Showing results for:

Draft Local Content Policy

Draft Local Content Policy https://oilnow.gy/wp-content/uploads/2017/06/Guyana-Draft-Local-Content-Policy-for-the-Petroleum-Sector-1.pdf

Local content expert to work with Guyanese private sector

Business operators in Guyana eager to get involved in the country’s emerging oil and gas sector will soon benefit from the input of a local content specialist. OilNOW understands the Guyana government is hiring the expert based on the completion...

New regulatory body could oversee implementation of Guyana local content policy

A new regulatory body is being proposed by authorities in Guyana to oversee the implementation of a Local Content, Capacity Development and Value Addition Policy Framework.  The draft policy document, developed by the Ministry of Natural Resources, is currently...

Guyanese to be given first preference where capability exists – Draft Local Content Framework

The Guyana government says its goal is to enable international operators and services companies to identify local employees and suppliers from within Guyana and in the diaspora. Stakeholders in Guyana’s business community are continuing their review of a draft local...

Draft local content framework creates space for Guyanese businesses, entrepreneurs

As Guyana gears up to become an oil producing country, its government is putting systems in place to ensure local businesses and entrepreneurs are given a fair chance to compete and benefit from opportunities that will arise in the...

PPP/C outlines Energy Priorities: Gas-to-Energy, Local Content, post-oil planning

Maintaining Guyana’s “favorable” fiscal regime with no increase in royalties and bringing the Gas-to-Energy project online are among the energy sector focus areas on the cards for a People’s Progressive Party/Civic second-term government.  The party held a consultation on its...

Push local content, don’t forget about Suriname’s other sectors – Business Development CEO 

Paramaribo, Suriname - In an interview at the recent Suriname Energy Oil & Gas Summit, Ileana Ferber, Chief Executive Officer and founder of Colibri Business Development urged the South American nation to balance local content development alongside the growth...

Guyana Minister slams rent-a-citizen practices hindering local content

Deodat Indar, one of Guyana’s infrastructure ministers, passionately called upon members of the local private sector to steer clear of engaging in "rent-a-citizen" practices due to its detrimental impact on the government's dedicated efforts to foster local content growth...

Ramps drops claim for damages against Guyana, says it recognises significance of local content

Ramps Logistics (Guyana) Guyana dropped its claim for damages in the case it had brought before Guyana to secure its Local Content Certificate, which was initially refused.  Ramps Director, Shaun Rampersad, informed the government in a letter that it dropped...

Exxon’s latest RFI’s for customs, transportation, vessel management services to attract high levels of local content

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has issued three Requests for Information (RFIs) seeking to identify suppliers who can provide customs brokerage, cargo management and inbound transportation services. Importantly, the Local Content legislation calls for high levels of Guyanese participation...

Latest News

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...