Opinions

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

Opinions

Local content and immigration in Guyana

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By Steven Jasmin - OilNOW Over the past 4 years Guyana has worked hard to iterate and develop a local content strategy and policy that strikes the balance of helping and protecting the Guyanese population, while simultaneously encouraging growth. As it...
Opinions

Guyana’s geopolitical neighborhood heats up

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By Ivelaw Lloyd Griffith - OilNOW Northern South America is heating up, and not just because of the massive oil fields that have been discovered offshore Guyana since May 2015. Provocative Moves On January 7, 2021, the day after the insurrectionist rumblings...
Opinions

Critical variables in Guyana’s Workforce Development Equation

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By Terrence R. Blackman, Ph.D. - OilNOW The recent 2020 Guyana Labor Force Survey (GLFS) highlights major interest indicators in Guyana's labor force participation. In the first quarter of 2020, the total population aged fifteen (15) and above residing in...
Opinions

An approach to healing Guyana’s socio-political and economic ills [Part 2]

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By Wilberne Persaud – OilNOW Guyana’s 783 thousand population occupies a land mass of 83,000 sq ml, compared to Singapore’s 279.6 sq ml with 5.7 million population and England’s 50,301 sq ml with population 56.3 million. Respectively, 2019 GDP numbers...
Opinions

Rivalry in the Guyana Suriname Basin, the Holy Grail of oil & gas

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By Anthony T. Bryan – OilNOW From Trinidad and Tobago (T&T) it is about one hour flying time south to Georgetown the capital of the Republic of Guyana and another hour flying south to Paramaribo the capital of Suriname. These two...
Opinions

Letter-to-the-Editor: No matter the price of oil, Guyana will receive a lot of revenue

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There is a Letter to the Editor published in Sunday’s Stabroek News under the headline, “Guyana is losing US$35B by failing to negotiate a fair royalty”. While I can sympathize with the sentiment behind the letter, I believe that...
Opinions

Is the world heading for a shortfall in global oil supply?

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By Dean Foreman, Chief Economist at American Petroleum Institute It’s possible we could be headed for a shortfall in global oil supply as soon as next year – pretty remarkable considering where oil demand was last spring, with economies slowing under...
Opinions

Will oil companies start spending again? Cash generation could hit record levels in 2021

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By Simon Flowers - Chairman, Chief Analyst and author of The Edge at Wood Mackenzie This could be the year oil and gas roars back. Tom Ellacott, SVP Corporate Analysis, saw in early December that the industry could have its own V-shaped recovery...
Opinions

Guyana should learn from Brazil’s shortfalls in its Local Content Policy

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By Arthur Deakin – OilNOW On February 15, the government of Guyana opened a public consultation process for its local content policy. Guyana is set to become a top 20 global oil producer, at 1.2 million barrels a day by...
Opinions

Guyana must not allow critics, challenges to detract from broad potential benefits of gas pipeline

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By Joel Bhagwandin - OilNOW A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 3 The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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