Showing results for:

News

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

OilNOW -
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

OilNOW -
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

OilNOW -
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

OilNOW -
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...
News

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...
1...222324...165Page 23 of 165

Latest News

NewsShikema Dey -

Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks