Dear Editor,
A recent S&P Global projection that combined production from the Guyana-Suriname Basin could surpass the US Gulf of Mexico before 2032 is a powerful indication of the basin’s growing importance. It is not an achievement already secured, but it should encourage both countries to consider how they can benefit from this growth together.
Guyana and Suriname will naturally compete for investment, skilled workers and business opportunities. Some competition is healthy and can encourage both countries to improve their systems and services. However, competition should not prevent cooperation in areas where our interests are closely connected.
Guyana can share lessons from the rapid development of its petroleum sector, including its experience with local content, workforce preparation and managing growing demand for services. Suriname also brings valuable institutional and industry experience from which Guyana can learn. An honest exchange of knowledge could help both countries avoid mistakes and make better long-term decisions.
Cooperation could extend to joint training and certification programs that develop a larger pool of qualified Caribbean professionals. Business organizations could also build stronger connections between suppliers in both countries, while ports and logistics providers explore ways to improve efficiency across the basin.
Environmental protection is another area where cooperation is essential. Oil does not recognize national borders. Closer coordination on environmental monitoring, marine protection and emergency response would help both countries prepare for risks that could affect their shared waters and coastal communities.
This is also an opportunity to give greater meaning to CARICOM’s commitment to regional integration. A strong Guyana-Suriname relationship could support regional energy security, create opportunities for Caribbean businesses and strengthen the region’s voice within the international energy industry.
Guyana and Suriname can be competitors without becoming rivals. If both countries approach this moment with maturity and foresight, the basin’s greatest legacy may be more than the oil it produces. It could also be the regional partnerships it inspires.
Respectfully,
Shuntell Hall
