Showing results for:

News

Local Content App being developed to bring “Guyanese closer to oil and gas contractors, licencees”

Shikema Dey -
Guyana’s Local Content Secretariat (LCS) is looking to develop an app to connect Guyanese contractors and licencees, said Director Dr. Martin Pertab on August 10.  Pertab, speaking at the Ghana-Guyana Local Content Conference explained that accessing information on opportunities in...
News

With renewed Local Content certification, Blue Water Shipping Guyana is focused on enhancing Guyanese capacity

OilNOW -
Enhancing Guyanese capacity remains at the forefront of Blue Water Shipping Guyana’s plans as the company received renewed approval for its Local Content Certification from the Local Content Secretariat. The green light for Blue Water's certification recognises the company's efforts...
News

Ghana Chamber of Commerce to lead Local Content Conference in Georgetown

OilNOW -
The Ghana Chamber of Commerce is gearing up to spearhead a pioneering two-day Ghana - Guyana Local Content Conference, scheduled to take place in Georgetown, Guyana, at the Marriott Hotel on Thursday, August 10. This event, a collaboration between the...
News

Guyana expects over 700 technical, skilled oil and gas hires this year – Local Content Secretariat

OilNOW -
According to figures released by Guyana’s Local Content Secretariat (LCS), for 2023, over 700 hires are expected for the country’s oil and gas sector. The hires range from the technical and skilled categories to Information Technology (IT) and Health.  A...
News

Guyanese suppliers being sought to craft local content framework for Exxon’s new FPSO builder

OilNOW -
MODEC’s local affiliate, MODEC Guyana Inc., is moving to craft its local content compliance strategy in line with legal requirements. The company is setting up shop in Guyana, after being hired to build and deliver the Errea Wittu floating...
News

TOTALTEC now 100% Guyanese, receives Local Content Certificate

OilNOW -
TOTALTEC Inc. has successfully transitioned to becoming a 100% Guyanese-owned company. CEO Lars Mangal recently announced this significant development, detailing the Guyanese founder’s acquisition of the entire share capital of TOTALTEC from its international, angel investors in May. This...
News

Uptick in local small- to medium-scale logistics, transportation businesses seen in second year of Local Content law

OilNOW -
Guyana’s Local Content Act - implemented in 2021 - has enabled significant investment in small and medium-scale logistics and transportation enterprises to service the expanding oil sector.  During a virtual discussion on investment opportunities in Guyana and Ghana, Senior Petroleum...
News

CNOOC, Tullow, SBM Offshore among 13 more with approved Local Content Plans

OilNOW -
Guyana's Ministry of Natural Resources announced on May 29 the approval of thirteen additional Local Content Annual Plans for the reporting year 2023. Approved plans detail the utilisation of Guyanese goods and services for the year in question. Vickram Bharrat,...
News

Guyana certifies major oil companies local content compliant after successful 2022

OilNOW -
TechnipFMC, Halliburton, Baker Hughes, Saipem, and ExxonMobil have received approvals for their 2023 Local Content Annual Plans.  The event, held May 15, saw the presence of the Minister of Natural Resources, Vickram Bharrat, along with key representatives from the aforementioned...
News

Some Guyanese complaining about denied opportunities, despite local content law – Official

OilNOW -
Guyana's Attorney General, Anil Nandlall, recently announced the initiation of a comprehensive review of the local content framework. This move comes, he said, amid complaints that some locals are still being disenfranchised. The AG made the disclosure on his show...
1...789...171Page 8 of 171

Latest News

NewsOilNOW -

Middle East tensions could lift Guyana’s oil revenues, but capacity risks remain – Orinoco Research

Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across...

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