Opinions

Guyana: Managing Local Content Expectations

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...

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

(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),...

Should Guyana have its own oil refinery?

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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“We’re not worried” – Guyana VP on Trump’s new energy policies 

Vice President Bharrat Jagdeo has dismissed concerns that U.S. President Donald Trump’s energy policies could threaten Guyana’s oil industry....