Heat extend win streak to 7, beat Pistons

first_imgGoran Dragic scored 23 points, Wayne Ellington added 19 and the Heat pushed the NBA’s longest current winning streak to seven games by topping the Pistons 116-103 on Saturday night.The Heat outscored Detroit 26-12 in the fourth quarter, holding the Pistons to 30 percent shooting.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC return“Our toughest, most physical, most committed minutes were there at the end,” Heat coach Erik Spoelstra said. “That’s what’s good to see.”James Johnson scored 18 and Dion Waiters added 17 for the Heat, who tied a season high with 14 3-pointers. Ellington made three in a span of less than two minutes of the fourth quarter as Miami pulled away. MOST READ Miami was 11-30 at the midway point of its season — and hasn’t lost since. Only Golden State, San Antonio and Houston have put together longer winning streaks this season than the Heat run of late.“We are clicking on all cylinders,” Waiters said. “We’re playing together, having fun, and guys are making plays. We’re just playing the right way. We’re healthy and it’s fun.”Reggie Jackson scored 24 for Detroit, which got 17 points and 20 rebounds from Andre Drummond. Tobias Harris added 16 points and Marcus Morris scored 14.“Down the stretch we were terrible. Terrible,” Pistons coach Stan Van Gundy said. “We didn’t make plays. We’ve got to find better stuff down the stretch. … I don’t know if defenses have us figured out or what, but we’re just not making plays.”Ellington’s first in that late trio of 3s came with 4:38 left, giving the Heat a nine-point lead. He struck again about a minute later, and the last of those with 2:55 remaining put Miami up 114-101.ADVERTISEMENT Miami won despite getting outscored 62-40 in the paint. The Heat more than made up for that by outscoring Detroit 42-12 from 3-point range, and somehow looker fresher down the stretch — even though Miami was on a back-to-back and Detroit had not played since Monday.“We had time off to prepare and figure ourselves out and hone in on what’s going to separate us from other teams in the fight from teams that are going to fade,” Jackson said. “Defensively we’ve just got to be better.”TIP-INSPistons: Detroit came in allowing 101 points per game; the Heat got to 101 points with 7:26 remaining. … Drummond had his 30th double-double of the season secured by halftime. … The Pistons were averaging 98.5 points entering January; through 12 games this month, they’re averaging 106.8 per game.Heat: Tyler Johnson (shoulder) missed his fifth straight game, but may play Monday against Brooklyn. … The Heat are now 7-0 since calling Okaro White up from Sioux Falls in the NBA Development League … Udonis Haslem’s son Kedonis, a standout lineman at Florida high school football power St. Thomas Aquinas, announced his commitment to play at Toledo on Saturday.WHITESIDE RETURNSHassan Whiteside returned to Miami’s starting lineup, after missing Friday’s win in Chicago with ankle soreness. He finished with nine points and 12 rebounds — with five points and six boards in the fourth quarter alone.HOT SHOTSEven with Kentavious Caldwell-Pope struggling (2 for 11), Detroit’s starters shot 31 for 59 in the game — 53 percent.UP NEXT Bulacan inmates, jail guards raise donations for Taal victims Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite LATEST STORIES Palace: Crisis over ABS-CBN franchise unlikely Ben&Ben, IV of Spades, SB19 win big at 5th Wish Music Awards View comments Motorcycle taxis ‘illegal’ starting next week — LTFRB board membercenter_img Panelo: Duterte only wants to emulate strong political will of Marcos Don’t miss out on the latest news and information. Pistons: Visit Boston on Monday, ending a two-game trip. Detroit is 1-1 against the Celtics this season.Heat: Host Brooklyn on Monday, the Nets’ only trip to Miami this season. The Heat won in Brooklyn on Wednesday.Sports Related Videospowered by AdSparcRead Next Luis Manzano jokes about Mikee Morada’s proposal to Alex Gonzaga: ‘Baka nagtali lang ng sintas’ Anne Curtis talks about renewing faith in God amid the world’s ‘noise and clutter’ DILG to lock shops in Tagaytay City, other areas near Taal Marcos monument beside Aquino’s stirs Tarlac town Miami Heat forward James Johnson (16) goes up to shoot against Detroit Pistons center Andre Drummond (0) and forward Jon Leuer during the first half of an NBA basketball game, Saturday, Jan. 28, 2017, in Miami. (AP Photo/Wilfredo Lee)MIAMI — There was only one quarter in which Miami figured out how to slow down Detroit.That was enough for the Heat.ADVERTISEMENT Curry’s 43, halfcourt shot help Warriors top Clipperslast_img read more

Meralco locks down Phoenix for 3rd straight win

first_imgPBA IMAGESMeralco picked up where it left off and whipped Phoenix, 81-66, in the 2017 PBA Commissioner’s Cup to inch closer to the elusive twice-to-beat advantage on Wednesday at Smart Araneta Coliseum.Baser Amer unloaded 20 points and three assists to lead the Bolts to their third straight win to formally clinch a playoff berth.ADVERTISEMENT Need for a new naturalized player urgent, says Guiao LIST: Jan. 20 class suspensions due to Taal Volcano eruption Palace: Crisis over ABC-CBN franchise unlikely MOST READ Jameel McKay topped Phoenix with 16 points, 16 rebounds and three blocks, while Cyrus Baguio had 10 in the loss.The defeat further endangered the Fuel Masters’ position as they are precariously holding on to the eighth spot with their 3-5 slate.The Scores:MERALCO 81 – Amer 20, Newsome 19, Stepheson 15, Grey 8, Hodge 7, Caram 4, Hugnatan 3, Nabong 2, Chua 2, Daquioag 1, Dillinger 0, Faundo 0.PHOENIX 66 – McKay 16, Baguio 10, Jazul 7, Borboran 6, Torres 6, Dehesa 5, W. Wilson 5, Alolino 4, Kramer 3, Intal 2, J. Wilson 2, Miranda 0, Lanete 0.ADVERTISEMENT LATEST STORIES Panelo: Duterte only wants to emulate strong political will of Marcos View comments Don’t miss out on the latest news and information. Taal Volcano evacuees warned against going home Bulacan town gears up for biggest cookie jar Ex-Bulacan town vice mayor, village chief shot dead Wildlife rescuers asked to turn over animals to DENR Quarters: 13-16, 34-29, 53-46, 81-66.Sports Related Videospowered by AdSparcRead Next Palace: Crisis over ABC-CBN franchise unlikely Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Chris Newsome also got 19 markers, four boards, and three assists, while Alex Stepheson got 15 points and 20 rebounds for Meralco, which tightened its grip of the second place with its 7-1 card.“Defensively, we’re pretty sharp tonight and it held up for the entire game,” said coach Norman Black. “I’m really happy with the defense. The guys really devoted to the game plan we had for Phoenix and executed really well on the defensive end.”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnComing off a 16-day break, the Bolts shook off the cobwebs early and zapped their way back from an early nine-point deficit before regaining control in the second quarter to grab the 34-26 halftime lead.The low-scoring duel continued in the second half before the Bolts finally wiggled out of the Fuel Masters’ grasp as they opened the fourth quarter with a 17-7 blast, turning a tight 53-46 lead at the end of the third quarter to a comfortable 70-53 advantage, punctuated by an Amer jumper with 4:03 left in the game.last_img read more

Champ Amanda Nunes hospitalized; UFC 213 main event scrapped

first_imgLSU title parade draws massive crowds The UFC didn’t immediately reveal why Nunes was hospitalized.Nunes (14-4) claimed the 135-pound title from Miesha Tate last July. After Nunes stopped Ronda Rousey in December, she was scheduled to make her second title defense in a rematch with Shevchenko (14-2).FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Instead, for the second straight year, the UFC has been forced to cancel the main event of its annual International Fight Week show at late notice.Last July, Jon Jones was removed from his bout against Daniel Cormier three days before for violating the UFC’s anti-doping policy. Kerber, Raonic both reach 2nd week at Wimbledon McGregor blasts Cerrone in 40 seconds in UFC return MOST READ Not easy being green: Dog births unique puppy Clippers, Lakers among most-watched NBA teams by Filipinos View comments Missile-capable frigate BRP Jose Rizal inches closer to entering PH Navy’s fleet LaVine scores 42, Chicago rallies late to beat Cavscenter_img End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Amanda Nunes poses during media day for Saturday’s UFC 213, in Las Vegas on Thursday, July 6, 2017. (Erik Verduzco/Las Vegas Review-Journal via AP)LAS VEGAS  — Bantamweight champion Amanda Nunes has been scratched from her title defense against Valentina Shevchenko after being hospitalized just a few hours before UFC 213.UFC President Dana White confirmed the pay-per-view show’s main event was canceled Saturday.ADVERTISEMENT LATEST STORIES Tobias Harris’ late 3 seals Sixers’ win over Knicks Thousands join Kalibo Ati-atihan despite typhoon devastationlast_img read more

Sagicor offers up El Clasico trip

first_imgSagicor Bank, through its partnership with the official sponsor of the International Champions Cup, Mastercard, is giving a lucky client a chance to see ‘El Clasico’, a match between Real Madrid and FC Barcelona in Miami on July 29.By spending a minimum of $5000, inclusive of GCT, during the promotional period of May 26 and June 30, 2017, all Sagicor Bank Standard, Gold and Platinum Mastercard credit card cardholders will get one step closer to experiencing all the football action live and seeing some the world’s top football stars up close and personal. The prize package includes airfare and hotel accommodation, a shopping experience and an exclusive VIP party at the Hard Rock Hotel.Clients get an additional entry with every $5000 spent and can also earn one reward point for every J$100 or US$1 spent, which can be redeemed for cashback, investment options, travel and hotel and gift cards. Sagicor Bank has also partnered with CaribShopper, an online shopping platform, to give clients even more chances to be entered into the promotion. With each subsequent purchase on caribshopper.com, clients will receive an additional entry.According to Nicole Campbell, marketing manager of Sagicor Bank, Cards & Channels: “Sagicor Bank is pleased to be partnering with Mastercard on this promotion as we look forward to giving one of our valued clients an experience of a lifetime.”The 2017 International Champions Cup (ICC) will feature the best slate of teams, match-ups and venues in the tournament’s history. The fifth instalment of the ICC will make 15 stops from America to Asia, including a new destination in Southeast Asia – Singapore.last_img read more

US Travel Agents Golf Tourney tees off at Sandals

first_imgSome 80 golfers will participate in the 15th annual United States Travel Agents Golf Tournament which tees off today at the Sandals Golf and Country Club, Ocho Rios. The two-day event will comprise teams playing in a four-man scramble format, putting their skills to the test competing in various competitions throughout the tournament. Categories to be contested include Overall Champions and Runners-Up; Closest to Pin – Female; Closest to Pin – Male; Longest Drive – Female; Longest Drive – Male. Garth Laird, Sandals Resorts’ director of travel industry programmes, was upbeat about the event, noting that this year promises to be an amazing tournament. “All is in place for what promises to be a great event,” Laird said. “The Travel Agent Golf Tournament is of great benefit to both Jamaica as a golfing destination and Sandals Resorts, as it gives the travel partners a chance to experience the products first-hand and, hence, being better able to market the destination and facilities to their respective clients.” Partnerships with local companies The director also pointed to partnerships with local companies Red Stripe and Appleton which will showcase the collaboration with some of the country’s leading brands. He also noted that the tournament was not just showcasing golf and Sandals, but offering the travel agents a chance to see a number of Jamaican hotels and attractions, as some will be staying on after the event to enjoy the Jamaican hospitality. Laird said that as a venue, the Sandals Golf and Country Club has a distinct advantage over most courses. “Our caddies play an important role, as they are very good golfers themselves. Wesley Brown, Dane Bailey and Gifford Wilmot, who have all represented Jamaica in the Hoerman Cup event, are part of our staff,” he said. Sponsors for the tournament include Appleton, Red Stripe, Wisynco and Jamaica Tourist Board. The awards presentation will take place tomorrow at Sandals Ochi Beach Resort.last_img read more

‘He didn’t disgrace himself’ – Bolt gets thumbs up on football debut

first_imgGOSFORD, Australia (AP): Usain Bolt’s football debut for the Central Coast Mariners yesterday lasted about 20 minutes against an amateur local team and with almost 10,000 people in the crowd. The eight-time Olympic gold medallist is trying to become a professional football player and has been given a tryout with the Australian A-League club based in Gosford, north of Sydney. Bolt started on the left wing and had a clumsy first touch but settled in and found himself in scoring positions a couple of times before having a stoppage-time shot blocked. “I was a little bit nervous, but as soon as I got on the field, I think the nerves went away,” Bolt told Fox Sports. “I wish I had more touches, but I’m not fit yet. I’ve just got to put in the work and get up to speed.” The Mariners already had a commanding lead when Bolt went on as a substitute in the 72nd minute – wearing the number 95 on his shirt – and easily won 6-1. The 32-year-old Jamaican predicted that it would take four to five months until he’s “playing like one of the guys.” Even if he doesn’t make it as a football player, Bolt can still draw a crowd. Some critics have said that’s what his trial period in the A-League is all about. Bolt has regularly said his ambition is real. The crowd for yesterday’s match was about four times bigger than the average home attendance the Mariners attracted last season. The Australian Associated Press reported that the exhibition game was broadcast in 60 countries.last_img read more

Windies swept by India in T20s

first_imgCHENNAI, India (CMC): The Windies produced their best performance of the Twenty20 International series against India but still went down by six wickets, losing off the last ball of the innings in the third and final match at the MA Chidambaram Stadium here yesterday. With India requiring one run off the last ball of the match, bowler Fabian Allen misfielded a drive from Manish Pandey, allowing the batsman to scamper through for a single for the unlikeliest of finishes. India had looked to be easing to victory in pursuit of the Windies’ total of 181 for three off their 20 overs, with Shikhar Dhawan and Rishabh Pant’s 130-run partnership for the third wicket carrying them within sight of a comfortable victory. The pair had carried their side to 175 for two, leaving India to get seven runs from 11 balls before they both inexplicably gave their wickets away. After scoring his first-ever T20I half-century, Pant needlessly tried to reverse sweep medium pacer Keemo Paul and lost his middle stump. SUPER OVER Then off the penultimate ball of the match and with only one run needed, Dhawan launched Allen straight into the hands of Kieron Pollard at long on to give the Windies a chance to tie the contest, where a super over would be required to decide a winner. But Allen, arguably the Windies’ best fielder, was unable to gather the return with Pandey well short of his ground. As Pandey and Dinesh Karthik strolled off the ground into the waiting arms of their teammates, an inconsolable Allen was comforted by his colleagues as he stayed hunched over on the pitch.last_img read more

Hemp Fest Concerts this weekend at 3 venues

first_imgThe Hemp Fest Concerts kicked off on Thursday evening at the Anna Regina Community Centre Ground and will continue with three big shows this weekend.On Friday, August 16, the concert will be taken to the Mackenzie Sports Club Ground, Linden, then on Saturday, August 17 at the Guyana National Stadium, Providence, East Bank Demerara. The final show is billed for Sunday, August 18, at the Albion Community Centre Ground, Berbice. The show is expected to be epic as several international and local artistes are on the cast. These include Edwin Yearwood out of KrosFyah, International Reggae artiste Mr Easy, Chutney singing sensation Rakesh Yankarran, Former Trinidad Chutney Monarch Omardath Maraj, International Soca King Soca Raja, Guyana Soca sensation Adrian Dutchin, Chutney Queen Drupattie, Soca Sensation Militant, NY’s Chutney Queen Geeta Bisram and Guyana’s own Nesta Nelson.Other performers include: Angel’s Frontline Singer, Dexter M; Mr Bollywood Jumping Jack, Danny B; Berbice star and Mystic. All the artistes will be accompanied by the Angle’s Caribbean Band. Master of Ceremony for the shows is Farouk Juman. Tickets cost $1,000, $2,000 and $5,000 for general admission, while those who want to experience the VIP experience will pay $25,000. Tickets will be sold at the venues.The show is promoted by Bedessee Group of Companies in association with Guyana Hemp Industry.last_img read more

SARU and SOCU have now become a problem to the solution

first_imgThe State Assets Recovery Unit’s (SARU’s) and the Special Organized Crime Unit’s (SOCU’s) ongoing investigation and arrest of a number of politicians primarily from the Opposition, on the face of it, demonstrates that Guyana has found a new determination and dispensation in combating crime against the state. Of course these arrested persons are innocent, until proven guilty by a court of law. These arrested persons, if found guilty, must face the music, according to that old mantra: if you commit the crime, you must be prepared to do the time.That said, a deeper probing into the inner operations of SARU and SOCU has raised some unavoidable questions: How independent are these crime fighting units? Who are these individuals? What are their political grounding and associations? How was the top brass chosen to lead these crime units? Do they have the wherewithal to conduct fair investigations? Are they really neutrally-minded in the most ethnically divided country in the Caribbean?I am sure that some individuals within these crime units are genuine, but I am afraid that I cannot apply the same label to others within these units. They are not saints; they are far from it. They are quick to answer and serve their higher-ups according to their own political bondage. They adhere to a modus operandi that is supported by a silent political purgatory code between themselves and their bosses. This is contrived corruption.If you do not believe me and think that the above questions are innocuous, I ask that you consider a few individuals who are involved in the above crime units: Tacuma Ogunseye and Eric Phillips, among others egged on by macabre, sensational and twisted writings from Freddie Kissoon, David Hinds and Imran Khan. Make no mistake, their faces may be different but their minds are the same. Taken together, these individuals are guided by ‘the hero in the crowd’ syndrome, outrageous logic, and one-dimensional thinking. They represent the extreme side of Afro-centrism and Afrocology, as well as destructive ideologies, fanning the flames of divineness. They have fallen into a profound political trance, sleeping through the gruesome and grotesque policies of this regime. They are totally up and fixated on the previous administration. Sadly, they are stabled by their own viscosity of denial and their dedicated obedience to this regime’s bell jar of authority. They have found a safe sanctuary. There is no cure for this cryptic and trapped behavior, even with the intervention of sound psychological help.The President has always maintained that SARU and SOCU are independent units and that his PNC-led government has no interest in interfering with any investigation associated with these crime units. To proponents of his regime, such a consistent declaration is admirable and pleasing to the ear, complementing neutrality and fairness. To opponents, such a declaration is deemed queasy, representing ridiculous scruples and spewing ominous doubts on these self-styled crime units. The President forgets that his entire campaign was based on forensic investigation of the Opposition, which boded well for his campaign, but to now distance himself from these crime units is risible. Hasn’t the President’s subliminal message already been sent out to the security service, including the SARU and SOCU — to take care of business?Moreover, many within these crime units have a tendency to vote according to, and along, ethnic loyalty. Up front, SARU and SOCU are playing up the President’s expectations.A similar concern is: why is there a time restriction, going back to the year 2000 or thereabouts, on investigating crimes against the state? I do not see the rational for doing this, other than excluding the period when the PNC wreaked havoc in Guyana. If we go back to at least 1978, these events would require investigation: (1) the PNC rigging of elections; (2) the death of Walter Rodney and other activists; (3) victims of kick-down-the door torture, rape and robbery; (4) selling of forested land to foreign companies through corruption and bribery; (5) kickbacks and bribes received by government ministers; (6) slow fire, more fire that destroyed public and private property; (7) the alleged murder committed by an owner of one tabloid newspaper, and so forth.Fast forward to the period from 2015 to 2017, and the carnival of corruption continues: increase of ministerial salaries, handing out of Government scholarships, supporters and advisors of this regime issuing death threats on Facebook, misuse of Government funds, lack of transparency in handing out Government contracts, drug scandal, and the list goes on.Yet, no one has been questioned or arrested. May I ask: are there different strokes for different people in Guyana? Is there a double-standard in how these crime units conduct investigations? May I ask readers if they are familiar with this French expression, carte blanche, meaning when one person or a group is allowed to act in whatever way he or she pleases? There is no limit to power or the practice of checks and balances within the crime units.Shouldn’t there now be an argument for the establishment of an independent commission to investigate SARU and SOCU, since the solution to the problem has become a problem to the solution? (lomarsh.roopnarine@jsums.edu).last_img read more

The business characteristics of ‘upstream’ oil and gas activities

first_imgIt is important to note that there are four key business characteristics of upstream oil and gas activities. They are:* High financial risk with high financial returns for the developer;* A highly regulated industry;* An industry impacted by global politics;* Very technology intensive industryThe upstream industry is arguably the most complex of all the oil and gas business sectors. There are many risks and unknowns in the exploration process, but when you hit oil in commercial quantities (as happened in Guyana), the developer can make billions based on the contract. In Guyana’s case, hundreds of millions of dollars were spent by the developers (Exxon/Hess/CNOOC) and many years invested in the process. Remember, it took 22 years for the developers to move from signing the exploration contract with President Janet Jagan to real oil in 2021.The upstream industry is regulated in terms of production, access to the reserves, pricing and taxation and some very stringent environmental regulations. In 2016, the Obama Administration issued a comprehensive set of new rules governing offshore drilling by American companies, after the Deepwater Horizon disaster that killed 11 rig workers and spewed millions of gallons of raw oil into the Gulf of Mexico. Those Obama regulations brought a renewed focus on the blowout preventers (BOP) that we spoke about last week (the device on the seabed that can seal off an offshore oil and gas well in the case of an emergency and prevent uncontrolled leaks). What is of critical importance is that the US Government mandates that the BOP be broken down and inspected every five years. In addition, today by law the oil companies have to hire onshore experts to monitor the seabed in real time for any leaks.Upstream is also a global business. After two years of a low-price environment, a potential rebalance of the market is underway thanks to OPEC’s decision to cut production to bolster prices. But the increases in the oil prices have been sluggish at best mainly because of three reasons:1. There is a large amount of oil stock to work through globally that is held in reserves.2. The return of shale oil production. With a price above US$50 a barrel, fracking is back (the EIA project a price of US$60 per barrel by 2019 – see graph below).3. There is a huge increase in the production of renewable energy in the major oil consuming nations and this has dampened the growth in the demand for oil and gas. The production of renewable energy is expected to double by 2030.Finally, as we have seen in the previous column with the development of unconventional prospects, especially in off shore exploration, upstream oil and gas activities can be extremely capital intensive with much technology that requires less manpower compared to other kinds of economic activities.So who are the main players in upstream activities? The four main categories of participants in the upstream sector are the majors, the National Oil Companies (NOCs), the independents and the oilfield services companies.Major oil companies are those integrated oil companies that operate assets in all segments of the industry for example Exxon. The NOCs are those industry participants that are owned and managed by governments, for example, SAUDI ARAMCO. The Independents are usually smaller oil and gas companies that restrict themselves to a specific segment of the oil and gas industry and are not integrated like the Majors (for example CGX).The oilfield services companies are important and often the most misunderstood part of the business. This sector includes those companies that provide specialised equipment, services and technical skills needed for a particular segment of the operations. Oilfield services companies do not normally produce oil and gas or own assets that do this sort of thing. At a typical well site, there are some 30 oilfield services companies working along side the developer to extract the oil and gas from the well.Next week I was supposed to commence discussing the midstream segment of the oil and gas industry but I will pause on the series because of some major mid-year national financial developments that have happened in the Guyanese economy. We shall re-commence this oil and gas series sometime in September 2017.last_img read more