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Symmetry Group Inc. acquires majority stake in ISS Guyana advancing local content in Guyana’s oil & gas sector

OilNOW -
Symmetry Group Inc. (SGI) and Inchcape Shipping Services (ISS) today announced a strategic joint venture in Guyana, with SGI acquiring a 51% majority stake in ISS Guyana.  According to a statement from SGI, the partnership aligns with Guyana’s local content...
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Three-week certification target set for Guyana’s local content applicants

OilNOW -
The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...
News

Seventy-five of 1,250 businesses registered with the Local Content Secretariat are fully women-owned

OilNOW -
As of April 10, 1,250 local companies have registered with Guyana's Local Content Secretariat, and 75 of those companies are 100% female-owned. Women's participation in the energy sector is rising, with their involvement becoming crucial as the industry expects to...
Stories Beyond the Barrel

Christina Ramroop drives bold local content action at Stena Drilling

Shikema Dey -
Christina Ramroop serves as Stena Drilling’s Administration and Local Content Officer in Guyana. Her role allows her to develop professionally while making a meaningful impact. “Stena is an equal opportunity employer, and it gives me the free will to…grow into...
News

Bharrat: Local Content law not a shield for mediocrity or overpricing

OilNOW -
Guyana’s Minister of Natural Resources, Vickram Bharrat, has warned that the country’s Local Content law must not be misused by local companies as a cover for poor standards or inflated costs.  “The local content legislation, by no means, is protection...
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Local Content value to surpass US$847M in 2025 — Pertab

OilNOW -
The Local Content Secretariat expects the value of local content in Guyana's oil and gas sector to exceed US$847 million in 2025. This marks an increase of nearly US$104 million over 2024. Director of the Secretariat, Dr. Martin Pertab, said...
News

Second local catering consortium to launch this year – Local Content Head

Shikema Dey -
By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local Content Secretariat, made this announcement at the Local Content Summit. Dr. Pertab said discussions with international...
News

2025 Local Content Summit to focus on collaboration, investment, and growth

OilNOW -
The 2025 Local Content Summit aims to equip local businesses with the tools, knowledge, and partnerships needed to thrive in the oil and gas sector. Hosted under the theme ‘Collaborate. Invest. Build. Shaping Guyana’s Future Together’, the event will...
News

ExxonMobil Guyana sponsors 75 women for upcoming Local Content Summit

OilNOW -
ExxonMobil Guyana is sponsoring 75 women to attend the 2025 Local Content Summit this April 8. The sponsorship is in alignment with its commitment to fostering partnerships for Guyana's development, according to a company statement issued on March 28.  The...
News

Third Local Content Summit billed for April 8 in Guyana

OilNOW -
The South American oil-producing nation of Guyana will host its third Local Content Summit on April 8, bringing together key stakeholders to enhance participation in the oil, gas, and non-oil sectors. The event is being organised by MBW in...
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TechnipFMC mobilizes first subsea 2.0® tree from Guyana for Uaru development

TechnipFMC marked a key milestone for its configure-to-order Subsea 2.0® platform, which has benefited from its global talent pool....

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