Opinions

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

Opinions

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

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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

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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

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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...
Opinions

The Right to Produce

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By Cristina Caus and Jerry Haar - OilNOW After years of resistance from rich governments, in November 2022 at the COP27 Summit in Egypt the principals finally agreed to set up a “loss and damage” fund to help developing nations...
Opinions

Guyana needs an ‘elixir of policies’ that will benefit its people

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By Jerry Haar - OilNOW Countries do not survive or thrive on macroeconomics and politics alone. Those factors are most important; however, there are structural and institutional forces and factors at play that occupy an even larger role in how...
Opinions

Existential Relationships between Oil and Gas Revenues, in Guyana, Suriname and Trinidad and Tobago, with Caricom Food Security

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By Dr H. Arlington Chesney - OilNOW Recent global activities have re-emphasised the importance of oil and gas revenues emanating in the Caribbean with the achievement of climate resilient activities and acceptable food security levels in the Caribbean Community and...
Energy Insights

Guyana goes after reforms to modernise oil sector

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In its 2020 manifesto, the People’s Progressive Party/Civic administration pledged to ensure better contract management for the Stabroek Block Production Sharing Agreement (PSA) and future contracts. In just two years, the government has embarked on a number of legislative and...
Opinions

The Significant Offshore Events in the U.S. That Contributed to Guyana’s Meteoric Rise as a Leading Oil Producer

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By Fernando Hernandez - OilNOW To understand Guyana’s meteoric rise as an oil-producing nation, it is necessary to reference critical events that occurred in the U.S.’ Gulf of Mexico (GoM) in 1947 and 1986. These events were crucial to the...
Opinions

2022 Year in Review of Guyana, Part 1: What I have said so far

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By Dr. Lorraine Sobers - OilNOW The year 2022 has been an intriguing one for Guyana’s energy sector: oil production and reserves have grown significantly, local content legislation came into full force, legal local content disputes arose and were settled,...
Energy Insights

Bring on the trade missions: Guyana needs healthy dose of imported capabilities to support development agenda

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In November, Guyana welcomed trade missions from the United Kingdom, USA, and Canada. Similar engagements are planned with France and India, indicative of the government's position that the country is “open for business.” Senior Minister in the Office of the...
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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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