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Breds forget this NGC thing.?Redman wrote:Not you alone.
Breds forget this NGC thing.
Just for the discussion.
I'm saying we already have the best quality people avoiding politics because it is what it is.
We have to thread a needle here to ENCOURAGE the right people to run the state enterprises.
Someone who has built reputation and maybe wealth over a lifetime will not take asymmetric risk at the tail end of it just to serve.
Business risk is what the board HAS to take.
Being hung out to dry by POLITICAL OPPONENTS because of a business failure is fair?
Redman wrote:Not you alone.
Breds forget this NGC thing.
Just for the discussion.
I'm saying we already have the best quality people avoiding politics because it is what it is.
We have to thread a needle here to ENCOURAGE the right people to run the state enterprises.
Someone who has built reputation and maybe wealth over a lifetime will not take asymmetric risk at the tail end of it just to serve.
Business risk is what the board HAS to take.
Being hung out to dry by POLITICAL OPPONENTS because of a business failure is fair?
Redman wrote:Thank you for your knowledge and experience WK- clearly youve demonstrated both to the best of your ability.
Red government squandered it bro not Trinidadtimelapse wrote:Guyana already has a stance that Trinidad squandered its oil and have no intention of allowing us to do the same with theirs
Dem doh business which government.Trinidad politics don't matter outside of Trinidad.Trinidad waste the skunting oil.Uncle Bas was no better than the red party.He sold us out to BPzoom rader wrote:Red government squandered it bro not Trinidadtimelapse wrote:Guyana already has a stance that Trinidad squandered its oil and have no intention of allowing us to do the same with theirs
Bas ran this country on $9 us a barrel brotimelapse wrote:Dem doh business which government.Trinidad politics don't matter outside of Trinidad.Trinidad waste the skunting oil.Uncle Bas was no better than the red party.He sold us out to BPzoom rader wrote:Red government squandered it bro not Trinidadtimelapse wrote:Guyana already has a stance that Trinidad squandered its oil and have no intention of allowing us to do the same with theirs
Redman wrote:Business is risk.
Political dimension s add infinite layers of risk.
Normal business decisions especially at a board level require decisions to be made now that will have an indeterminate result in the future.
The world,the markets,ministers and government change.
Allyuh talking about state enterprises that throw money on projects that they shouldn't have, possibly because the Cabinet say so because ..politics.
What makes you think cabinet wouldn't throw money behind a politically driven law suit to nail an opposing party.Its great press and people lose interest but retain the negatives.
An individual will have to fund his defense privately while the political directorate doesn't.
This is fact.
This is done by both sides.
This has happened and is happening.
Neither of you would serve if there is exponentially more downside than there is upside.
Watch the long term tax break that BP got.Big business always uses the excuse that it provides labour and uses that to leverage tax breaks.That tax break would have come in handy later on.Just as the PNM mismanaged the oil boom long term so did the silver fox.That being said, Brian Quaitong was still the best finance minister we ever hadzoom rader wrote:Bas ran this country on $9 us a barrel brotimelapse wrote:Dem doh business which government.Trinidad politics don't matter outside of Trinidad.Trinidad waste the skunting oil.Uncle Bas was no better than the red party.He sold us out to BPzoom rader wrote:Red government squandered it bro not Trinidadtimelapse wrote:Guyana already has a stance that Trinidad squandered its oil and have no intention of allowing us to do the same with theirs
Bas had 6 years where as the red government had it since 1956.timelapse wrote:Watch the long term tax break that BP got.Big business always uses the excuse that it provides labour and uses that to leverage tax breaks.That tax break would have come in handy later on.Just as the PNM mismanaged the oil boom long term so did the silver fox.That being said, Brian Quaitong was still the best finance minister we ever hadzoom rader wrote:Bas ran this country on $9 us a barrel brotimelapse wrote:Dem doh business which government.Trinidad politics don't matter outside of Trinidad.Trinidad waste the skunting oil.Uncle Bas was no better than the red party.He sold us out to BPzoom rader wrote:Red government squandered it bro not Trinidadtimelapse wrote:Guyana already has a stance that Trinidad squandered its oil and have no intention of allowing us to do the same with theirs
Joshie23 wrote:Redman wrote:Business is risk.
Political dimension s add infinite layers of risk.
Normal business decisions especially at a board level require decisions to be made now that will have an indeterminate result in the future.
The world,the markets,ministers and government change.
Allyuh talking about state enterprises that throw money on projects that they shouldn't have, possibly because the Cabinet say so because ..politics.
What makes you think cabinet wouldn't throw money behind a politically driven law suit to nail an opposing party.Its great press and people lose interest but retain the negatives.
An individual will have to fund his defense privately while the political directorate doesn't.
This is fact.
This is done by both sides.
This has happened and is happening.
Neither of you would serve if there is exponentially more downside than there is upside.
Redman as you said, forget this yes. You're shifting the goalpost and we spinning top in mud. My stance remains that these are grown men and women. No one forces you to do anything.
If you're feeling forced to make a politically influenced decision, the responsible thing to do is to resign. Once you agree to facilitate, you're just as liable as those who 'forced your hand', and for some reason or the other, you don't want to accept that as fact.
I'm not saying Loquan et al was wrong..amof, I'm hoping that they're right and their insight is golden because our economy could definitely use the booster. But you say business is risk, well yes...that's why there's Risk Management. Risk Assessments. To identify the risk, and implement measures to mitigate risk to ALARP, and if even after that the organization is still too exposed? Eliminate the risk altogether. I highly doubt we have a bunch of executives all around the world that royally firetruck up millions of dollars, say 'oops', expect to keep their jobs AND then on top of that, ask for protection?
If it's that simple then who's guarding the guard? Like I said I respect your insight at times, but your PNM-apologist nature in the face of 'yeah they probably firetrucked-up' really derails your credibility pal.
NGC is political appointments.It is difficult to separate those issuesRedman wrote:Joshie23 wrote:Redman wrote:Business is risk.
Political dimension s add infinite layers of risk.
Normal business decisions especially at a board level require decisions to be made now that will have an indeterminate result in the future.
The world,the markets,ministers and government change.
Allyuh talking about state enterprises that throw money on projects that they shouldn't have, possibly because the Cabinet say so because ..politics.
What makes you think cabinet wouldn't throw money behind a politically driven law suit to nail an opposing party.Its great press and people lose interest but retain the negatives.
An individual will have to fund his defense privately while the political directorate doesn't.
This is fact.
This is done by both sides.
This has happened and is happening.
Neither of you would serve if there is exponentially more downside than there is upside.
Redman as you said, forget this yes. You're shifting the goalpost and we spinning top in mud. My stance remains that these are grown men and women. No one forces you to do anything.
If you're feeling forced to make a politically influenced decision, the responsible thing to do is to resign. Once you agree to facilitate, you're just as liable as those who 'forced your hand', and for some reason or the other, you don't want to accept that as fact.
I'm not saying Loquan et al was wrong..amof, I'm hoping that they're right and their insight is golden because our economy could definitely use the booster. But you say business is risk, well yes...that's why there's Risk Management. Risk Assessments. To identify the risk, and implement measures to mitigate risk to ALARP, and if even after that the organization is still too exposed? Eliminate the risk altogether. I highly doubt we have a bunch of executives all around the world that royally firetruck up millions of dollars, say 'oops', expect to keep their jobs AND then on top of that, ask for protection?
If it's that simple then who's guarding the guard? Like I said I respect your insight at times, but your PNM-apologist nature in the face of 'yeah they probably firetrucked-up' really derails your credibility pal.
Wrong is wrong pal.
If NGC board did crap let them account for themselves.
Factually,
I have not mentioned NGC or Loquan or anything other than hypothetical questions in any of my post.
I've said forget party.FOR THE PURPOSE OF THIS DISCUSSION
How does that amount a defense of anything?
How does me stating that the stupidity I'm questioning is done by both sides and is happening now amount to an PNM apologist position?
It's a uniform dynamic that happens when govts change.
And not only to board members..
timelapse wrote:NGC is political appointments.It is difficult to separate those issuesRedman wrote:Joshie23 wrote:Redman wrote:Business is risk.
Political dimension s add infinite layers of risk.
Normal business decisions especially at a board level require decisions to be made now that will have an indeterminate result in the future.
The world,the markets,ministers and government change.
Allyuh talking about state enterprises that throw money on projects that they shouldn't have, possibly because the Cabinet say so because ..politics.
What makes you think cabinet wouldn't throw money behind a politically driven law suit to nail an opposing party.Its great press and people lose interest but retain the negatives.
An individual will have to fund his defense privately while the political directorate doesn't.
This is fact.
This is done by both sides.
This has happened and is happening.
Neither of you would serve if there is exponentially more downside than there is upside.
Redman as you said, forget this yes. You're shifting the goalpost and we spinning top in mud. My stance remains that these are grown men and women. No one forces you to do anything.
If you're feeling forced to make a politically influenced decision, the responsible thing to do is to resign. Once you agree to facilitate, you're just as liable as those who 'forced your hand', and for some reason or the other, you don't want to accept that as fact.
I'm not saying Loquan et al was wrong..amof, I'm hoping that they're right and their insight is golden because our economy could definitely use the booster. But you say business is risk, well yes...that's why there's Risk Management. Risk Assessments. To identify the risk, and implement measures to mitigate risk to ALARP, and if even after that the organization is still too exposed? Eliminate the risk altogether. I highly doubt we have a bunch of executives all around the world that royally firetruck up millions of dollars, say 'oops', expect to keep their jobs AND then on top of that, ask for protection?
If it's that simple then who's guarding the guard? Like I said I respect your insight at times, but your PNM-apologist nature in the face of 'yeah they probably firetrucked-up' really derails your credibility pal.
Wrong is wrong pal.
If NGC board did crap let them account for themselves.
Factually,
I have not mentioned NGC or Loquan or anything other than hypothetical questions in any of my post.
I've said forget party.FOR THE PURPOSE OF THIS DISCUSSION
How does that amount a defense of anything?
How does me stating that the stupidity I'm questioning is done by both sides and is happening now amount to an PNM apologist position?
It's a uniform dynamic that happens when govts change.
And not only to board members..
Correct is right.Thats how these conmen managers escape.They let politics take the spotlight and disappear.Calder, Ish,Johnny O, Lalla made full use of that techniqueRedman wrote:timelapse wrote:NGC is political appointments.It is difficult to separate those issuesRedman wrote:Joshie23 wrote:Redman wrote:Business is risk.
Political dimension s add infinite layers of risk.
Normal business decisions especially at a board level require decisions to be made now that will have an indeterminate result in the future.
The world,the markets,ministers and government change.
Allyuh talking about state enterprises that throw money on projects that they shouldn't have, possibly because the Cabinet say so because ..politics.
What makes you think cabinet wouldn't throw money behind a politically driven law suit to nail an opposing party.Its great press and people lose interest but retain the negatives.
An individual will have to fund his defense privately while the political directorate doesn't.
This is fact.
This is done by both sides.
This has happened and is happening.
Neither of you would serve if there is exponentially more downside than there is upside.
Redman as you said, forget this yes. You're shifting the goalpost and we spinning top in mud. My stance remains that these are grown men and women. No one forces you to do anything.
If you're feeling forced to make a politically influenced decision, the responsible thing to do is to resign. Once you agree to facilitate, you're just as liable as those who 'forced your hand', and for some reason or the other, you don't want to accept that as fact.
I'm not saying Loquan et al was wrong..amof, I'm hoping that they're right and their insight is golden because our economy could definitely use the booster. But you say business is risk, well yes...that's why there's Risk Management. Risk Assessments. To identify the risk, and implement measures to mitigate risk to ALARP, and if even after that the organization is still too exposed? Eliminate the risk altogether. I highly doubt we have a bunch of executives all around the world that royally firetruck up millions of dollars, say 'oops', expect to keep their jobs AND then on top of that, ask for protection?
If it's that simple then who's guarding the guard? Like I said I respect your insight at times, but your PNM-apologist nature in the face of 'yeah they probably firetrucked-up' really derails your credibility pal.
Wrong is wrong pal.
If NGC board did crap let them account for themselves.
Factually,
I have not mentioned NGC or Loquan or anything other than hypothetical questions in any of my post.
I've said forget party.FOR THE PURPOSE OF THIS DISCUSSION
How does that amount a defense of anything?
How does me stating that the stupidity I'm questioning is done by both sides and is happening now amount to an PNM apologist position?
It's a uniform dynamic that happens when govts change.
And not only to board members..
So any decision will come under hindsight scrutiny,by members of another political party.
Marginal or otherwise.
Redman wrote:Not you alone.
Breds forget this NGC thing.
Just for the discussion.
I'm saying we already have the best quality people avoiding politics because it is what it is.
We have to thread a needle here to ENCOURAGE the right people to run the state enterprises.
Someone who has built reputation and maybe wealth over a lifetime will not take asymmetric risk at the tail end of it just to serve.
Business risk is what the board HAS to take.
Being hung out to dry by POLITICAL OPPONENTS because of a business failure is fair?
De Dragon wrote:Redman wrote:Not you alone.
Breds forget this NGC thing.
Just for the discussion.
I'm saying we already have the best quality people avoiding politics because it is what it is.
We have to thread a needle here to ENCOURAGE the right people to run the state enterprises.
Someone who has built reputation and maybe wealth over a lifetime will not take asymmetric risk at the tail end of it just to serve.
Business risk is what the board HAS to take.
Being hung out to dry by POLITICAL OPPONENTS because of a business failure is fair?
Forget 500 MILLION Dollars? The LFD RFD PNM answer to everything Nothing to see here keke keke keke
Don't try to suddenly moralize because a LFD RFD PNM Board got caught in sheit.
Where in the world can people preside over BILLION dollar decisions without a shred of accountability?
Where in the world can patently unqualified hacks of a ruling party get positions of such magnitude?
This kind of politically biased apathy is the reason why this sheit will continue.
Your stupid, repeated assertion of risk is also assuming that this incompetent board didn't know there was NO GAS to be had prior to committing $500 Million dollars of OUR money, so what sheit you talking about risk?
Month end to be exact...alfa wrote:Not to digress but in other news AV drilling getting back the cats hill field soon. Habit 7 will be pleased
gastly369 wrote:Month end to be exact...alfa wrote:Not to digress but in other news AV drilling getting back the cats hill field soon. Habit 7 will be pleased
BP starts up Matapal gas project off Trinidad
September 20, 2021, by Nermina Kulovic
BP said on Monday that this milestone was achieved by its bp Trinidad and Tobago (bpTT) unit ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic.
Matapal is bpTT’s second subsea development. It is comprised of three wells, which tie back into the existing Juniper platform, helping minimize development costs and the associated carbon footprint. It is located approximately 80km off the southeast coast of Trinidad and approximately 8km east of Juniper, in a water depth of 163 metres. The production from the Juniper project started in August 2017.
Matapal will deliver gas into the Trinidad gas market from resources discovered by the Savannah exploration well, drilled in 2017. The initial production from this development is expected to be in the range of 250-350 million standard cubic feet per day (mmscfd), once all wells are fully ramped up.
Claire Fitzpatrick, president bpTT, said: “Natural gas will play an important role in the energy transition and to the economy of Trinidad and Tobago for decades to come. This is why our team at bpTT has worked diligently to safely start up our Matapal project which we successfully achieved both under budget and ahead of schedule”.
BP sanctioned the Matapal project, together with the Cassia Compression project, in December 2018. The fabrication work on Matapal began in 2019. The project required modification to the existing Juniper platform as well as the construction and installation of new subsea equipment. The majority of fabrication work required to adapt the Juniper platform for new production was completed locally. Hydrocarbons from Matapal will be transported to the Juniper platform via two 9 km flexible flowlines.
Less than two months ago, Heerema’s giant semi-submersible heavy-lift vessel Thialf installed the Cassia Compression platform for bpTT. The platform jacket was installed in 2020. The next step in the project involves the hook-up and commissioning of the platform.
The Cassia C platform will enable bpTT to access and produce low-pressure gas reserves from currently-producing fields in the Greater Cassia area, thereby maximizing recovery from these existing resources.
https://www.offshore-energy.biz/bp-star ... -trinidad/
Wraith King wrote:gastly369 wrote:Month end to be exact...alfa wrote:Not to digress but in other news AV drilling getting back the cats hill field soon. Habit 7 will be pleased
Corruption, crime, flooding, non maintenance of infrastructure and all economic and social issues are okay to PNM supporters as long as it is the PNM engaging in it. If you don't agree with them then you're racist or a lick bottom African.
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