Statement from John Suk Chair Brock University Board of Trustees

It is with great regret that I am announcing that Dr. Wendy Cukier and the Board of Trustees of Brock University have arrived at a mutual decision to not proceed with her appointment as President and Vice-Chancellor of Brock University.Dr. Cukier is an outstanding alumnus and scholar, with a well-established record as a university leader. We greatly appreciate her contributions to the University since her appointment was announced last December. The long transition process gave both parties an opportunity to work together and many positive developments ensued. Dr. Cukier brought to the University new opportunities that will be part of her legacy. However, both parties have determined through this process that it was best not to proceed with her appointment.Dr. Cukier will continue her work on innovation, on diversity and her active engagement with industry and community organizations. We wish her all success in her future endeavours.Details regarding the formal search for Brock University’s President and Vice-Chancellor will be announced at a later date.John Suk,Chair, Brock University Board of Trustees read more

Liza Phase 1 on track for first oil in 2020 as

…says second PGS vessel released following Venezuela incidentStabroek Block: The fields explored by Exxon and its partners in the Stabroek BlockHess Corporation said on Monday that drilling has begun on the Haimara-1 exploration well offshore Guyana, the first of two planned exploration wells in January.The company in a statement said that the Stena Carron drillship is drilling the Haimara-1 well, located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeastern part of the Stabroek Block.It was also outlined that another drillship, the Noble Tom Madden will drill the second well, Tilapia-1, located three miles (five kilometers) west of the Longtail-1 discovery. The Tilapia-1 well is located in the growing Turbot area.Moreover, it was explained that ExxonMobil is progressing the Liza Phase 1 development, which has moved into its peak execution phase ahead of expected startup in early 2020.“Drilling of development wells in the Liza field is continuing using the Noble Bob Douglas drillship, subsea equipment is being prepared for installation, and the topside facilities modules are being installed on the Liza Destiny floating, production, storage and offloading (FPSO) vessel in Singapore” the statement said.Preparations are underway for the commencement of pipe-laying activities in the Liza field in the spring.According to Hess, “The Liza Destiny FPSO is expected to sail from Singapore to arrive offshore Guyana in the third quarter of 2019. The growing resource base on the Stabroek Block underpins the potential for at least five FPSOs producing more than 750,000 barrels of oil per day by 2025. Liza Phase 2 is expected to start up by mid 2022. Pending government and regulatory approvals, project sanction is expected in first quarter 2019 and will use a second FPSO designed to produce up to 220,000 barrels per day. Sanctioning of a third development, Payara, is also expected in 2019 with start up as early as 2023.”Furthermore, the company said that ExxonMobil plans to deploy a seismic vessel operated by Petroleum Geo-Services (PGS) to the Turbot area to acquire 4-D seismic data similar to a 4-D campaign conducted in the Liza area in 2017.Hess explained that “A second PGS vessel has been released after seismic acquisition activities were suspended on Dec. 22 when vessels were approached by the Venezuelan navy in the northwest portion of the Stabroek Block.”It said that drilling and development operations offshore Guyana are unaffected by the incident, which occurred more than 110 kilometers northwest of the Ranger discovery.Following the incident, Government with the support of the Opposition called on Venezuela to cease its intimidatory tactics and respect Guyana’s territory.It was revealed that the Venezuelan Navy on the day of the attack attempted to land a helicopter on the Ramform Tethys (ship).The Stabroek Block is 6.6 million acres.Esso Exploration and Production Guyana Limited is operator and holds a 45 per cent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds a 30 per cent interest and CNOOC Nexen Petroleum Guyana Limited holds a 25 per cent interest. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedBREAKING: ExxonMobil announces 13th discovery offshore GuyanaApril 18, 2019In “Business”9th oil discovery announced as Hess hits Hammerhead-1 wellAugust 30, 2018In “Business”ExxonMobil’s Liza Phase 2 to produce over 200,000 barrels of oil per dayMay 3, 2019In “Business” read more