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Guyana’s President announces key appointments to advisory panel on Local Content

Guyana’s President, Dr. Mohamed Irfaan Ali, today, announced key appointments to Guyana’s Local Content Panel, which is expected to conduct expansive consultation and review and devise recommendations that will inform the country’s Local Content Policy.  “I strongly believe that Guyanese...

Business groups welcome Guyana government’s stance on local content

The Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) said on Saturday the position of the new administration on local content development in the oil and gas sector is welcomed. Vice President, Bharrat...

Maximising local content, developing Guyanese workforce are top priorities – SBM Offshore

SBM Offshore says it remains committed to building the capacity of its Guyanese workforce as part of plans to become fully integrated in the South American country. These objectives were emphasised at the second annual Guyana International Petroleum Exhibition (GIPEX),...

Bourbon Offshore opens office in Guyana; aims to ‘maximize local content’

Marine Services provider; Bourbon Offshore, has opened an office in Guyana - South America’s newest oil and gas frontier. The French-based company, with operations in more than 40 countries around the world, provides marine and logistics as well as...

TechnipFMC awarded subsea contract for ExxonMobil Liza Phase 2 Project; commits to boosting local content

TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and subject to requisite government approvals,...

Reps hail Total’s Egina FPSO on local content

(PM News) The Chairman, House of Representatives Committee on Local Content has described the Egina Floating Production Storage and Offloading (FPSO) of Total Upstream Nig. Ltd. as a pride for Nigeria. The Committee Chairman, Mr Emmanuel Ekon, made commendation during...

Guyana gov’t commends ExxonMobil on commitment to local content

Guyana’s Ministry of Natural Resources on Friday commended ExxonMobil affliate Esso Exploration and Production Guyana Limited (EEPGL) and its partners HESS and CNOOC Nexen for their commitment to implementing the local content obligations embedded in its Petroleum Agreement with...

PSC decries ‘lack of local content’ in ExxonMobil agreement

In wake of the release of the ExxonMobil contract on December 28, 2017, the Private Sector Commission (PSC) has decried what it describes as a paucity of benefits for the business community and hopes that this can be addressed...

Berbice businesses talk local content

As stakeholder engagements on Guyana’s draft Local Content Policy Framework continue around the South American country, members of the Chambers of Commerce of Berbice got an opportunity to voice their concerns to author of the document, Trinidadian consultant Anthony...

GCCI looking to play key role in helping ExxonMobil business centre push local content

The Georgetown Chamber of Commerce and Industry (GCCI) is looking to work closely with ExxonMobil’s Centre for Local Business Development (CLBD) in Guyana, as part of its push to build capacity across the private sector for the oil and...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...