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Guyanese businesses can now acquire API world-class certification through CLBD

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The Centre for Local Business Development has signed a Memorandum of Understanding (MoU) with the American Petroleum Institute, paving the way for ISO 9001 certified companies in Guyana to expand their training and acquire certification for the manufacturing of...
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Guyanese logistics company thriving in oil sector, expanding local supply chain

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Guyanese logistics company, Western Logistics has been thriving as a result of the business opportunities being provided by the oil and gas sector. Operations Manager of the company, Pradeep Ramoutar spoke of the role the oil industry played in the...
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Access to financing for Guyanese businesses high on CLBD’s agenda, new options proposed to banks

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The Centre for Local Business Development (CLBD) has been making progress in its talks with banking institutions in Guyana regarding access to financing for businesses operating in the oil and gas industry. The Centre’s Director Dr. Natasha Gaskin-Peters said this...
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Another local company fabricating fixtures for massive incoming oil production vessel

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Guyana Oil and Gas Support Services Inc. (GOGSSI) is the second local company to be recognized in as many days for providing fabrication services for the Prosperity Floating Production Storage and Offloading (FPSO) vessel being built by SBM Offshore...
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Major local content milestone for Guyana as FPSO fabrication work being done in country

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Guyanese company, Industrial Fabrications Inc. (InFab), is one of two companies that were awarded contracts from SBM Offshore in Guyana to provide fabrication services for the Prosperity Floating Production Storage and Offloading (FPSO) vessel that is being built for...
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Exxon sees unprecedented progress in local content development in Guyana – Routledge

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President of ExxonMobil Guyana, Alistair Routledge said this week he has seen unprecedented levels of progress in local content development and stressed the importance of education and training for Guyanese, in order for them to benefit from the opportunities...
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Operators must tell local businesses about upcoming opportunities, President says

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The Guyana Government is seeking to make it a policy that oil and gas operators have to provide advance notice to local businesses in relation to upcoming opportunities to provide goods and services to the industry. While the over 2700...
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Capacity on the ground, banking system challenges among points raised at opening of local content consultations

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During the first leg of consultations held on Monday on Guyana’s draft Local Content Policy, the discourse, which was facilitated by President, Dr. Irfaan Ali, at the Arthur Chung Conference Centre on the outskirts of Georgetown, saw commentary from...
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Accountability, realistic targets must be hallmarks of Guyana’s local content policy – President Ali

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During Monday's launch of the first round of consultations on Guyana's draft Local Content Policy, President Irfaan Ali categorically stated that the final document must be one with a difference. The Head of State, who led the discussions at...
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Exxon-led consortium’s next challenge in Guyana is local content

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The following is an opinion piece by David Blackmon, an independent energy analyst/consultant based in Mansfield, TX., published in Forbes on February 13, 2021.  The question of local content inevitably becomes a significant factor anytime oil companies move into a...
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Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...

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