Access to finance continues to be the common theme in local content discussions, as it remains a main hindrance to the success of local enterprises desirous of tapping into Guyana’s expanding oil sector.  As the inaugural Local Content Summit 2023 got underway on Tuesday, every local representative of the first panel - “Local Content Success Stories” - shared similar experiences where access to finance served as a stumbling block to their ventures.  There was Nicholas Deygoo-Boyer,...

By Cristina Caus - OilNOW While delivering the feature address at the La Primavera Banquet Hall in Ontario, Guyana’s President, Irfaan Ali announced the country’s plans to undergo a major transformation to build a “world-class service sector”. Addressing the misconception that Guyana should replicate the development strategies of other countries, he said: “What is wrong with us developing our own model? We must have the ability to design and propel our own brand. That is...