Opinions

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

Opinions

Guyana’s Challenge: Avoiding ‘Dutch Disease’

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By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s medium-term prospects are highly favourable and driven by fast expanding oil production. To date, international oil producers have discovered 11 billion barrels of commercially recoverable oil and gas that promise to transform...
Opinions

The Big Thinking of Carbon Credits

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By Dr. Lorraine Sobers - OilNOW John Hess, CEO of Hess Corporation, speaking at the recently concluded International Energy Conference and Expo Guyana, explained to the audience that “Carbon credits provide financial incentives to preserve forests and biodiversity that are...
Opinions

Agriculture and the Oil and Gas Economy

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By Utamu Belle and Dr. Terrence Blackman – OilNOW The ninth installment of the Guyana Business Journal (GBJ) and Caribbean Policy Consortium (CPC) webinar series, “Transforming Guyana,” focused on “Guyana’s Agricultural Sector and the Oil and Gas Economy.” Farming and energy...
Opinions

Guyana: Waiting for ICJ Decision, but also Investing in Security; Part 1

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By Ivelaw Lloyd Griffith – OilNOW This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...
Opinions

Guyana’s Economic Boom and the Labour Market

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By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s rapidly expanding oil sector has the potential to profoundly transform the economy. Oil production is currently above 300,000 barrels per day (bpd) and is projected to reach 720,000 bpd by 2026. The...
Energy Insights

Exxon made US$56 billion last year. So, what?

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ExxonMobil made a US$55.7 billion profit in 2022. That is a huge number. So, when Guyanese media outlets report on the oil major’s earnings, many locals are quick to assume that these earnings are Esso Exploration and Production Guyana...
Opinions

Energy diplomacy in Guyana and Caricom

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By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...
Opinions

The Oil & Gas Sector: Implications For Agriculture Being More Than Food On The Table

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By Dr H. Arlington Chesney - OilNOW An integrated and holistically conceptualised oil and gas sector could assist in developing a transformed and modernised Guyana and regional agriculture and contribute to regional food security. It could thus again be a...
Opinions

Experts Explore the Investment Climate in Guyana

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By Utamu Belle and Dr. Terrence Blackman – OilNOW The eighth installment of the GBJ and CPC's webinar series, "Transforming Guyana,” focused on "Investment Attraction and Retention, and the importance of Protection, Regulations and the Business Environment." These webinars bring...
Opinions

2022 Year in Review of Guyana, Part 2: In Closing…

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By Dr. Lorraine Sobers In my latest article, I rehashed a selection of themes addressed during 2022. Regular readers and energy sector observers may have noticed the omission of local content, education, ESG criteria, Guyana’s political stability and positioning on...
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Suriname team tours Guyana’s FPSO simulator unit as oil development advances

SBM Offshore Guyana hosted a Local Content taskforce from Staatsolie, Suriname’s national oil company, at the Facility Simulator (FacTor)...

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