Opinions

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

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...
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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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Investing in becoming a cut above the rest – Pt. 2: New opportunities for world-class competitiveness

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By A. Bacchus Growing up in a small community in Canal Number One, on the West Bank of Demerara, at a time when very few people had dial-up internet and the ‘big back tv’ that required the youngest in the...
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Guyana and Suriname: the role of emerging oil markets on the path to net zero

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By Arthur Deakin – OilNOW This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices have tripled due to a fall in inventory meeting...
Opinions

Time and tide wait for no one

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By A. Bacchus – OilNOW One of my personal traits that I am working towards changing is that of being a procrastinator. I have this bad habit of waiting to undertake or complete tasks until my mind tells me that...
Opinions

Guyana’s oil and gas development will offer another strong rebuke against Venezuelan aggression

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By Wazim Mowla – OilNOW The development of Guyana’s oil and gas sector is its best chance to maintain its territorial integrity and sovereignty against unsubstantiated claims and aggression by Venezuela. The border controversy has plagued Guyana’s relations with Venezuela...
Opinions

Local content regulations: back to the future?

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By Jerry Haar – OilNOW Trade and investment liberalization has been one of the hallmarks of the global economy for the last sixty years. Both industrialized nations and emerging markets have come to realize that the positive features of neoliberal...
Opinions

Investing in becoming a cut above the rest – Pt. 1

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By A. Bacchus – OilNOW So, you have your business, and it is registered on the Supplier Registration Portal to be considered for contract opportunities in the oil and gas industry. What’s next? What is it about your company that...
Opinions

Preparing Guyanese youth for 21st century economic development

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By Wilberne Persaud – OilNOW In my April 2020 commentary: “GUYANA | Workable, Transparent Gov't Policy Needed for Oil and Gas Investment” an important bullet point read: “Guyana has but one limited, time-bound chance, to make oil and gas its...
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Guyana’s oil output to expand in 2025 amid forecast of lower prices

The Guyana government projects an increase in the rate of crude oil production offshore from 616,000 barrels per day...

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