Opinions

Infrastructure development in the emerging Guyanese oil & gas economy (A Review of Transforming Guyana: Season II Episode IV)

By Tash Van Doimen & Dr. Terrence Blackman - OilNOW In the latest installment of the enlightening web series, "Transforming Guyana," which aired on Wednesday, September 13, 2023, through a partnership between the Guyana Business Journal (GBJ) and the Caribbean...

Guyana’s strength in numbers

By Dr. Lorraine Sobers - OilNOW September, the start of the new academic year, often prompts me to search for linkages between the state of education and the state of the nation. This brought me to consider that much of...

Engaging the UK Diaspora in Guyana’s Emerging Oil & Gas Opportunities

By Ms. Tash Van Doimen, Mr. Rae Wiltshire & Dr. Terrence Blackman - OilNOW In an inspiring convergence of thought leaders, the recent event titled "Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas"...

Artificial Intelligence (AI) and the Development of Agriculture and Food Sectors in Oil Rich Guyana (Part 2, Challenges)

By Dr. Arlington Chesney - OilNOW Part 1 described the rapidly growing global importance of AI, including both algorithmic and autonomous devices on the development of the agriculture and food sectors; identified possible areas of their sustainable use in Guyana;...

Guyana, Geostrategic Entrepreneurialism and Energy

By Scott B. MacDonald - OilNOW The global political and economic system is in flux, driven by climate change, a transition from fossil fuels to renewables, and a new Cold War between the United States and China. Another factor creeping...

Implementing Guyana’s Low Carbon Development Strategy (LCDS) Part 2

By Dr. Ulric Trotz - OilNOW Guyana, together with other developing countries have been pressing for the prioritisation of climate change adaptation at international climate change meetings, and also, for the provision of financial resources to support adaptation action. While...

Implementing Guyana’s Low Carbon Development Strategy (LCDS) Part 1

By Dr. Ulric Trotz - OilNOW Countries that are parties to the United Nations Framework Convention on Climate Change are obliged to provide scheduled reports to the Convention, that provide information on their progress in addressing climate change adaptation and...

Good things ahead: An industrial-scale solution for carbon emissions

By Dr. Lorraine Sobers - OilNOW Guyana’s Petroleum Activities Bill, passed recently in Parliament underscores Guyana’s commitment to maintain its status as a net carbon sink—a country that eliminates more carbon dioxide emissions than it produces. Guyana has been a...

The implications of Tullow’s Orinduik departure

Tullow Oil has decided to sell its stake in the Orinduik Block, located offshore Guyana. At first glance, one might perceive this to indicate a lack of confidence in the prospectivity of the Orinduik Block. However, upon closer inspection,...

Increased activity on Guyana FPSOs, rising variation orders counterbalance H1 revenue dip – SBM Offshore 

SBM Offshore reported a 15% drop in directional revenue for the first half of 2023 amounting to US$1.4 billion.  The company said the decline in revenue was largely driven by a decrease in directional turnkey revenue, which dropped to US$558...

Latest News

Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic...