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Exxon local content centre produces first Guyanese ISO certified company

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Guysons Oil and Gas Services has set the pace for potential suppliers in Guyana’s petroleum sector by becoming the first local company in the emerging industry to meet the requirements for International Organization for Standardization (ISO) ISO 9001:2015. The announcement...
Exploration

Dept. of Energy likely to take lead on local content – Dr Bynoe

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Head of Guyana’s Department of Energy Dr Mark Bynoe says the Local Content Policy development which was some time ago transferred to the Ministry of Business from the Ministry of Natural Resources is likely to be handed over to...
News

Equatorial Guinea could end oil service contracts over failure to comply with local content rules

OilNOW -
Major oil companies in Equatorial Guinea could be asked by the end of September to cancel their contracts with service providers such as TechnipFMC, Schlumberger and Subsea 7 SA because they aren’t complying with local-content rules over training and...
News

GOGA, Marak set to stage 1st local content conference in Guyana

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Following the massive oil discoveries offshore Guyana, the Guyana Oil and Gas Association (GOGA) says the country has an opportunity to achieve a new path of sustainable economic growth and development; through applicable Local Content Policies and Strategies that...
News

Poor local content provisions can lead to corruption, conflict

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A study on local content provisions in developing countries has made a nexus between poorly drafted or implemented local content policies, laws and regulations and the emergence of corruption and conflict resulting in little benefit to the country from...
News

Guyana businesses want local content legislation – GCCI President

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President of the Georgetown Chamber of Commerce and Industry, Deodat Indar, says that the business community in the South American country would like to see, at the very least, some degree of legislation enacted for local content rather than...
News

ExxonMobil defends local content push in Guyana at Parliamentary meeting

OilNOW -
ExxonMobil Guyana on Friday defended the company’s policy on local content, stating that at this stage of the oil and gas development in the South American country, “the efforts in local content development are really good.” The company’s Country Manager,...
News

Local Content Push: 40 Ghanaian companies to go on UK trade mission for O&G

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Ghana’s Petroleum Commission is leading a delegation of over 40 local companies on a week’s oil and gas trade mission to Aberdeen, Scotland. The goal is to engage with their Scottish counterparts seeking business opportunities in Ghana’s upstream petroleum...
News

Local content expert says policy must capture capabilities of Guyanese workforce

OilNOW -
Rene Roger Tissot, an energy and development economist specializing in local content policies and strategies says Guyana should have a plan in place to develop the capabilities of its people before commercial oil production comes on stream. One way...
News

‘Governance framework’ to ensure local content compliance

OilNOW -
Guyana’s second draft Local Content Policy Framework outlines the requirement of a ‘governance framework’ to ensure compliance by stakeholders in the oil and gas industry. The country’s Ministry of Natural Resources released the second draft Local Content Policy Framework on...
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Two oil nations, one engineering crisis: Guyana short, Trinidad shrinking

The challenge of producing and retaining engineers is playing out in two different ways in Trinidad and Tobago and...

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