23
Jan
In a recent OpEd published in this newspaper titled “Discovery Is the Easy Part: Why Capital Discipline Determines Frontier Offshore Success”, Fernando Sylvester delivers a sobering reminder to nations and investors alike: the true test of offshore resource development does not lie in discovery, but in the discipline that follows it. His argument is both timely and urgent for our country, as we are now standing at the threshold of potentially transformative offshore hydrocarbon wealth. Sylvester notes that frontier offshore discoveries have an outsized effect on perception. Markets react in hours. Governments issue triumphant statements. Partners congratulate one another. Value…
