Opinions

Guyana and Venezuela: a David and Goliath match up?

By Ivelaw Lloyd Griffith The International Court of Justice (ICJ) issued its latest ruling in the ongoing judicial saga between Guyana and Venezuela on April 6, last, during the week when three of the world’s most influential religions—Christianity, Islam, and...

Guyana: Economic Diversification Key to Long-Term Development

By Dr. Meredith Arnold McIntyre - OilNOW This is the second in a series of articles on economic and development policy to protect Guyana from experiencing “Dutch Disease.” The rapidly expanding oil sector and associated rising oil revenues have placed...

How companies can win in the upcoming oil auctions in Guyana

By Arthur Deakin - OilNOW Within months, Guyana is expected to have auctioned 14 different oil blocks surrounding the biggest offshore oil discovery in the last decade. The government has announced that there could be 25 billion barrels of...

Public-Private Partnerships—A Promising Path Forward if Done Right

By Jerry Haar Assessing the economic condition of the State of Maryland where he was elected governor in January, Wes Moore concluded: “we are asset rich and strategy poor.” Some would argue that evaluation applies to Guyana,...

Riding the wave: Guyana’s stock exchange and the thriving oil and gas economy

By Dr. Carolyn Walcott & Dr. Terrence Blackman Many people in Guyana, a small country, culturally a part of the Caribbean, located in the northeastern corner of South America, must be made aware that the country has a stock exchange....

From Black Gold to Green Fields: The Promise of Guyana’s Oil Wealth in Supporting Agriculture

By Dr. Carolyn Walcott & Dr. Terrence Blackman Guyana, a small country on the Atlantic coast of South America, is in the throes of a significant economic transformation. The 2015 discovery of large oil and gas reserves off its coast...

Technology and Innovation: The gateway to development for the Guyanese people

By Christina Caus - OilNOW We live in vulnerable energy times. The energy crisis, climate change, and energy transition are all shaking and shaping the global future.  "The energy realities of the world remind us that oil and gas will be here for decades to...

Transforming Guyana, Episode X: Unlocking Guyana’s Oil and Gas Potential, Balancing Energy Development and Environmental Stewardship

By Terrence Blackman, Ph. D. & Utamu Bell In Episode 10, “Unlocking Guyana’s Oil and Gas Potential,” in the Transforming Guyana webinar series hosted by the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium (CPC), the episode explored a...

The Vreed-en-Hoop Shorebase is not a public-private partnership

By Joel Bhagwandin - OilNOW I am writing in reference to a letter published the Stabroek News on March 23, 2023, with the caption, “Vreed-en-Hoop shore base, funded with Guyana’s oil revenues makes it a private, public partnership”.  I must disclose...

Trinidad and Tobago’s Proposed Energy Alliance

By Riyad Insanally Last month, Trinidad and Tobago (T&T) Energy Minister Stuart Young proposed a Caribbean energy alliance involving Guyana, Suriname and, of course, his own country. In broad terms, he was offering T&T’s established capacity to process oil and...

Latest News

Stena Drilling invests over US$85M in Guyana, employs 157 locals

Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route...