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Is Guyana facing the Dutch Disease? The reality behind the oil boom

In an article republished on May 29, The Economist described Guyana as “about to become one of the most extreme cases” of the resource curse, referencing the rapid influx of oil revenue. But is that truly the case on...

How Suriname compares to Guyana: Lessons from a neighbor’s oil journey

PARAMARIBO, SURINAME - Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana...

Election Deadlock: Suriname’s 2025 elections signal coalition challenges ahead of oil boom

PARAMARIBO, SURINAME - Suriname’s 2025 general elections have yielded a dramatic outcome that is both reflective of the country’s political fragmentation and indicative of the challenges ahead in forming a government and charting a united course for the country’s...

The Future of Oil in Suriname: Insights from political parties ahead of Sunday’s polls 

PARAMARIBO, SURINAME - As Suriname approaches general elections on May 25, the nation’s burgeoning oil and gas sector stands at the forefront of political discourse. The development of offshore reserves, particularly the US$10.5 billion GranMorgu project in offshore Block 58...

Afreximbank launches US$1 billion financing opportunity for Guyanese companies with Roadshow 

The African Export-Import Bank (Afreximbank) has made a substantial advancement toward meeting its pledge of US$1 billion in financing for Guyanese companies, following an introductory conference this week. The two-day event, at the Guyana Marriott Hotel, represented a pivotal moment...

The PAA Series: Management Themes (Part 5)

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023 (the ‘PAA’) we noted that a discovery can be (i) of no potential commercial interest...

Exxon and the Liza legacy: A decade of oil development in Guyana

Liza was the biggest, best prospect in a basin with zero discoveries. It kicked into gear the development of what is now known as one of the world’s prolific deepwater assets, the Stabroek Block. It is now 10 years...

Berbice emerging as a key development hub amid Guyana’s rapid growth

Former Dutch colony along Guyana’s coastline, Berbice, is steadily emerging as the country's next hub for development, with increased investments, infrastructure upgrades, and growing interest from stakeholders.  Major projects have already been set in motion in the country’s ‘Ancient County’,...

Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially launched last Tuesday at the Offshore Technology Conference (OTC) in Houston, Texas, one of the energy industry’s largest global events. Company...

ExxonMobil supports ECONOME conference founded by 27-year-old economics firebrand

ExxonMobil Guyana is now a gold sponsor for the 2025 edition of ECONOME, a business conference and mixer founded by Matthew Gaul, a 27-year-old business enthusiast on a mission to boost education and opportunities.  Gaul said, “ support sends a...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...