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A concomitant to that story is varied sources of supply from areas of low political risk. The Guyana baisin offers that.

Eco Atlantic Hires Tudor, Pickering Ahead of Guyana Oil Suitors
2019-07-26 15:30:57.785 GMT

By Dinesh Nair and Paul Burkhardt
(Bloomberg) -- Eco Atlantic Oil & Gas Ltd., the Canadian
company working with Tullow Oil Plc in Guyana, hired advisers to
prepare for any potential approach by suitors before results
emerge from a closely watched drilling campaign, people with
knowledge of the matter said.
Eco appointed Tudor, Pickering, Holt & Co., the people
said, asking not to be identified because the information isn’t
public. The company and its partners started drilling the first
of two wells at the Orinduik Block on July 4, and estimated it
would take as many as 40 days to complete.
The Orinduik Block, where Eco owns a 15% stake, Tullow has
60% and Total SA holds 25%, is adjacent to an oil discovery by
Exxon Mobil Corp., which is estimated to hold 5.5 billion
barrels.
Eco Atlantic didn’t immediately respond to a request for
comment. Tudor, Pickering, Holt declined to comment.
Eco said July 5 that it is fully funded for its share of as
many as six exploration or development wells on the block, in
addition to the current two-well program.
Advisory boutique Perella Weinberg Partners in 2016
acquired oil and gas investment banking firm Tudor, Pickering,
Holt.

To contact the reporters on this story:
Dinesh Nair in London at dnair5@bloomberg.net;

I seem to have innumerable green filtered boxes on my WSG share chat feed!!

I take it Foxy is on one atm!!!

Not only that Gibbo, the Saudis are desperate to get the Aramaco IPO away and raise as many trillions as possible. I suspect that a trillion or so has just been wiped off of the IPO price ...or the ipo will have to be delayed ...again.
Should sharpen Saudi minds that they need peace to go alongside prosperity.

If Joe comes in I will buy a bottle. Quite fond of Havana Club..the older ones but haven't drink rum for a while. Dark and stormy is a fab ****tail...dark rum and ginger beer

The port is clearly up and running at full capacity ahead of schedule. The contractors, including WSG, have got up to speed in good order.
I would imagine that there are a number of things that need to get sorted out besides the basics of the contract terms. Setting up a local company, banking, taxation, legals, facilitating the flow of monies in and out of Ghana etc. Everything needs to be agreed, set up and in place, WSG, Scanport, MPS and the government. I would imagine these are the kind of things they have been dealing with over the past few months. As others have stated, there is no way the MD of MPS would have posted that article on his Linkedin page if he didn't agree with its contents.
We just have to wait and see to find out the detail. That is the lot of all share holders in all companies.
I think, considering all the financial progress the company has made over the last 4 years, the fantastic progress in technical sales, training and the improving SL numbers this second MSC is really going to be a step change for the company and there are many more promised. One begets another and all that.

If true , I think it will open 220 plus.

https://www.stabroeknews.com/2019/news/guyana/09/14/comment-on-impending-announcement-of-another-guyana-oil-find-was-speculative/

'However, sources close to the oil and gas sector say that while Verwey may have spoken out of his realm, preliminary readings from Tullow’s Joe-1 well that is currently being drilled offshore Guyana “shows similar play” to that of its successful Jethro-1 well and it is anticipated that oil could yet again be found in commercial quantities.'

Looking forward to Monday!

All the de-risking has happened long ago

Sell Guyana for as much as possible, keep a $100million cash, return the rest to share holders. Crack on with Namibia and get involved in some fresh acreage would be my ideal scenario. However, the majors keep mopping up acreage off shore Namibia so I suspect a sale will be for everything. A fantastic premium price for a premium tier 1 asset, Guyana, with Namibia being thrown in as the sweetener/bonus

There are 4 scanners installed and I believe more are going in. One of those knockers on the facebook page is clearly connected to GPHA...the old port. Bit of a turf war. The whole point of the past couple of months is to iron out the inevitable teething problems, sort out numerous systems and train staff. MPS has just declared themselves fully operational which means everything is up and running and they can handle volume traffic. Check out the facebook page.

What scanning problem Humanbait?

Don't think he would have replied if things were going badly...very encouraging noise.

https://www.ship-technology.com/projects/port-takoradi-expansion-ghana/

worth a read, one can see what's coming.

Pathetic try by the MMs....if you want to spook us , find a reason to bring the price down!!

thing to watch for is a softening of the sanctions regime to allow a meeting between Trump and Rouhani at the UN

Has sacked John Bolton. This is huge news. The chief hawk, the man who was behind the Iran policy is no more....awesome news. Very significant.

Encouraging signs today, some concerted bickering, sentiment at all time lows....happy days must be round the corner...as is spring!

Volume's just picked up Mike, flying now!

https://total-market-solutions.com/2019/09/10/malcy-talks-oil-gas-xiv/

Remains über bullish on ECO