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

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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...
Opinions

Resolutions and solutions

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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...
Opinions

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

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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...
Opinions

A look at Guyana’s local content requirements

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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...
Opinions

A bird in the hand and a block offshore…

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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,...
Opinions

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

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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...
Opinions

Local Content: Where are the jobs, you ask?

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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...
Opinions

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

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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...
Opinions

Find your niche—its not all pipes, ships and concrete

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By A. Bacchus Back in 2015, when the first oil discovery was announced, I was blissfully unaware of the workings of the petroleum industry. In fact, in my mind, oil production in Guyana would look like a scene out of...
Opinions

Future deepwater fields will deliver twice the average volume of oil

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By Andrew Latham, Vice President, Energy Research - Wood Mackenzie These are challenging times for upstream oil and gas, as the industry navigates unprecedented uncertainty. But the pain is not distributed equally. Growth from deepwater is much faster than from upstream...
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T&T Energy Ministry to investigate rig collapse that left worker missing

Pete Phillip, a worker attached to Well Services Limited, is missing after an incident at Rig 110 within the...

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