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Chamber frustrated with continued absence of functional local content framework in Guyana

Business representatives who recently returned to Guyana after a successful foray at the Offshore Technology conference in Houston, Texas, are expressing frustration and deep...

Bourbon Offshore opens office in Guyana; aims to ‘maximize local content’

Marine Services provider; Bourbon Offshore, has opened an office in Guyana - South America’s newest oil and gas frontier. The French-based company, with operations...

Tullow Oil talks up local content with Guyana business group

A team of officials from Tullow Oil, led by CEO Paul McDade, met with members of the Georgetown Chamber of Commerce and Industry (GCCI)...

Nigeria local content body says Samsung has transformed country into FPSO construction hub

Korean shipbuilding giant, Samsung Heavy Industries (SHI) has transformed Nigeria into a hub for fabrication and integration of Floating Production Storage Offloading (FPSO) units...

US company Harvey Gulf is aiming for 100% local content in Guyana

Harvey Gulf International Marine, one of the top marine transportation companies globally, has identified Guyana as its latest investment destination. The US-based company specializes in...

Guyanese business group calls for swift implementation of local content framework

The Private Sector Commission of Guyana (PSC) is calling for the swift implementation of a local content framework within which local businesses can operate...

Structural approach to maximizing Local Content Development: national benefits for an emerging petroleum-producing country

Initial efforts on local content have already contributed to the emerging oil sector transformation in Guyana. This can be seen from the first set...

Value-addition and human capital creation for economic growth: key elements of Local Content Policies

Local Content Policies (LPCs) are part of a broader category of policies known as Productive Development Policies (PDPs) or Industrial Policies (IPs), which, in...

Local Content Policy for Guyana: Maximizing Economic Benefits

Increasing hydrocarbons finds offshore Guyana will offer significant opportunities to the country to fast track economic development and ensure that public welfare improvements are...

Local content framework in Guyana to be in place “long before first oil” –...

“We are confident that there will be a Local Content framework long before first oil.” This assurance was given by Director of the Department...

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