Opinions

The views expressed here are solely those of the author in their private capacity and do not represent the views of OilNOW.

Opinions

Investing in Guyana’s Manufacturing Sector

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By Dr. Lorraine Sobers - OilNOW Guyana is facing an exciting future as it makes its mark in the energy sector with oil production soon to exceed one million barrels per day and plans underway to bring natural gas to...
Opinions

National transformation via local content requires diaspora engagement, education, trust, and capital

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By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW Guyana's oil fortunes are a gold mine with numerous opportunities for citizens to develop and deliver local content, essential goods, and services to support the oil and gas sector. However,...
Opinions

A singular national vision to anchor and sustain Guyana’s transformation

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By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW During the 1970s, Guyana's leadership pursued a socialist economic path. Guyana's Non-Aligned stance and fundamental governance and foreign policy principles were built upon western non-interference and self-sufficiency. The Non-Aligned Movement's...
Opinions

Latin America’s role in a potential LNG boom

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By Arthur Deakin – OilNOW There is no denying that the world’s inflationary pressures and future economic prospects are directly tied to energy-related geopolitics. In early October, OPEC+ signalled support for a higher oil price by cutting production by 2...
Opinions

More can be achieved through partnerships and mutually beneficial business relationships

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By Dr. Dax Driver - OilNOW I really enjoyed my visit to Guyana this week to attend the Guyana Basin Summit. It was great to catch-up with old friends and colleagues and to make many new contacts as well.  This...
Opinions

Guyana, oil and answering Europe’s needs

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By Scott B. MacDonald - OilNOW The Russo-Ukrainian War has been a shock-like wakeup call for Europe over its heavy dependence on Russian oil, gas and coal. As European Union (EU) and other Western countries imposed economic sanctions on Russia,...
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Prioritising Guyana’s Oil Revenue Spending: A Common Sense Approach

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By Dr. Lorraine Sobers - OilNOW What can Guyana learn from Botswana, Ghana, Suriname, Qatar, Trinidad and Tobago, the United Arab Emirates, and Venezuela? There is great interest in this type of analysis - gleaning lessons and best practices from...
Opinions

Agri Investment Forum and Expo II and Role of Oil and Gas Revenues

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Dr. H Arlington D Chesney – OilNOW During the period August 19-21, 2022, the Trinidad and Tobago (T&T) Government hosted the Agri Investment Forum and Expo II (AIFEII): Transforming Agriculture through Innovation and Investment. It followed one held in May...
Opinions

Experts explore Guyana’s emergence as an oil producer and implications for the future of the Venezuela-Essequibo controversy

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By Terrence Blackman, PhD and Utamu Bell – OilNOW The fourth episode of the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium's (CPC) Webinar Series, "Transforming Guyana," got underway on Wednesday, September 14, with a discussion centered around "Guyana's...
Opinions

What can gas reserves do for agribusiness in Guyana?

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By Cristina Caus and Jerry Haar - OilNOW The Guyanese economy has been known for quite a long time for a traditional economic system, in which most of the population was engaged in agricultural activities. As late as 1991, about...
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Suriname team tours Guyana’s FPSO simulator unit as oil development advances

SBM Offshore Guyana hosted a Local Content taskforce from Staatsolie, Suriname’s national oil company, at the Facility Simulator (FacTor)...

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