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Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783021861
Category : Technology & Engineering
Languages : en
Pages : 40
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Book Description
TOGY is pleased to present The Oil & Gas Year Guyana 2019, our first edition on the country. This booklet covers Guyana’s fast-moving developments, including recent hydrocarbons discoveries, increasing interest from international investors and preparations the government is making to ensure proper oversight and sustainable development of the local oil and gas industry, as well as opportunities for local and regional businesses. With 10 oil and gas discoveries in the Stabroek block and new exploration and development plans being set by a number of players, Guyana is a rising star in the global oil and gas arena. As of December 2018, 5 billion boe of recoverable resources have already been identified and there is excitement about the country’s further hydrocarbons potential. Government institutions and local companies have much work to do before first production is reached in 2020 and Guyana’s economy is forever transformed. So far, several significant milestones have been achieved, including the establishment of the Department of Energy in August 2018 to oversee and facilitate the industry’s development. Additionally, the World Bank and IMF have both contributed to the review and drafting of key oil and gas legislation. In-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to enter the Guyanese market.
Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783021861
Category : Technology & Engineering
Languages : en
Pages : 40
Get Book Here
Book Description
TOGY is pleased to present The Oil & Gas Year Guyana 2019, our first edition on the country. This booklet covers Guyana’s fast-moving developments, including recent hydrocarbons discoveries, increasing interest from international investors and preparations the government is making to ensure proper oversight and sustainable development of the local oil and gas industry, as well as opportunities for local and regional businesses. With 10 oil and gas discoveries in the Stabroek block and new exploration and development plans being set by a number of players, Guyana is a rising star in the global oil and gas arena. As of December 2018, 5 billion boe of recoverable resources have already been identified and there is excitement about the country’s further hydrocarbons potential. Government institutions and local companies have much work to do before first production is reached in 2020 and Guyana’s economy is forever transformed. So far, several significant milestones have been achieved, including the establishment of the Department of Energy in August 2018 to oversee and facilitate the industry’s development. Additionally, the World Bank and IMF have both contributed to the review and drafting of key oil and gas legislation. In-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to enter the Guyanese market.
Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783022310
Category : Business & Economics
Languages : en
Pages : 24
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Book Description
“Guyana is very attractive. The market is straightforward, fiscal terms are very appealing and it is a great place to explore for oil.” Ian Cloke, Executive Vice-President of New Ventures for Tullow Oil Ian Cloke’s words summarise the energy industry’s excitement for the prospects of Guyana as the country transforms thanks to huge offshore discoveries of oil. The Oil & Gas Year Guyana 2020 highlights these discoveries and Guyana’s ambitious aims to ramp up production in such a way as to avoid becoming a “resource curse” country. TOGY’s second publication on Guyana’s energy industry includes unparalleled analysis of ExxonMobil’s discoveries and production, as well as comments from Guyanese companies and institutions such as Guyana Shore Base and GO-Invest and international names including EY and Century Tamara Energy Services. In the coming years, regardless of the effects of the Covid-19 pandemic, Guyana will be unrecognisable from the country it was just recently. Interviewing actors across the value chain such as Tullow Oil, Guyana Logistics & Support Services, MatPal Marine Institute and many others, TOGY covers these changes and provides many more resources for the numerous investors who are looking at this small corner of South America set for wholesale advancement.
Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783021462
Category : Business & Economics
Languages : en
Pages : 142
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Book Description
TOGY is pleased to present The Oil & Gas Year Trinidad and Tobago 2019, published in partnership with the Ministry of Energy and Energy Industries and the Energy Chamber of Trinidad and Tobago. The Oil & Gas Year Trinidad and Tobago 2019 analyses this changing landscape and the approaches the country can take to maintain its competitive edge in the mid-to-long term, including the development of NiQuan Energy’s GTL plant and the establishment of the island nation as a logistics and training hub for Guyana’s burgeoning oil and gas industry. This fifth edition covers efforts to resolve continued gas curtailments via cross-border deals and negotiations with Grenada, Venezuela and Guyana, as well as through renegotiated contracts between producers and the National Gas Company of Trinidad and Tobago, and new gas production from super-major BP and local player DeNovo Energy. The book also showcases the expansion of the main ports at Point Lisas and Galeota, NOC Petrotrin’s challenges and subsequent restructuring, and the domestic EPC landscape. With gas coming on line from the startup of new developments throughout 2018, gas production has begun to rise steadily back up to previous levels. More gas is expected to come from offshore areas, such as acreage currently being explored by BHP Group. Trinidad and Tobago is awaiting the March 2019 start of commercial production at Caribbean Gas Chemical’s complex, which will increase the country’s competitiveness against other methanol producers in the Western Hemisphere. However, slowed gas production and feedstock supplies could potentially see the island nation pushed out of its position as the world’s top methanol producer. The Caribbean energy landscape is also shifting, with countries such as Grenada, the Bahamas, Jamaica and, most notably, Guyana delving deeper into their own oil and gas activities, looking to offset production gaps resulting from the current instability of regional heavyweight Venezuela. Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations in or enter the Trinidadian market.
Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783021985
Category : Business & Economics
Languages : en
Pages : 133
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Book Description
The Oil & Gas Year (TOGY) researched and created its Mexico 2019 edition in order to present readers with an exhaustive picture of the country’s energy industry. The research and publication of this year’s edition happens at an inflection point where under a new government, the industry is witnessing tangible changes to its operating environment. The book includes the perspectives of the most important stakeholders within the industry and features the most influential companies spanning the energy value chain. This exclusive material is complemented by articles providing in-depth analysis of the most pressing challenges Mexico faces today: increasing hydrocarbons production, boosting the development of the national industry and securing energy independence, among others. This seventh edition of The Oil & Gas Year Mexico provides foresight to investors and companies looking at strategic growth opportunities in the country, at a time when political transition and public policy changes are reshaping a globally important energy industry.
Author: The Energy Year
Publisher: The Oil & Gas Year Limited
ISBN: 1783021888
Category : Technology & Engineering
Languages : en
Pages : 105
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Book Description
Oil and gas production is expected to increase over the coming decade, with the ANP projecting an output of 5.5 million bopd by 2027-2028. Furthermore, 44 offshore production systems are expected to come on line by 2030. Brazil has started to attract the attention of oil majors across the globe and will continue to be a regional investment hub for years to come. As such, the report covers the laws and regulations of the new administration that will shape the local investment environment. This third edition also delves into other attractive business opportunities in Brazil’s conventional offshore and onshore basins. Less than 30,000 wells have been drilled in the country’s oil and gas history, compared to almost double that in Argentina and more than 100 times that in the USA. The ANP recognises the need to incentivise E&P in areas the prolific Pre-Salt Polygon. Despite the progress being made in the development of Brazil’s oil and gas industry, challenges loom overhead. Environmental issues will come to the fore as some segments of society contest the new administration’s move to a more laisssez-faire market approach, particulary in areas near the Amazon rainforest. The government is under pressure to tackle these issues and push forward the industry’s development. Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations or enter the Brazilian oil and gas market.
Author: Benn, V.
Publisher: CIFOR
ISBN: 6023871321
Category :
Languages : en
Pages : 68
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Book Description
Guyana is a small country with 87.5% of its area covered with forest (GFC 2018b) and lies in the center of the Guiana Shield, one of the four largest remaining standing tropical rainforests in the world. In 2006, Guyana took advantage of the recognition of the value of standing forest to mitigate climate change and became actively engaged in REDD+. Subsequently, in 2009, a Memorandum of Understanding was signed with Norway to support implementation of a Low Carbon Development Strategy (LCDS). This was a national plan to reorient Guyana’s economy and move towards more sustainable extractive industries and forest management. The bilateral agreement with Norway established a framework for performance-related finance of up to USD 250 million from 2010 to 2015 for implementation of the LCDS. Three main pillars of the LCDS, linked to its REDD+ agenda, included maintaining historically low deforestation, endorsing low carbon development and adapting to climate change (Bellfield et al. 2015).More recently, and building on the LCDS, a new Green State Development Strategy: Vision 2040 has been developed for Guyana as a “twenty-year, national development policy that reflects the guiding vision and principles of the ‘green agenda’. The central objective is development that provides a better quality of life for all Guyanese derived from the country’s natural wealth – its diversity of people and abundant natural resources (land, water, forests, mineral and aggregates, biodiversity)” (GoG 2019b, p. 1).Since 2009, CIFOR has conducted the Global Comparative Study (GCS) in 13 countries, with Guyana as the final addition. Among the GCS-REDD+ case studies, Guyana is one of the most advanced REDD+ countries, alongside Brazil (KorhonenKurki et al. 2019), and the Norway–Guyana bilateral agreement is the world’s second largest national-level REDD+ scheme (Bade 2013). Yet, Guyana’s economy still largely depends on extractive resources, with mining remaining the main driver of deforestation and forest degradation. The potential revenue anticipated from offshore oil extraction might change the country’s landscape and outlook, putting the permanence of REDD+ under scrutiny. The Guyana case study, therefore, presents many lessons on how to balance development paths without jeopardizing national forest resources.
Author: Oneka LaBennett
Publisher: NYU Press
ISBN: 1479827010
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
"This book makes the bold claim that we must put the small, easily overlooked South American nation of Guyana on the map if we hope to understand the global threat of environmental catastrophe as well as the pernicious forms of erasure that structure Caribbean women's lives"--
Author: Ivelaw Lloyd Griffith
Publisher: Taylor & Francis
ISBN: 1040034330
Category : Political Science
Languages : en
Pages : 314
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Book Description
This book is about oil and gas dynamics in the world’s newest petro-powers-in-the-making, and the attempts to balance this against the impact of climate change. The known oil reserves in the Guyana-Suriname Basin total some 30 billion barrels equivalent, and the gas reserves exceed 30 trillion cubic feet. This massive offshore discovery amounts to 10 percent of the world’s conventional oil, but Guyana and Suriname are also in a wet neighborhood, where the impact of climate change stands to wreak havoc on the area and undermine some of the oil gains. Examining the political economy of petroleum production and some of the myriad challenges and opportunities involved, the expert contributors discuss the global and regional geopolitical and national security ramifications of the petroleum pursuits and explore global climate change dynamics and their effects on the region. This title will be of interest to students, scholars of international political economy, environmental politics, and the Caribbean. It will also be invaluable to policymakers in countries with business investments in Guyana and Suriname, especially in the energy sector, and policy and operational staffs in regional and international organizations and companies.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 102
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Book Description
Following the pandemic-induced recession in 2020, economic growth recovered in 2021, with non-oil GDP growth reaching 4.6 percent, despite being negatively impacted by floods. Inflation increased markedly since 2021 owing to the floods and supply-side disruptions, as well as continually rising fuel and food prices. Oil production increased and will ramp up substantially over the medium term.
Author: Springer Nature Limited
Publisher: Springer Nature
ISBN: 1349960764
Category :
Languages : en
Pages : 1414
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Book Description
