Access to finance continues to be the common theme in local content discussions, as it remains a main hindrance to the success of local enterprises desirous of tapping into Guyana’s expanding oil sector.  As the inaugural Local Content Summit 2023 got underway on Tuesday, every local representative of the first panel - “Local Content Success Stories” - shared similar experiences where access to finance served as a stumbling block to their ventures.  There was Nicholas Deygoo-Boyer,...

By Dr. Lorraine Sobers - OilNOW There are two types of people: those who accept and adopt new technology before it becomes mainstream and those who wait for the hype to die down. The energy sector has its fair share of hype and buzzwords. New technology, born out of years of quiet research and development, can suddenly burst onto the scene at press conferences and market predictions. Venture capitalist, investors, and overnight experts hop on...