Drill Darcy Drill

Minister of State in the Prime Minister's Office, Senator Darcy Boyce

Successive governments in Barbados have been reluctant to engage the people in dialogue, whether about projects on the go or general information. If one did not know better the belief that MPs are the masters and the people the servants would gain currency. Unlike the British system which has  ‘Question Time’ – a system which affords members of parliament the opportunity  to ask government ministers questions in public – Barbadians have to rely on the minister or Prime Minister to cough up information when he or she feel so inclined. The foregoing takes into consideration the system of government we practice is modelled after the Westminster System.

BU selects one issue to illustrate the point. After the Hague Tribunal ruled in the Barbados/Trinidad Maritime dispute in 2006, the Barbados Labour Party (BLP) decided to move full steam ahead with an Offshore Exploration and Production Program. About 70,000 square kilometres were divided into stripes and several oil drilling companies were invited to bid for the rights to explore in the deep waters  off the Northeast coast of Barbados. The rest as they say is history.

The Arthur government although bullish on the project at the time, the approach contrast starkly with the lukewarm approach of the current government. Our best research turned up a vague response by Minister responsible Darcy Boyce who blamed the downturn in the global economy and estimated that benefits from oil exploration may take up to ten years. In the meantime Guyana is moving full steam ahead with its oil exploration program. International oil companies REPSOL and CGX have been engaged by the Guyana government.

BU offers a disclosure on this subject. We believe the potential for harm to our ecosystem by growing an offshore oil industry should be of concern. No doubt they are measures as a country we would have to take to manage attendant risks. However it does not explain the lack of energy by this government to advance the project.

The prospect of creating a new level of prosperity for the country should have been mouth watering for any government given our dependence on fossil fuel. It is BU’s understanding that the average citizen would have had the opportunity to own shares in the ownership company without any risk of financial exposure. The deal would have been structured that associated exploration cost would have been absorbed by the drilling company. However, if oil was found, a negotiated percentage would have flowed into the coffers of Barbados. We can only speculate if the government did not take its foot off the gas we would have been well advanced in the exploration process.

It should be obvious that BU’s understanding of the project status conflicts with what Minister Darcy Boyce has offered as the reason for the delay. Where should the people turn for answers about oil exploration in Barbados?

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18 Comments on “Drill Darcy Drill”

  1. harry February 21, 2012 at 7:17 AM #

    money laundering is done directly through the Barbados government.
    no questions allowed.
    but you can see it all around.

    Like

  2. old onion bags February 21, 2012 at 7:37 AM #

    Is it any surprise.Does it not go without question? Could one really expect any forward movement on anything positive ..oil humm ? It’s the L word again boss. As to information from Ole Darcy & co,.the last time it was so distorted,some believed it was being given a glass “ESAF See Thru Rum”…Mr.Blogger your questions asks too much.

    Like

  3. millertheanunnaki February 21, 2012 at 8:21 AM #

    Not only Guyana. But Cuba and Brazil are also going full steam ahead with their offshore exploration.
    But again the apologists would come on this blog and try to pin it on the international economic recession. Which, by the way, is only a serious message to certain North Atlantic countries and those service-oriented and tourism-dependent small economies with symbiotic relationships to clean up their financial systems and exercise greater fiscal prudence. The days of financial and fiscal impropriety and unaccountability are over.

    What determines the attractiveness of offshore oil exploration is the price of crude on the world market and the quality and quantity estimated through geological surveys and testing.
    During the time Darcy Boyce was sailing his boat into the marina the price of oil was skyrocketing making oil exploration more inviting. The current World market price is hovering around the $90-$100 per/bbl mark and is expected to continue to rise given the ongoing tensions in the Strait of Hormuz.

    But things happen for reason. Oil wealth can be a blessing but also a curse. Let alternative energy in the form of solar and wind be the way forward for a small coral island like Bim and not fossil fuels.

    Like

  4. David February 21, 2012 at 12:43 PM #

    Why must we beg for information?

    What is the status of this oil exploration project?

    Will the BLP pursue if it regains the next government?

    Like

  5. Observing February 21, 2012 at 2:22 PM #

    Unfortunately David Darcy Boyce cannot be associated with effectiveness, accountability, performance, communication or even charisma. If he’s taking the lead, then this too will go the way of “lost in a folder under a pile on the desk”

    Like

  6. Jaime Bortez March 19, 2015 at 1:46 PM #

    http://bajanhydrocarbons.com

    Like

  7. Jaime Bortez March 19, 2015 at 2:01 PM #

    Bajan Hydrocarbons appears to be a part of Havoc Partners in the United Kingdom (http://www.havocpartners.com). The head guy behind Havoc, a Alain Steen, is reportedly worth US$10B and is one of the wealthiest men in the UK.

    Like

  8. Georgie Porgie March 19, 2015 at 2:02 PM #

    re Unfortunately David Darcy Boyce cannot be associated with effectiveness, accountability, performance, communication or even charisma.
    THIS IS VERY DISAPPOINTING!
    BUT IT SHOULD REALLY CAUSE US TO THINK IF FRRE ONSET THAT HAD ITS ONSET ABOUT 1962 WAS REALLY WORTH IT.

    WHEREAS JOHN BOYCE WAS NOT IN ANY WAY A GREAT SUCCESS AT HC OR WHEN BANKS SENT HIM TO DO THE EXAMS IN BREWING…..DARCY BOYCE EXCELLED WITH A’S IN EVERY SUBJECT EVERY TERM THROUGHOUT

    CONSEQUENTLY DARCY BOYCE HAS FAILED MISERABLY IN LIVING UP TO EXPECTATIONS JOHN HAS PERFORMED AS EXPECTED.

    Like

  9. Georgie Porgie March 19, 2015 at 2:04 PM #

    should be FREE EDUCATION

    Like

  10. David March 19, 2015 at 3:28 PM #

    @GP

    Any opinion why Darcy has not been able to live up to his academic credentials?

    Like

  11. David March 19, 2015 at 3:30 PM #

    In the several years he has had responsibility for oil exploration in Barbados we have not seen or heard a single coherent position from his ministry.

    Like

  12. Georgie Porgie March 19, 2015 at 3:32 PM #

    I CAN NOT UNDERSTAND DAVID

    MAYBE HE IS TOO PROUD OR WA JUST A BOOK WORM AND SWATTER WHO CAN NOT APPLY INFO TO REAL LIFE SITUATIONS

    MAYBE IS DISHONEST AND GREEDY AND DOES NOT HAVE THE GUTS TO STAND FOR RIGHTEOUSNESS AS WE WAS TAUGHT AS A CHILD IN ST ANDREW

    Like

  13. Georgie Porgie March 19, 2015 at 3:40 PM #

    ON PAPER, DARCY IS CERTAINLY SHARPER THAN FUMBLE OR ANY OF THE OTHERS. IN MY OPINION HE SHOULD HAVE IDEAS. IF HE IS NOT BEING LISTENED TO, HE SHOULD QUIT AND TELL US WHY.

    THAT IS WHAT I WOULD DO….BUT THAT WAY HAS NOT WORKED FOR ME. LOL
    BUT I WAS NOT EDUCATED TO BE PUSHED AROUND BY DUMMIES ANYWHERE JUST TO GET A SALARY. I GUESS I AM SILLY.

    Like

  14. David March 19, 2015 at 6:20 PM #

    Who are the Barbadian investors? Where is the transparency?

    Like

  15. Kirk Greene March 19, 2015 at 6:41 PM #

    Simpson, Carmichael, Cave, Williams, Elcock, Bjerkhamn?

    Like

  16. David March 19, 2015 at 6:48 PM #

    (Kyffin)Simpson, (Trevor)Carmichael, (Geoffrey) Cave, (??) Williams, (Everson) Elcock, (Bjorn)Bjerkhamn?

    Are the first banes correct?

    Like

  17. Sargeant March 19, 2015 at 10:54 PM #

    @David
    Any opinion why Darcy has not been able to live up to his academic credentials?

    +++++++++++++
    That is an argument that Bajans frequently make, they believe that academic success in HS and University is a precursor to long term success in any sphere of activity. The “real world” requires a combination of skills that these “bright boys” may lack and some of these people belong in academia or research, hopefully they will be able to impart some of their knowledge to their students or their research will benefit mankind. I never heard anyone say Sir Cow was “bright”, however he parlayed his skills in the business world to such an extent that he is a colossus in Barbados and the Eastern Caribbean.

    Like

  18. Colonel Buggy March 19, 2015 at 11:25 PM #

    Today we heard the Prime Minister, either bragging, or more than likely saying that enough is enough, when he announced that in the history of Barbados we have never had so many Land Surveyors, Doctors, Lawyers, Engineers, and a whole host of other professions. What pity that we still see many an application,almost daily , for work permits to bring in non nationals, as no local persons are deemed suitably qualified . And for many businesses in Barbados, both in the private sector and the public sector, as soon as an other than the normal run of the mill problem arises, off we send for an expert from over and away.

    Like

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