter of next year.

ExxonMobil is also in talks

with subsea players about hardware provision.

Liza’s initial subsea production system

is expected to include gas injectors

and perhaps water injectors,

as well as production wells.

There is market talk that the subsea system

supporting the early production FPSO

could more than triple in size

if ExxonMobil is confident about the reservoir parameters.

One source, Upstreamonline.com said,

noted that the broader challenge for the development

lies less with its technical aspects

and more with the area’s isolation.

There is no maritime or oil and gas infrastructure.

The topography of the region

would make development of such facilities very difficult.

Instead, supplies would likely come from Trinidad & Tobago

where ExxonMobil sourced its drilling operation,

though sources warned that the distance

and strong ocean currents make logistics challenging.

Upstream previously reported

that ExxonMobil intends to drill at least four more wells

on its 6.6-million acre Stabroek block.

These will appraise Liza —

an Upper Cretaceous discovery —

and also target an exploration prospect called Ranger,

a different play concept from the initial hit.

Sources familiar with the geology of the trend

said they believed the reservoir would produce

light oil with low viscosity

that could flow at rates of anywhere

from 15,000 to 20,000 barrels per day

from a single well.

ExxonMobil put out a tender earlier this year

to secure a rig for the drilling programme

that was thought to have drawn bids

from a host of major rig contractors,

but Upstream understands

the rig procurement process is ongoing.

An ExxonMobil representative said the company

“continues to progress” its future plans for the block,

but offered few details.

“Liza-1 well and seismic data are being analysed

to evaluate the resource potential of the reservoir

and additional potential on the block,”

said the representative. 

“Further details of our 2016 drilling program

are in development.”

The original Liza wildcat

hit more than 295 feet of high-quality oil

bearing sandstone reservoirs and

was drilled to 17,825 feet

by the Trans­ocean drillship Deep­water Champion.

The site lies about 120 miles (192 kilometres)

off Guyana in 5719 feet of water.

ExxonMobil operates Stabroek on a 45% stake,

with US independent Hess holding 30% and

China National Offshore Oil Corporation-owned Nexen on 25%.

ExxonMobil/Guyana

ramps up preparations

for 2018 operations....

US-owned ExxonMobil

is said to be examining bids

from floater contractors

aiming to supply the company with

a floating production,

storage

and offloading (FPSO)vessel

for the fast-track development

of its deepwater Liza project off Guyana.

According to Upstreamonline.com,

reporting on ExxonMobil’s plans,

yesterday said that

this early production system

could be the forerunner of a full-field project,

tentatively based on a larger FPSO with capacity

in the range of 150,000 to 200,000 barrels per day (bpd).

Jagdeo, Big_Seed & Kwame

prepearing for Buggerism

in Camp Street in 2018....

Law enforcement

is said to be examining

Charges for Crimes Committed

by Jagdeo Family, Friends & Cronies. 

(CCC/JFFC)

aiming to fast-track criminal Charges .

According to Big_Seed.com,

reporting on evidence gathered so far,

yesterday said that

(CCC/JFFC)

will lead to Controlled

Buggerism per day (bpd)

in Camp Street Jail.

Bro I do not read your centered text. The cartoonish graphics is already annoying. If you want the text read, leave them as left aligned.

Thanks Stormborn.....

Value to land is asserted by local comparisons and

not dubious notion as random speculation.

Lets see...What VishMahabir will tell us now.... 

These crooks  moved the dishes at the cost of 180 million dollars

and passed it off as an investment to NCN.

 Lets see...What VishMahabir will tell us now.... 

They then spend an indefinite amount

to install required infrastructure inclusive of roads.

Lets see...What VishMahabir will tell us now.... 

They then sold the property

for an average of 1.3 million per lot.

Priya sold hers a few months later for 90 million dollars!

So did Robert Persaud

Lets see...What VishMahabir will tell us now.... 

I hope they jail those crooks.

I am sure immunity from prosecution

covers work product

not deliberate malfeasance which this clearly is.

Lets see...What VishMahabir will tell us now.... 

You can leave the cartoons...just left align the text. I can turn on or off picture viewing but the text is bothersome to me since I speed read and jagged left margins prevents that.

AFC/PNC scums put Guyana's economy in the toilet.

Jagdeo, Big_Seed & Kwame

prepearing for Buggerism

in Camp Street in 2018....

Law enforcement is said to be examining

Charges for Crimes Committed

by Jagdeo Family, Friends & Cronies. 

(CCC/JFFC)

aiming to fast-track criminal Charges .

According to Big_Seed.com, reporting on evidence gathered so far,

Yuji said that (CCC/JFFC)

will lead to Controlled .... Buggerism per day (bpd)

in Camp Street Jail.