TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with the Local Content Secretariat and the Centre for Local Business Development in Guyana, Technip said.  Exxon’s...

Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route to Guyana to rejoin multi-billion barrel exploration campaign | OilNOW   “Stena Drilling has spent over US$85 million with local vendors and...

SBM Offshore is working to lay the foundation for capacity building and local content development in Suriname as it looks towards delivering the first FPSO for TotalEnergies' Gran Morgu project, set to begin production in 2028. Pierre Gaté, Country...

The 45-day timeline for Guyanese contractors to be paid by oil companies is still seen as too lengthy, so the government is looking to reduce this.  The payment timeline was initially 90 days; then it was reduced to 45 days...

Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58, said TotalEnergies’ General Manager & Country Chair EP Suriname, Artur Nunes da Silva.  “45 sectors will...

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world. The company is hailing its first five years as a significant achievement underscoring the potential...

Shell, McDermott, and Trinidad Offshore Fabricators Unlimited (TOFCO) hosted a ceremonial steel-cutting simulation this week at the TOFCO Yard, La Brea Industrial Estate. The event marked the start of local fabrication for the Manatee Project’s platform jacket, the largest...

SBM Offshore’s role in Guyana goes beyond oil production, as its community engagement projects aim to create long-lasting impacts on local economies. While known for its floating production storage and offloading units and offshore capabilities, the Dutch shipbuilder is...

At the recent Local Content Forum, Komal Singh, Chairman of the Private Sector Commission (PSC) of Guyana, highlighted the importance of ISO certification for local companies aiming to thrive in the nation’s expanding oil and gas sector. Singh emphasized...

Secure Innovations and Concepts Inc. (SI&C) plans to hire 75 locals as its operations expand in Guyana.  Its Chief Executive Officer (CEO), Harold Hopkinson, told OilNOW that SI&C's services encompass everything from managed security services for public and private clients...