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

OilNOW - February 25, 2023

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

OilNOW - February 8, 2023

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?

OilNOW - February 5, 2023

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

OilNOW - February 2, 2023

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

OilNOW - January 30, 2023

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

OilNOW - January 27, 2023

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…

OilNOW - January 25, 2023

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...

Opinions

Navigating the Emerging Oil & Gas Economy for Guyana’s Indigenous Communities: Consultation, Challenges, and Opportunities

OilNOW - January 24, 2023

By Sydney Allicock, Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW The Indigenous Peoples of Guyana, known locally as Amerindians, comprise nine distinct groups, each with their own unique culture and traditions, three in coastal areas and six in...

Opinions

Geopolitics of Oil: the case of Venezuela and lessons for Guyana

OilNOW - January 11, 2023

By Joel Bhagwandin – OilNOW Over the past two decades, Venezuela has changed to become a problematic country from an investment perspective. Venezuela’s political and economic history supports the assertion that Venezuela has and continues to be a risky place...

Opinions

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

OilNOW - January 11, 2023

By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...

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