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Vol. 32, Issue 11 QUEENS/LONG ISLAND/BRONX/MANHATTAN March 12-18, 2021
CARICOM’S
GUSHING
OIL BASIN
Oil, gas supermajors increase
exploration
By Bert Wilkinson
With global oil prices recovering
slowly from the COVID-19
pandemic, oil and gas supermajors
are stepping up exploration
and production activities in CARICOM
member nations Guyana
and Suriname with a series of
well drilling activities planned
for this year.
The two amazingly resourcerich
countries are leading the
way in the 15-nation grouping
in oil exploration, attracting the
attention of the world’s leading
oil companies in the aftermath
of nearly 25 major oil well finds
of super light, high quality crude
in offshore regions located largely
on each other’s maritime borders.
Texas-based ExxonMobil,
which first told the world of a
“world class” offshore Guyana oil
and gas find back in 2015 is so
excited about its unprecedented
successful drilling program in
Guyana that it is cutting back
activities and operations in other
oil producing countries around
the world to free up money and
resources to concentrate on Guyana.
Hess Oil, one of the three
consortium investors along with
Exxon and China’s Nexen, has
also made it clear that Guyana
is the place to be and has also
moved to free up capital to throw
into any venture offshore Guyana
in the coming months.
So far, Exxon has found oil
in 18 of just over 20 wells it has
drilled since 2015 and is moving
to convert three of them into
major oil fields — Liza One and
Two, Payara and later Yellowtail.
A slew of others in its dramatically
rich and successful Stabroek
Block will wait in the wings for
future regulatory approval and
development.
Across the bordering Corentyne
River with Suriname,
French major Total, Kosmos,
Chevron, Apache of the US, Petronas
of Indonesia and Tullow
Oil of the United Kingdom have
all reported major successes
drilling wells bearing sweet light
crude just across the border line
with Guyana.
Like its neighbor to the east,
oil operators there are rushing
to begin production by 2025, five
years after the first wells were
discovered. Guyana became a
global producer in late 2109, just
under fire years from the first
oil shout.
Trying to ride on success in
the Stabroek Block, Exxon is
now throwing resources into the
nearby Canje Block moving this
week to drill Jabillo-1, its second
well in that concession follow-
CM Mathieu Eugene at Red Room Podium, Offi ce of Council Member Mathieu Eugene.
City Council Press Offi ce
City Council adopts legislation to
protect immigrant workers
By Nelson A. King
Brooklyn Democratic Council
Member Mathieu Eugene, a
staunch advocate for immigration
rights and protections, said
on Monday that the City Council
has adopted overwhelmingly
three pieces of legislation that
he sponsored calling on the
US Department of Homeland
Security (DHS) and Congress
to halt deportation proceedings
for employment-based status
holders who have lost employment
due to COVID-19.
“The COVID-19 pandemic
continues to be a serious threat
to public health on a global
scale, and far too often it has
put members of the immigrant
community in a dangerous and
untenable living situation,”
Haitian-born Dr. Eugene, a
physician by training, who represents
the 40th Council District
in Brooklyn, told Caribbean
Life.
“The legislation I have sponsored,
adopted overwhelmingly
by the City Council, calls on
The Department of Homeland
Security and Congress to take
proactive measures in halting
all removal proceedings
for employment-based status
holders who have lost employment
due to COVID-19,” added
Eugene, a candidate for the
Democratic Party’s Primary for
Brooklyn Borough President in
June.
“There are so many hardworking
members of the immigrant
community who have
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