Opinions

Production-Sharing Agreements (Pt. 2): Ownership & mineral development rights

(Part 2) Excerpt from an analysis done by Kristen Bindemann, Oxford Institute of Energy Studies There are two methods of contracting: bilateral negotiation and competitive bidding. When a contract is negotiated bilaterally, the firm, usually a multinational (such as ExxonMobil),...

Should Guyana have its own oil refinery?

A recent assessment by the consultant Pedro Hass, from the British-based international think-tank Chatham House, concludes that building a 100,000 barrel per day oil refinery in Guyana could cost up to $5 billion USD and that such an enterprise...

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Kareshma Narine, the Guyanese who helped chart the early days of offshore drilling

Kareshma Narine was one of the first Guyanese to take up a position aboard the Noble Bob Douglas drill...