Daily Archives: 09/22/2011

Rigs to Riches: A lesson for Guyana’s future?

Rigs to Riches: A lesson for Guyana’s future?

What Guyana does with the revenues from oil (and gas) will be important to its short and medium-term social stability and its longer-term economic prospects.

By Sir Ronald Sanders

BRIDGETOWN, Barbados, Thursday September 22, 2011 – Rigs to riches is the story of Norway’s rise from one of Europe’s backwater countries in 1969 to its position as one of the richest nations in Europe today.  How it achieved that status in just over 40 years could be a lesson for Guyana which is now on the brink of major oil exploration, discovery and production.

The Canadian company, CGX Energy, has recently announced that it is seeking to raise US$80 million, most of which will be used to fund its drilling activities within Guyana’s territorial waters.

CGX’s confidence in the possibilities of the Guyana drilling arises from the announcement by oil companies Tullow Oil PLC and Royal Dutch Shell PLC that they have opened up a new hydrocarbon basin offshore French Guiana with the discovery of a good quality oil reservoir from their first wildcat well.

Angus McCoss, Tullow’s exploration director, said the discovery is a “major step” because the geological system offshore Latin America is bigger than that of offshore Ghana.  He added,”There are at least half a dozen more of these Zaedyus type traps adjacent.”    more

Guyana Elections Commission Corner: Sept.19, 2011

Stabroek staff On September 19, 2011

Code of Conduct for political parties
The Guyana Elections Commission (GECOM) is moving towards getting all of the political parties which would contest the 2011 General and Regional Elections to sign the Code of Conduct for Political Parties and to generally abide by the protocols documented therein.

Accordingly, copies of the draft code have been dispatched to 17 political parties comprising those currently represented in Parliament, and others which have indicated interest in contesting the upcoming elections, for perusal and comment.        Continue reading

New CPR Method – Continuous Chest Compression Video

New CPR Method – Video

This is a new CPR technique which is much simpler. Please watch You never know, whose life you may save using this new procedure.

Be a lifesaver; not a bystander. Learn Continuous Chest Compression CPR from Gordon A. Ewy, MD, and Karl Kern, MD, the physician researchers who developed this new approach to CPR.

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