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New oil licenses mean expanded opportunities for Guyanese, says new local content director

OilNOW -
The award of new oil blocks in Guyana will open the door for more Guyanese to benefit from the country’s expanding petroleum industry, according to Michael Munroe, Director of the Local Content Secretariat. Munroe, who also serves as a legal...
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Suriname President announces 2026 launch of National Local Content Program in first annual address

Işıl Güneş -
PARAMARIBO, SURINAME - In her first annual address to Parliament, President Jennifer Geerlings-Simons announced that Suriname will launch a National Local Content Program in 2026 to ensure that citizens and businesses are directly engaged in the country’s emerging oil...
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Guyana urgently seeks maritime talent ahead of 2026 hiring boom – former Local Content Director 

OilNOW -
Guyana’s offshore sector is bracing for a major hiring surge in 2026, but the supply of certified local maritime workers is falling short of demand. This is according to Dr. Martin Pertab, who until recently headed Guyana’s Local Content...
News

Oil and Gas Minister Brunings: Local content key to Suriname’s oil and gas future

OilNOW -
PARAMARIBO, SURINAME – Stakeholders from across Suriname’s oil and gas sector gathered on September 24 at the Assuria Event Center for a masterclass, 'Navigating the Local Content Regulations for Oil and Gas in Suriname'. The event, organized by Shyamnarain Associates...
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Guyana’s Local Content Secretariat changes leadership

OilNOW -
Michael Munroe has been appointed to succeed Dr. Martin Pertab as Director of Guyana’s Local Content Secretariat. Pertab has now taken up the post of Chief Executive Officer at the country’s Central Housing and Planning Authority (CH&PA). Pertab, who was...
News

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

OilNOW -
More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr. Martin Pertab. In an interview with OilNOW, Dr. Pertab disclosed that the Secretariat has registered 1,315...
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Guyana’s local content spend hits US$350M in six months 

OilNOW -
Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million in the first half of 2025. Dr. Martin Pertab, Director of the Local Content Secretariat, confirmed...
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Analyst expects stricter local content rules, differences on how to manage oil revenues with new Suriname government

OilNOW -
Suriname’s new coalition government could face internal divisions over how to manage future oil revenues, an international analysis report predicted. This comes after the selection of Jennifer Geerlings-Simons as President, last July 6.  In a country risk report seen by...
News

Local content policies in oil-producing countries: a comparative look with focus on Suriname

Işıl Güneş -
PARAMARIBO, SURINAME - Local content policies are increasingly used by oil-producing nations to ensure that petroleum extraction generates long-term economic benefits for local populations. These policies typically require international oil companies to prioritize hiring national workers, sourcing goods and...
News

TotalEnergies pushes local content drive with key findings from Suriname Industrial Baseline Study 

OilNOW -
TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...
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Staatsolie seals offshore deals with PETRONAS, Chevron for Suriname’s Blocks 9 and 10

Staatsolie Maatschappij Suriname N.V. signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10 with PETRONAS Suriname E&P...

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