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Proposal to have 111 categories of service with high local content targets unrealistic – AMI Co-Director

OilNOW -
If Brazil with a population of over 200 million people found it difficult to achieve high or progressive local content targets for 90 categories of service, how does Guyana propose to do a better job with a smaller population...
News

Exxon sees unprecedented progress in local content development in Guyana – Routledge

OilNOW -
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...
Opinions

Guyana should learn from Brazil’s shortfalls in its Local Content Policy

OilNOW -
By Arthur Deakin – OilNOW On February 15, the government of Guyana opened a public consultation process for its local content policy. Guyana is set to become a top 20 global oil producer, at 1.2 million barrels a day by...
News

Need for realistic local content targets form key part of discussions as Guyana prepares framework

OilNOW -
Section seven of Guyana’s draft revised Local Content Policy Document that is currently under consultation falls under the title, ‘Minimum Local Content in Goods and Services’ and sets out mandatory local content targets for companies in the oil and...
News

Capacity on the ground, banking system challenges among points raised at opening of local content consultations

OilNOW -
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...
News

Accountability, realistic targets must be hallmarks of Guyana’s local content policy – President Ali

OilNOW -
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...
News

Guyana President will host local content consultation next Monday

OilNOW -
With the release of the draft local content policy expected this week, Guyanese would be able to peruse the document and share their views for the final policy during a consultation process that would be led by President, Dr....
News

Let local content policy be responsive to conditions on the ground, expert urges

OilNOW -
Guyana has just entered its second year as an oil producing country and the question of how to maximize benefits for the local population remains at the forefront of ongoing discussions. While stakeholders across the board agree that implementing...
News

Separate law for local content won’t guarantee success – Greenidge

OilNOW -
Since the discovery of oil in Guyana back in 2015, there have been mounting calls for Local Content Legislation. While some believe this legal backing may be helpful in the country’s bid to ensure locals are able to enjoy the maximum...
News

Local Content Panel agreed policy should not lead to monopolies – Greenidge

OilNOW -
Following several rounds of consultations with industry stakeholders, Guyana’s Local Content (LC) Panel which was assembled September last by President Irfaan Ali to prepare recommendations for consideration by the Government, was in agreement that the nation’s policy should not...
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SBM Offshore Guyana throws support behind Mental Health Awareness Campaign

SBM Offshore Guyana has thrown its support behind a new national mental health campaign launched by the Office of...

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