Showing results for:

News

Ali to headline Local Content Summit today  

OilNOW -
The Local Content Summit kicks off today with Guyana President, Dr. Irfaan Ali set to deliver the feature address at the event.  With a thematic focus on "Creating Value, Driving Economic Expansion," the Summit is designed to delve into critical...
News

Early look into next week’s Local Content Summit agenda

OilNOW -
The forthcoming Local Content Summit, slated for April 16, 2024, at the Pegasus Suites and Corporate Centre, is gearing up to be a watershed event in the discourse advancing Guyanese participation in the oil and gas sector. Under the...
News

Guyana local content head visits KOTUG state-of-the-art tug

OilNOW -
KOTUG Guyana, a local subsidiary of KOTUG International, on March 20 welcomed Dr. Martin Pertab, Director of the Local Content Secretariat (LCS), and his team aboard the SD Power, a state-of-the-art Offshore Terminal tug, at the Guyana Shore Base...
News

Local Content Summit returns in April to ‘Create Value, Drive Expansion’

OilNOW -
Following the success of the inaugural Local Content Summit in 2023, the 2024 Summit is set to take place on April 16, 2024, at the prestigious Pegasus Suites and Corporate Centre. With the theme “Creating Value. Driving Economic Expansion,”...
News

Former T&T energy minister runs poll on local content law; none in place 116 years after ‘first oil’

OilNOW -
Trinidad and Tobago's (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine recently conducted a poll via LinkedIn to ascertain whether the twin-island Republic should legislate its local content requirements.  78% of the votes were in the affirmative.  The first...
News

Guyana well positioned to tackle local content in some unique ways – WoodMac analyst

OilNOW -
Guyana's efforts to date in promoting local content development in its oil and gas sector earned commendation from industry experts at the Guyana Energy Conference and Supply Chain Expo. Mark Oberstoetter, Head of Upstream Americas (non-L48) Research at Wood Mackenzie...
News

Energy conference set to wrap up with major local content seminar by SBM Offshore Guyana

OilNOW -
SBM Offshore Guyana is set to host a ‘Let’s Talk Local Content’ seminar today at the Guyana Energy Conference and Supply Chain Expo, in Georgetown. The seminar, scheduled for 13:00hrs in the main ballroom of the Guyana Marriott Hotel, presents...
News

Increasing use of local content in global O&G supply chain anticipated for 2024 – Rystad official

OilNOW -
Audun Martinsen, Head of Supply Chain Research at Rystad Energy, predicts heightened reliance on local content requirements within the oil and gas sector amidst mounting supply chain concerns for 2024. Martinsen highlighted the increasing focus on re-shoring services and...
News

Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert 

OilNOW -
Guyana faces a critical obstacle hindering the participation of local businesses in the country's local content development initiatives - the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation's...
News

Guyana local content spend estimated at US$720 million in 2023

OilNOW -
Local content spend is estimated at US$720 million in 2023, reflecting the capabilities of the private sector and adherence to the Local Content Act, legislated at the end of 2021. Dr. Martin Pertab, Director of the Local Content Secretariat,...
1...345...157Page 4 of 157

Latest News

NewsOilNOW -

Guyana launches Global Student Exchange with EU & UG on health, oil and gas, engineering sectors

The European Chamber of Commerce Guyana (ECCG), in partnership with the European Union and the University of Guyana (UG),...

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