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Amendments to Companies Act needed to ensure those benefiting from O&G are ‘local’ – GCCI President

Amendments may have to be made to sections of Guyana’s Companies Act to ensure that businesses registered to operate in the South American country have put adequate measures in place to be considered ‘local’, and in so doing, benefit...

US$14M spent on services from 227 local suppliers for Q1 2018 in Guyana

The Guyana government on Tuesday published a list of companies and individuals who are supplying goods and services in support of ExxonMobil operations in the South American country. The list of 227 local suppliers which ExxonMobil and its contractors have...

Early engagement, active gov’t role key to developing local capacity – NOIA

Representatives from a group of 25 Canadian organizations on a trade mission to Guyana held a session at the Umana Yana on Wednesday evening, in the country’s capital, Georgetown. Treasurer of the Newfoundland and Labrador Oil and Gas Industries...

More interest groups tour ExxonMobil Centre for Local Business Development

Members of the Guyana Oil and Gas Association (GOGA) were given a tour of ExxonMobil's Centre for Local Business Development (CLBD) on Wednesday, as part of a series of familiarization visits the Centre has organized for Guyanese interest groups. Giving...

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 to Singapore, Staatsolie Managing Director Annand Jagesar said during a GranMorgu information session in the Netherlands on April 21. “We will...

Nothing moves without clearance: MARAD coordinator Anastasia Jessemy-Lynch tracks every vessel in Guyana’s oil zone

Anastasia Jessemy-Lynch monitors vessel movements across Guyana’s offshore space from a small office in Kingston, Georgetown, ensuring that no ship approaches a floating production, storage and offloading (FPSO) vessel or enters the country’s exclusive economic zone (EEZ) without approval. Jessemy-Lynch,...

UG SPE student chapter shines at SLB’s inaugural PetroChallenge in Guyana

- Simulation exercise signals strong potential for the future energy workforce Three students from the University of Guyana (UG) student chapter of the Society of Petroleum Engineers (SPE) emerged as top performers at the country’s first-ever PetroChallenge, a high-intensity oil...

OTC Around the World Series to spotlight Guyana’s policy and execution agenda on May 5

Guyana will be a key feature of the Offshore Technology Conference’s Around the World Series on May 5, 2026, with two sessions in Houston set to examine the country’s policy direction, investment climate, local content framework, and wider development...

CEW 2026: Grenada targets Q4 2026 launch for oil exploration license bids

Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter...

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating Officer for the Caribbean, Okechukwu Ihejirika, told OilNOW at Caribbean Energy Week in Paramaribo. He pointed...

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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...