Showing results for:

News

Women-led businesses in Guyana determined to tap into growing economic opportunities

OilNOW -
The economic transition being forecast for Guyana is bringing with it significant prospects and women entrepreneurs in the new oil producing country are determined to ensure they are well positioned to benefit from these opportunities. The Women’s Chamber of Commerce...
News

75% cost recovery provides opportunity for local suppliers to maximise benefits – Indar

OilNOW -
Guyana’s Minister within the Ministry of Public Works, Deodat Indar, said on Thursday the 75% cost recovery ceiling for operations at the Stabroek Block provides local suppliers with an opportunity to maximise benefits from the rapidly expanding exploration and...
News

Guyana has moved from a handful of businesses to over 600 suppliers supporting offshore operations

OilNOW -
Guyanese businesses have been playing an increasing role in the offshore exploration and production activities with more services being provided directly from local suppliers now than what previously obtained following the 2015 Liza discovery. This is a direct result of...
News

Guyana looking to implement procurement, local content audits for oil and gas operations

OilNOW -
To ensure all stakeholders are holding up their end of the bargain to make maximum use of local goods, skills and services in their operations, the President of Guyana, Dr. Mohamed Irfaan Ali, says government will be moving to...
News

Guyanese businesses to get more capacity building support under Exxon’s US$100M initiative

OilNOW -
The Centre for Local Business Development will this year be focusing on the improvement of the technical capacity of local businesses, and their plans are being supported by ExxonMobil’s Greater Guyana Initiative—a US$100 million commitment to capacity building by...
News

Oil and gas technical training centre could help boost deficient human capacity in Guyana – Associate Professor

OilNOW -
In its pursuit of a robust Local Content Policy, Guyana must be cognizant of its limited human resources while pushing for industry stakeholders to meet high targets. This point was recently made by Dr. Terrence R. Blackman, an Associate...
News

Thousands of individuals, local companies gaining from capacity building, training for oil and gas opportunities

OilNOW -
More local companies are registering on the Centre for Local Business Development’s Supplier Registration Portal and benefitting from training and capacity building being provided by the Centre. “To date, over 2900 Guyanese companies have registered on the Centre’s Supplier Registration...
News

OilNOW TV webinar series continue tonight with focus on local content

OilNOW -
A revised draft Local Content Policy has been the focus of intense consultations in Guyana since February, and it is expected that an updated version of this document will form the basis for a local content framework that would...
News

Strategic consultations on local content advancing, feedback on key areas received

OilNOW -
Intense engagements with oil and gas companies in Guyana and other stakeholders in recent weeks have seen feedback on specific areas of enhance business development being received by the Ministry of Natural Resources. “The consultations are evolving with both stakeholders...
News

Guyana to become energy epicentre of Western Hemisphere – President Ali

OilNOW -
Given the resource development model his government intends to roll out, President of Guyana, Dr. Mohamed Irfaan Ali, confidently asserted today that Guyana will no doubt emerge as the economic and energy epicentre of the Western Hemisphere. The Head of...
1...456...29Page 5 of 29

Latest News

NewsOilNOW -

GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks