Opinions

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

Opinions

Unleashing Guyana’s Tech Potential: Insights from Industry Experts

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By Dr. Terrence Blackman - OilNOW As Guyana experiences an unprecedented economic boom fueled by the oil and gas industry, industry experts have highlighted the country's tremendous opportunity to leverage this growth in the technology sector. The recently concluded...
Opinions

Empowering Guyana’s Youth for STE[A]M Success: The Key to a Transformed Nation

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By Dr. Terrence Blackman and Dr. Carolyn Walcott Guyana's oil and gas industry is flourishing, presenting a unique opportunity for growth and development. However, it is crucial to understand that a nation's true strength lies in investing in human and...
Opinions

Guyana and the Gulf States – Fostering Mutual Interest

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By Scott B. MacDonald - OilNOW In May 2023, Guyana’s President Dr. Mohamed Irfaan Ali made an official visit to Qatar, several thousand miles away in the Persian Gulf, and opened his country’s first embassy in Doha. Points of discussion...
Opinions

Remembering the Basics: Easy Wins for a Sustainable Energy Future in Guyana, Part II

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By Dr. Ulric Trotz - OilNOW In our previous consideration of the utilisation of wastes for energy generation in Guyana, we discussed, so far, the potential of employing domestic and agricultural wastes, inclusive of wastes from livestock for this purpose....
Opinions

Fueling a Sustainable Future: Guyana’s Youth and the Oil and Gas Industry

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By Terrence Blackman, Ph. D. & Utamu Bell Guyana's oil and gas industry is rapidly growing, and with it comes an opportunity to empower the country's youth, particularly the marginalised, to actively participate in its economy.  During the most recent "Transforming...
Opinions

FPSOs’ Role In Raising Guyana’s Position In The Market: What Does This Mean For Production and Revenues?

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By Cristina Caus - OilNOW On April 11, 2023, the floating production, storage and offloading vessel (FPSO) Prosperity arrived in Guyana and joined the other two FPSOs, Liza Destiny and Liza Unity. This became the third FPSO vessel that has...
Opinions

Remembering the Basics: Easy Wins for a Sustainable Energy Future in Guyana (Part 1)

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By Dr. Ulric Trotz One of Guyana’s Low Carbon Development Strategy (LCDS) objectives is transforming the country’s energy sector as part of our overall effort to achieve a low-carbon economy. Focus has been on employing a mix of approaches involving...
Opinions

Dr. Ulric Trotz’s Concerns about Climate Finance

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By Dr. Ulric Trotz - OilNOW Two recent developments on the climate finance landscape cause me some concern.  The first is the agreement at the 2022 Conference of the Parties (COP) of the United Nations Climate Change Convention (UNFCCC) in Egypt,...
Opinions

Guyana’s Oil and Gas Boom – A Less Gloomy Outlook!

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By Wilberne Persaud Dashan Hendricks, Jamaica Observer’s Business Content Manager, sought Economist Damien King’s opinion on Guyana’s development prospects based on windfall oil and gas returns. The March 17, 2023 result: “‘Mark my words’… King fears resource curse could...
Industry Insight

2023 to be a boon year for project approvals with 30 expected to reach FID – WoodMac

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Wood Mackenzie predicts a positive outlook for project development with 30 out of the viable 40+ expected to reach final investment decisions (FIDs) in 2023.  But it does not come easy.  WoodMac’s Vice President, Head of Upstream Analysis Frank McKay and...
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Guyana nominates candidates for sole expert to resolve US$214 million audit dispute with Exxon-led group

Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its...

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