Opinions

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

Opinions

This is us!

Robert Persaud -
There is a television drama series with a catchy title –This Is Us! and it struck me that as Guyanese we have peculiar traits that define us and make us standout especially how we react to different situations. I...
Opinions

Cultural impact of oil & gas

Robert Persaud -
For centuries, the productive pillars of the Guyana economy have been agriculture, fishing, mining and forestry. Then, in recent decades, we saw efforts at diversification with bold steps taken to develop the services sector with tourism and information and...
Prime Time

Are we ready for prime time? Doing catch-up

Robert Persaud -
I admit that during my tenure as Minister of Natural Resources one of my main preoccupations was speeding up the exploration campaign of Guyana’s hydrocarbon basin with the aim of timely extraction and production once commercial discoveries were proven. But...
Opinions

Guyanese urge Gov’t, Opposition to join forces for a national plan on oil & gas

OilNOW -
As Guyana gears up for first oil in 2020, civil society, private sector groups and members of the public have been echoing the need for a clear-cut plan on how oil revenue will be spent in the South American...
Opinions

Sanctions and the oil industry in Venezuela

OilNOW -
Given the recent sanctions on Venezuela from Trump’s administration, the Latin American country is expected to declare bankruptcy, according to Breitbart News. However, it is not due to these sanctions that Venezuela is on ‘free fall’; it is instead...
Opinions

Bank account for every baby, free education and better infrastructure; Guyanese vision for oil money mixed

OilNOW -
UPDATE: This report was first published on September 23, 2017. Oil production in Guyana started on December 20, 2019 at the Liza Phase 1 Development. As preparation for oil production in Guyana continues, the view of the population regarding what...
Opinions

Urgency required to meet demand for local content in Guyana

OilNOW -
The recent discovery of oil offshore Guyana has created significant excitement for the future of the country and its developing industry. Naturally, the Buzz Phrase being kicked around in every conversation is Local Content.  With Local Content legislation being...
Editorial

Guyana: Managing Local Content Expectations

OilNOW -
The need for, and introduction of requirements for local content in Guyana’s emerging oil and gas industry, continues to engage the attention of stakeholders and the public at large. Even as a draft local content policy framework is being...
Opinions

Production-Sharing Agreements (Pt. 2): Ownership & mineral development rights

OilNOW -
(Part 2) Excerpt from an analysis done by Kristen Bindemann, Oxford Institute of Energy Studies There are two methods of contracting: bilateral negotiation and competitive bidding. When a contract is negotiated bilaterally, the firm, usually a multinational (such as ExxonMobil),...
Opinions

Should Guyana have its own oil refinery?

OilNOW -
A recent assessment by the consultant Pedro Hass, from the British-based international think-tank Chatham House, concludes that building a 100,000 barrel per day oil refinery in Guyana could cost up to $5 billion USD and that such an enterprise...
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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...

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