Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.
He made the comments on the Starting Point...
Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis.
In January 2025, Petrobabs had noted that Brazil’s local content law aims to boost investments and optimize the country’s exploration...
Dear Editor,
The story of local content in Guyana is, in many ways, the story of our economic coming of age. What began as a call to ensure Guyanese participation in a new oil and gas sector has evolved into...
TotalEnergies EP Suriname B.V. is seeking companies to help coordinate and execute a local content education program linked to its offshore petroleum activities in Suriname.
The company issued a Request for Expression of Interest inviting entities to provide coordination and...
PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory bottlenecks affecting project execution.
Earlier this week, the board met with industry and government stakeholders, including...
The Guyana Revenue Authority (GRA) and the Local Content Secretariat are upping their enforcement of “rent-a-citizen” practices designed to bypass the country’s Local Content Act (LCA). This is according to Minister of Natural Resources Vickram Bharrat, speaking exclusively with...
Transparency, access and supplier readiness were at the center of discussions on Thursday when industry and government officials addressed the ‘Let’s Talk Local Content’ forum.
The forum was held on day three (February 19) of the Guyana Energy Conference and...
ExxonMobil Guyana has spent more than US$3.6 billion (approx. GY$750.6 billion) with local suppliers to date, with a record US$700 million (approx. GY$145.95 billion) paid in 2025 alone, President Alistair Routledge announced on day 2 of the Guyana Energy...
Guyana’s Ministry of Natural Resources, through the Local Content Secretariat, has launched its online portal to speed up local content certification and reduce delays, as the government seeks to improve efficiency in the oil and gas supply chain.
Michael Munroe,...
Guyana’s local content legislation, originally crafted for the oil and gas industry, is influencing investor behaviour across other sectors of the economy, Natural Resources Minister Vickram Bharrat said on Tuesday, February 10.
The Local Content Act, legislated at the end...
