Opinions

Guyana: Economic Diversification Key to Long-Term Development

By Dr. Meredith Arnold McIntyre - OilNOW This is the second in a series of articles on economic and development policy to protect Guyana from experiencing “Dutch Disease.” The rapidly expanding oil sector and associated rising oil revenues have placed...

How companies can win in the upcoming oil auctions in Guyana

By Arthur Deakin - OilNOW Within months, Guyana is expected to have auctioned 14 different oil blocks surrounding the biggest offshore oil discovery in the last decade. The government has announced that there could be 25 billion barrels of...

Public-Private Partnerships—A Promising Path Forward if Done Right

By Jerry Haar Assessing the economic condition of the State of Maryland where he was elected governor in January, Wes Moore concluded: “we are asset rich and strategy poor.” Some would argue that evaluation applies to Guyana,...

Riding the wave: Guyana’s stock exchange and the thriving oil and gas economy

By Dr. Carolyn Walcott & Dr. Terrence Blackman Many people in Guyana, a small country, culturally a part of the Caribbean, located in the northeastern corner of South America, must be made aware that the country has a stock exchange....

From Black Gold to Green Fields: The Promise of Guyana’s Oil Wealth in Supporting Agriculture

By Dr. Carolyn Walcott & Dr. Terrence Blackman Guyana, a small country on the Atlantic coast of South America, is in the throes of a significant economic transformation. The 2015 discovery of large oil and gas reserves off its coast...

Technology and Innovation: The gateway to development for the Guyanese people

By Christina Caus - OilNOW We live in vulnerable energy times. The energy crisis, climate change, and energy transition are all shaking and shaping the global future.  "The energy realities of the world remind us that oil and gas will be here for decades to...

Transforming Guyana, Episode X: Unlocking Guyana’s Oil and Gas Potential, Balancing Energy Development and Environmental Stewardship

By Terrence Blackman, Ph. D. & Utamu Bell In Episode 10, “Unlocking Guyana’s Oil and Gas Potential,” in the Transforming Guyana webinar series hosted by the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium (CPC), the episode explored a...

The Vreed-en-Hoop Shorebase is not a public-private partnership

By Joel Bhagwandin - OilNOW I am writing in reference to a letter published the Stabroek News on March 23, 2023, with the caption, “Vreed-en-Hoop shore base, funded with Guyana’s oil revenues makes it a private, public partnership”.  I must disclose...

Trinidad and Tobago’s Proposed Energy Alliance

By Riyad Insanally Last month, Trinidad and Tobago (T&T) Energy Minister Stuart Young proposed a Caribbean energy alliance involving Guyana, Suriname and, of course, his own country. In broad terms, he was offering T&T’s established capacity to process oil and...

Regional Collaboration in Guyana’s Gas-to-Power Project

By Dr. Lorraine Sobers - OilNOW There was greater Trinidad and Tobago presence at this year’s International Energy Conference and Expo Guyana 2023, than in 2022. Trinidad and Tobago Prime Minister, Dr. the Hon. Keith Rowley, was one of...

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Staatsolie invites companies to join 2026 Blue Wave supplier program

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program,...