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Guyana trumpets O&G preparedness as ExxonMobil local content support gains steam

OilNOW -
ExxonMobil Guyana's Centre for Local Business Development (CLBD) on Wednesday marked its one year milestone with a well-attended reception at its South Road, Georgetown headquarters. The country's Minister of Business, Dominic Gaskin and ExxonMobil Guyana Country Manager, Rod Henson were...
News

Business Ministry to take lead on development of local content policy framework

OilNOW -
Guyana’s Ministry of Business has been tasked with spearheading the development of the country’s local content policy framework, now slated to be finalized and completed by the end of April. This was disclosed by the South American country’s Minister of...
News

Final draft local content policy framework document with Guyana authorities

OilNOW -
The final draft document outing Guyana’s local content policy framework has been handed over to authorities and an implementation plan is expected to be crafted soon. Author of the document and Policy Advisor to Guyana’s Natural Resources Ministry, Regional Energy...
Industry Insight

Canadian consultant urges strong local content regime for Guyana

OilNOW -
This column will be devoted to the subject of Local Benefits and how this can be best achieved in Guyana.  This topic has received extensive coverage, both in OilNOW and in the local Guyana press. I have been following the...
News

Brazil’s Temer relaxes stringent local content requirements

OilNOW -
The Government of the Federation of Brazil has yielded to demands for higher minimum percentages as they edge closer to an industry-wide local content policy. Brazil in recent years has become known for its stringent local content requirements; some of...
News

Private sector officials say making local content too prescriptive can hurt industry

OilNOW -
As discussions continue on the nature and type of local content mechanism Guyana should adopt in order to ensure businesses in the South American country benefit from oil and gas opportunities, some private sector officials are signaling that stringent...
News

Restrictive local content measures can hurt oil companies – British High Commissioner

OilNOW -
British High Commissioner to Guyana, Greg Quinn, believes careful consideration must be given to the establishment of guidelines for the use of local content in the oil & gas industry since measures which are too restrictive can serve to...
News

Local content expert back in Guyana for discussions; policy expected by year-end

OilNOW -
Advisor on Guyana’s Local Content Policy Framework and UNDP expert, Anthony Paul, is back in the South American country for another round of consultations as work continues on the document that would serve to guide how companies operate in...
News

Foreign companies bidding for contracts in Guyana with no local content input – GCCI

OilNOW -
President of the Georgetown Chamber of Commerce and Industry (GCCI), Deodat Indar, says a number of foreign companies have been registering in Guyana and bidding for contracts with no input from the local business community. He told reporters at a...
News

Liza Destiny has potential for significant long-term local content – Exxon Country Manager

OilNOW -
Operations of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel will potentially provide the highest sustainable long-term employment opportunities for Guyanese over the lifetime of the project. ExxonMobil, through its contractor; SBM Offshore, is in fact targeting a...
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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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