There been in the works for years about offshore drilling on the outside of the coast of Guyana. This has been well-known and is internationally known, as before the drilling the start. There was made arrangement between Exxon Mobile and Republic of Guyana. Therefore the squabble of the sea-bed and the ocean with Venezuela and Guyana… shows that both nations knew the value, as even at one point the Suriname could have showed with aggression of force towards Guyana. This was in the calculation of the United States Oil Company. Exxon Mobile was aware of this even in the 1990s and therefore before the boarders of the sea nd the republics right of the possible offshore adventure, the company had assessed the possible problems ahead. That shows how far this company goes to get massive profits. This is one of the Standard Oil babies, therefore the Exxon Mobile has a history and that repeat itself. Even Rex Tillerson the newly appointed State Secretary in the Trump Administration had something to do with newly forged deals with the Guyana republic. As the Republic of Guyana, also difference in value of the oil reserve between 2016 and 2017 is staggering. That the oil value goes from $70bn in 2016 instead of $200bn in 2017. This shows the proof what is coming and what the state can benefit from the oil drilling. Take a look!
Tillerson in Guyaya:
“Rex Tillerson was scheduled to meet with Guyanese President David Granger at mid week to discuss ExxonMobil’s humongous oil and gas find of the country’s Atlantic coast back in May of last year. He was due to arrive late Tuesday” (…) “Oil Minister Raphael Trotman says every effort is being made to avoid this. Legislation which had catered mostly to deal with exploration rather than production is being updated, local content clauses requiring companies to hire locals and buy local will be included and professionals are being scrambled for overseas training in areas including petroleum law” (…) “Trotman has also said that a big chunk of revenues from the first few years of production — expected to commence around 2019-20 — will go to Exxon, meaning that Guyana “would be getting hundreds of millions of dollars but once that phased is passed we are taking about billions annually. At today’s prices the Liza find is worth about $70 billion dollars” (Wilkerson, 2016).
By law in Guyana Parliament:
“This Order may be cited as the Petroleum (Exploration and Production) (Tax Laws) (Esso Exploration and Production Limited, CNOOCNexen Petroleum Guyana Limited and Hess Guyana Exploration Limited) Order 2016” (…) ““Agreement” means the Petroleum Agreement between the Government of Guyana of the one part and Esso Exploration and Production Limited, CNOOCNexen Petroleum Guyana Limited and Hess Guyana Exploration Limited of the other part dated 27 June 2016 concerning the Stabroek Block, Offshore Guyana, which is a production sharing agreement” (Guyana, 2016).
Agreement in 1990s:
“Esso Exploration and Production Guyana Limited (EEPGL) has a Production Sharing Contract with the Government of Guyana dating back to 1999, which now covers 26.8k km2 in the Stabroek block, following required acreage releases (Figure A.1). In 2014, Hess (30%) and Nexen (25%) farmed in to the block. In May 2015, EEPGL announced a significant discovery of high-quality oil-bearing sands with the Liza-1 well (approximately 190 km [120 miles] offshore Guyana)” (Esso, P: 1, 2016).
Staboek oil drilling:
“The FPSO will be designed to receive full well stream production and process oil at a design rate of 100,000 Barrels of Oil Per Day (BOPD) annual average, with the ability for sustained peaks of up to 120,000 BOPD, and a minimum oil storage capacity of 1.6 million barrels of oil. It will be designed to remain on station continuously for at least 20 years. Production and injection wells will be tied back (i.e., connected) directly to the FPSO via flowlines and risers. Umbilical(s) will provide power, control, and subsea chemicals to the drill centers” (…) “At peak production during Phase 1, the FPSO will offload up to 1 million barrels of oil to a conventional tanker approximately once every 10 days using an industry proven FPSO tandem offloading configuration. The conventional tanker will be held in position with the assistance of tug(s) to maintain a safe separation distance of approximately 120m from the FPSO” (Esso, P: 8, 2016).
Plan for Decommissioning:
“At this time, the expectation is that the SURF components would be detached from the FPSO and abandoned-in-place on the sea floor, consistent with standard industry practice. Risers and umbilicals would be flushed before being abandoned and wells would also be plugged and abandoned. For each well, cement and mechanical barriers would be used to secure the well casing and isolate the wellbore from the formation. A cement plug would also be set near the mudline surface to cap each well. The FPSO is expected to be towed away” (Esso, P: 11, 20016).
The new report of 2017 has more details into the production offshore of Guyana. There are certainly new aspects of the oil drilling. Where the environment get a little bigger aspect as even the changes of environment get a few more fleshy details:
“Air emissions resulting from the Project have the potential to change ambient air quality in the Project Area of Interest (AOI) on a localized basis. Potential impact of greenhouse gas emissions from the Project on climate change” (…) “Subsea sound could cause impacts to sensitive marine fauna (e.g., whales, turtles, and fish) in the PDA” (…) “The Project will disturb marine geology and sediments on a localized basis in the PDA and could impact sediment quality from non-aqueous base fluid (NABF) on drill cuttings discharges” (…) “The Project could potentially impact beaches, mangroves, and wetland habitats in the Project AOI as a result of non-routine, unplanned events” (…) “The Project has the potential to adversely impact cultural heritage through localized disturbance of archaeological or historical sites related to Project development. These resources have conservation, cultural, and other values to stakeholders” (Esso, P: 14-17, 2017)
So with this in mind the government has even had a workshop in February this year. So that the Exxon Mobile Corporation and their drilling and offshore petroleum in the sea of Guyana. The whole deal and agreement between the nation and the business is not clear to the public, except that the business is supposed to be licenced for the drilling and give tax-monies of the production. The Exxon Mobile has already proven that they don’t build a refinery, so the export from the platform to the specialized boats to transport petroleum. Therefore the meeting in Jamaica, Kingston, shows the ability to speak with the ones that starting industry in the South American Nation:
“A HIGH-LEVEL team of Government officials was on Wednesday morning briefed by ExxonMobil on its production preparations, a move which marks the commencement of a series of consultations by the U.S. oil giant with stakeholders.The technical briefing was held at the Marriott Hotel, Kingston and a similar exercise was also expected to be carried out later in the day with a team led by Opposition Leader, Bharrat Jagdeo” (…) “The report stated that early, rough estimates by experts of how much recoverable oil Guyana could have range to more than four billion barrels, which at today’s prices would be worth more than US$200B.
In addition to the Liza field, Exxon and drilling partner, Esso Exploration and Production Guyana Limited are also exploring the Payara field, which is part of a block of 6.6 million acres. On January 12, Exxon announced that its drilling partner encountered more than 95 feet (29 metres) of high-quality, oil-bearing sandstone reservoirs at Payara. It said that the area was safely drilled to 18,080 feet (5,512 meters) in 6,660 feet (2,030 metres) of water” (Solomon, 2017).
So the plans of drilling are set and the anticipated waste is happening as well. That Exxon Mobile will make a killing on these fields in pure and true. The massive reserves will surely make the government of Guyana happy as they even got settled who owned the waters between them and Venezuela.
There are so many more things to come as the proof of the environmental problems and the financial implications is also coming to the forefront with the different values in 2016 and 2017. Exxon Mobile has been hands on and used all means, even foreseen the implications of their activity in Guyana, as they we’re even embedded with the government before the drilling and before the settlement and lawful judgement on who could licence the sea and offshore areas was put in order. Even decades before and therefore the problems with Venezuela and Surinam over who owns it, shows the true levels of planning that the Oil Corporations does. That the Exxon Mobile leadership does what it takes to get giant petroleum reserves. Like the Standard Oil did in the past, so does it future clone Exxon.
We can just follow and wonder what this will lead too and what sort of ways the state can get the funds and resources into the consolidation funds, not to speak of in use for the citizens of Guyana. Not only the elite and the central leadership as so many petro-dollars have ended at. Let’s hope that the Guyana Republic and their leadership can sustain the offshore adventure and also give it back to its citizens. Peace.
Esso Exploration and Production Limited Project – ‘SUPPLEMENTAL INFORMATION TO THE APPLICATION FOR ENVIRONMENTAL AUTHORISATION FOR EEPGL’S LIZA PHASE 1 DEVELOPMENT, STABROEK LICENSE AREA, OFFSHORE GUYANA’ (8/2/2016) “ESSO EXPLORATION AND PRODUCTION GUYANA LTD”
Esso Exploration and Production Guyana Ltd – ‘PROJECT SUMMARY FOR LIZA PHASE 1 DEVELOPMENT, STABROEK LICENSE AREA, OFFSHORE GUYANA’ (January 2017)
Memorial of Guyana – ‘Exxon signs PSC for Deepwater Acreage off Guyana; Adds to Global Deepwater Portfolio’ (14.06.1999).
Guyana: ‘THE PETROLEUM (EXPLORATION AND PRODUCTION) ACT – IN EXERCISE OF THE POWER CONFERRED UPON ME BY SECTION 51 OF THE PETROLEUM (EXPLORATION AND PRODUCTION) ACT, I MAKE THE FOLLOWING ORDER’ No. 10 of 2016 (2nd August 2016).
Solomon, Alva – ‘Oil Brief –Exxon briefs Gov’t, Opposition on preparations for oil production’ (01.02.2017) link: https://guyanachronicle.com/2017/02/01/oil-brief-exxon-briefs-govt-opposition-on-preparations-for-oil-production
Wilkinson, Bert – ‘Tillerson scrubs Guyana visit’ (15.12.2016) link: http://www.caribbeanlifenews.com/stories/2016/12/2016-12-16-bw-tillerson-trump-pick-cancels-guyana-visit-cl.html
“A man who has never gone to school may steal a freight car; but if he has a university education, he may steal the whole railroad.”
― Theodore Roosevelt
Thieving never stops through systematic and planned behaviour of state officials and government men and woman who wishes a short-cut to earning the big-bucks. It is an international problem. Again I will, blatantly address recent cases because this is something that doesn’t stop. Because of the greed and wish to be rich, in our time and before people and leaders isn’t happy with an ordinary life; they want to live in luxury instead of in normal household. Therefore they go to the extent of making sophisticated ways of trading and using government funds to steal and corrupt systems on their own behalf. Instead of delivering the service and institutions the citizens are supposed to have gained with this money and taxes. Here are some cases!
Back in time the Olympics we’re also corrupt:
“The fact is that even this Olympic truce often broke down,” says Large. “Famously in 364 BC when soldiers from the city of Elis actually invaded the Olympics grounds in order to retrieve protection rights over the games, that had been taken away from them in the years before. So there was a bloody battle going on right during the wrestling competition” (…) “The Spartans were also a problem,” adds Large. “They had been banned from the Olympics for many years. They themselves thought the Olympics, in any event, were not bloody enough for their taste. But they did show up in the 420s and they got themselves banned once again for extra-curricular fighting.” (…) ““It’s often assumed somehow these ancient Games were purer than the modern ones,” Large concludes. “In fact, if anything they were even more corrupt, perhaps.” (Woolfe, 2016).
Cashgate of Malawi continues:
“Seven cabinet ministers are reported to be implicated in the K577 billion (about $856 million) financial analysis report of what has been dubbed the Capital Hill ‘cash-gate’ scandal, named after the seat of government” (…) “He added that he had not received any names in connection with the audit query as yet” (…) “Last week I sent Chief Secretary to Auditor General [to get names] b,” said Mutharika, adding that he did not have any name of a minister” (…) “Where they [media] get the names I don’t know,”he said” (…)“If anybody has got names please bring them to State House, I would like to see them and action will be taken,”Mutharika said after being asked by one citizen during the program when he will act on the rotten ministers and cronies” (Chiluga, 2016),
“Speaking about perceptions currently enveloping the political atmosphere in Guyana, Rohee said the subject is of importance to any society. “Perception is important in any society. As they say, perception is reality, and I’d like to emphasise that. And we can’t view that selectively; it is a general, universally accepted social and psychological phenomenon, that perception is reality,” he said” (…) “It is not for me to say that. Why should I say that? That is a general perception out there,” (…) “Said he: “They are helping to reinforce that perception; when we were in government and now that we are in the Opposition. And now the government is being driven by media houses to deal with that matter by setting up SARU [State Asset Recovery Unit]. So let’s take it from there.” (Singh, 2016).
“CENTRAL Division police arrested a building contractor on Friday as he attempted to bribe a Local Government councillor who had cautioned him about substandard work on a project in the district” (…) “The Fyzabad contractor was arrested at the office of People’s National Movement (PNM) councillor for California/Point Lisas, Alif Rodney Mohammed, at around 10 a.m” (…) “Mohammed said he was offered a $1,000 bribe to turn a blind eye to shoddy work on a project in his electoral district” (Kissoon, 2016).
In the Philippines:
“THE Office of the Ombudsman affirmed the indictment of Cebu Provincial Board Member Celestino “Tining” Martinez III and former Bogo City treasurer Rhett E. Minguez over allegedly irregular release of fertilizer fund amounting to P6 million in 2004” (…) ““As signatories, respondents should have raised reasonable questions on the legality or regularity of the transaction,” said Morales in her order” (…) “The Ombudsman also dismissed Martinez III from government service over the same case” (…) “In 2004, the Bogo City Government received six checks totaling to P6 million from the Department of Agriculture in Central Visayas for the procurement of fertilizer for rice and corn in 2004” (…) “Government auditors, in their 2006 report, said the foundation failed to liquidate the money. COA’s Audit Observation Memorandum also noted that the foundation failed to submit a list of previous projects implemented and that no accomplishment reports were submitted” (…) “State auditors also pointed out that officials failed to make representations with Sikap Yaman for the liquidation of the P6 million, while the Commission on Audit (COA) named the foundation as the supplier of 250 bottles of overpriced liquid fertilizers in Tuburan in 2004” (Dalipe, 2016).
“Ukrzaliznytsia Head Wojciech Balczun. He wrote: “We will change railway tickets booking system. Also discussed this topic during the board meeting. Moving in the direction of the elimination of so called “commercial booking”, the huge source of abuse and corruption. Like when it is impossible to buy a ticket while trains are going empty” (…) “The commercial agent should take all risks. In one form or another there will be a reservation for vulnerable groups and government authorities. Majority of tickets for the open!” Ukrzaliznytsia CEO stressed” (Censor.net.ua, 2016).
So as seen now the cases are all over. It is one continuation from before from Malawi as the President are wondering how the Media got the hold of names involved in the greatest scandal with government funds except for the Zambian Maize fiasco. The others are proof of how old the corruption of back to ancient Athens and their Olympics. Also actions in the Guyana, Trinidad, Philippines and Ukraine; so the tales of corruption happens everywhere and showing tales that isn’t the Fox News crap or something else biased nonsense. This is just common corrupt behaviour. And there are always more! Peace.
Chiluga, Zawadi – ‘Malawi President to act on corrupt gangsters in cabinet: ‘Give me names of 7 cashgate ministers’ (09.08.2016) link: http://www.nyasatimes.com/malawi-president-act-corrupt-gangsters-cabinet-give-names-7-cashgate-ministers/#sthash.VgmukkdB.dpuf
Censor.net.ua – ‘Ukrzaliznytsia to change railway tickets booking system: majority of tickets to be availabe for open sale, – Balczun’ (10.08.2016) link: http://en.censor.net.ua/news/401159/ukrzaliznytsia_to_change_railway_tickets_booking_system_majority_of_tickets_to_be_availabe_for_open
Dalipe, Gerome M. – ‘Ombud affirms graft rule on Martinez’ (04.08.2016) link: http://www.sunstar.com.ph/cebu/local-news/2016/08/04/ombud-affirms-graft-rule-martinez-489427
Kissoon, Carolyn – ‘Contractor held: offered bribe to councillor’ (06.08.2016) link: http://www.trinidadexpress.com/20160806/news/contractor-held-offered-bribe-to-councillor
Singh, Raven – ‘Rohee rocks the boat –confirms PPP corrupt perception; declares ‘perception is reality’ (05.08.2016) link: http://guyanachronicle.com/rohee-rocks-the-boat-confirms-ppp-corrupt-perception-declares-perception-is-reality/
Woolf, Christopher – ‘The ancient Olympics were dirty, violent, corrupt affairs. There was even regular ‘doping.’’ (05.08.2016) link: http://www.pri.org/stories/2016-08-05/ancient-olympics-were-dirty-violent-corrupt-affairs-there-was-even-regular-doping