Tag: development


Exxon Loads Up On Oil In New Offshore Development In Guyana

According to ExxonMobil, it has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals.  The company noted that the Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production and […]


Jamaica’s Working Age Population Now At 69.7 %

Photo credit: Dave Reid According to Director-General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, persons falling within Jamaica’s working-age range of 15 to 64 years now stand at 69.7 percent of the overall population of 2.9 million. He noted that this historical figure creates a window of opportunity for the country, often referred to as a demographic […]


A View On Development

If a blind man is fed with a gold spoon, is he rich? If a thief makes off with a bag of gold is he worse off? I could say no to the first and yes to the latter, and elicit raised eyebrows. My answers are either a myopic view, a misunderstanding of what gold does for its owner and […]