Opinions

Will these pillars support Guyana’s oil industry?

By Dr. Lorraine Sobers - OilNOW Guyana is the steward of astounding natural resources, luscious rainforest, gold, diamond, bauxite and hydrocarbon deposits. The industries built on these natural resources all have environmental and stewardship challenges. The excitement of Guyana’s oil...

CPSO’s threat to challenge Guyana’s Local Content Act

Summary Based on the discussion and analysis contained herein, the CARICOM Private Sector Organisation (CPSO) appeared to be grossly misguided and thus its stance can be construed as being disrespectful to the Guyanese private sector and Guyana as...

Media report on oil block ‘recklessly repeats malicious distortion’, says former Guyana Prime Minister

Former Prime Minister of Guyana Samuel Hinds, now the country’s Ambassador to the USA and OAS, says a report which appeared in several sections of the media on the offshore Canje block recklessly repeats malicious distortion of the facts. Below...

Resolutions and solutions

Another year has come to an end, and we are now in two days into 2022. As is customary, the last few days for many would have been spent reflecting on 2021 and whether or not goals were achieved...

Guyana’s Local Content Policy and the complete education of all Guyanese children

By Dr. Lorraine Sobers Guyana’s oil production is set to ramp up rapidly in the next 5 years, but this is just the beginning. By early 2022, production will reach 340,000 barrels of oil per day (bopd) with the arrival...

A look at Guyana’s local content requirements

By Terrence R. Blackman, Ph.D. – OilNOW On December 16, 2021, the Guyanese National Assembly will consider the proposed Local Content Laws to integrate Guyanese into the country's emerging oil and gas industry. The goal of Guyana's local content policy...

A bird in the hand and a block offshore…

By A. Bacchus Lately, I’ve found myself continuously involved in conversations centered on the oil and gas industry, and what it really means for the people of Guyana. The topic has dominated my academic life, and at least twice weekly,...

Local Content: Start streamlining – Career guidance should be a necessary part of the education system

By A. Bacchus The oil and gas industry will be here for at least twenty years. Local content has been one of the hot-button issues from the inception, and the need for locals to occupy this sector remains an objective...

Local Content: Where are the jobs, you ask?

By A. Bacchus I was sitting in a class recently when a colleague expressed in utter vexation, “they’re giving all the jobs to foreigners.” The conversation was delving into industries and the policymaking in Guyana, and like the new-norm, oil...

The seesaw dilemma: matching Guyana’s labor force with its energy bonanza

In February 2021, the new Guyanese government released the first draft of their proposed local content policy for the energy sector. Local content regulation defines how much local labor is utilized during the development of an industry—a fundamental policy...

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Dominican Republic can help Guyana bridge gaps, place progress on par with developed world- Pres. Ali

Guyana's President, Dr. Irfaan Ali deemed the Dominican Republic a pivotal ally that can help his country bridge many...