Opinions

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

Opinions

Guyana: Beating the Resource Curse

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By Terrence R. Blackman, Ph.D. – OilNOW ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. The company drilled, safely, its first exploration well, Liza-1, in 2015. The Payara, Snoek, Liza Deep, and Turbot discoveries followed in 2017,...
Opinions

What are the real-world implications of net zero emissions before 2050?

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By Prakash Sharma - Head of Markets & Transitions, Asia Pacific at Wood Mackenzie   The recently released Sixth Assessment Report of the Intergovernmental Panel on Climate Change makes for stark reading. One of its key conclusions is that limiting human-induced global warming...
Opinions

Unrealistic expectations and untapped opportunities—are we paying attention?

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By A. Bacchus - OilNOW “We got oil but wuh duh mean fuh me? I ain’t seeing a cent of the oil money.” I recently heard that statement from a close friend of mine who has, in recent years, been...
Opinions

Report on QC Alumni Association Oil and Gas Symposium, by Dr. Terrence R. Blackman – Part 2

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By Terrence R. Blackman, Ph.D. – OilNOW In a recent news report, CGX Energy Inc announced that the drilling of the Kawa-1 well, the first well at the Corentyne Block offshore Guyana, is set to commence before August 15. This undertaking...
Opinions

Effective Guyana-Suriname cross-border oil spill response crucial to region

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By Dr. Lee Hunt – OilNOW On April 20, 2010, a critical failure of hydrocarbon containment occurred on the BP Macondo well 65 kilometers offshore the coast of Louisiana in the US Gulf of Mexico.  The event unfolded entirely within...
Opinions

Guyana should adopt a natural resources fund that mirrors Norway

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By Arthur Deakin - OilNOW Historically, countries that discover large amounts of natural resources, such as oil or gold, tend to create a Sovereign Wealth Fund to manage their newfound wealth. Guyana, which recently discovered 9 billion barrels of proven...
Opinions

Report on QC Alumni Association Oil and Gas Symposium, by Dr. Terrence R. Blackman

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By Terrence R. Blackman, Ph.D. – OilNOW Part 1 On June 09, 2021, ExxonMobil announced newly identified, high-quality hydrocarbon-bearing reservoirs below the original Longtail-1 at Longtail-3 offshore Guyana. The well, located approximately two miles (3.5 kilometers) south of the Longtail-1 well,...
Opinions

Using oil to diversify Guyanese foreign policy – starting with India

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By Wazim Mowla – OilNOW Amid increasing US rhetoric about competing with China in Latin America and the Caribbean, Guyana should use its newfound oil reserves to diversify its foreign relations. This process should start with India, who over the...
Exploration

Guyana is lynchpin in southern Caribbean’s changing geopolitical landscape – Scott B. MacDonald

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By Scott B. MacDonald - OilNOW In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago,...
Opinions

Geopolitics of oil and water in Guyana: Part 2 – Ivelaw Griffith

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By Ivelaw Lloyd Griffith – OilNOW The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a...
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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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