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Guyana urgently seeks maritime talent ahead of 2026 hiring boom – former Local Content Director 

Guyana’s offshore sector is bracing for a major hiring surge in 2026, but the supply of certified local maritime workers is falling short of demand. This is according to Dr. Martin Pertab, who until recently headed Guyana’s Local Content...

Oil and Gas Minister Brunings: Local content key to Suriname’s oil and gas future

PARAMARIBO, SURINAME – Stakeholders from across Suriname’s oil and gas sector gathered on September 24 at the Assuria Event Center for a masterclass, 'Navigating the Local Content Regulations for Oil and Gas in Suriname'. The event, organized by Shyamnarain Associates...

Guyana’s Local Content Secretariat changes leadership

Michael Munroe has been appointed to succeed Dr. Martin Pertab as Director of Guyana’s Local Content Secretariat. Pertab has now taken up the post of Chief Executive Officer at the country’s Central Housing and Planning Authority (CH&PA). Pertab, who was...

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr. Martin Pertab. In an interview with OilNOW, Dr. Pertab disclosed that the Secretariat has registered 1,315...

Guyana’s local content spend hits US$350M in six months 

Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million in the first half of 2025. Dr. Martin Pertab, Director of the Local Content Secretariat, confirmed...

Analyst expects stricter local content rules, differences on how to manage oil revenues with new Suriname government

Suriname’s new coalition government could face internal divisions over how to manage future oil revenues, an international analysis report predicted. This comes after the selection of Jennifer Geerlings-Simons as President, last July 6.  In a country risk report seen by...

Local content policies in oil-producing countries: a comparative look with focus on Suriname

PARAMARIBO, SURINAME - Local content policies are increasingly used by oil-producing nations to ensure that petroleum extraction generates long-term economic benefits for local populations. These policies typically require international oil companies to prioritize hiring national workers, sourcing goods and...

TotalEnergies pushes local content drive with key findings from Suriname Industrial Baseline Study 

TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...

Saipem targets local content growth in logistics, fabrication for Suriname oil project

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...

Staatsolie Director warns against overregulating local content ahead of GranMorgu development

PARAMARIBO, SURINAME - As Suriname prepares for the GranMorgu oil development, Vandana Gangaram Panday, Director at Staatsolie Hydrocarbon Institute, cautioned against overregulating local content. Speaking on day four at the Suriname Energy, Oil and Gas Summit, Panday acknowledged the ongoing...

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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...