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Exxon’s latest RFI’s for customs, transportation, vessel management services to attract high levels of local content

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has issued three Requests for Information (RFIs) seeking to identify suppliers who can provide customs brokerage, cargo management and inbound transportation services. Importantly, the Local Content legislation calls for high levels of Guyanese participation...

‘People cannot fall out of the sky and claim benefits as Guyanese’ – Bharrat

Vowing to put systems in place to prevent what he called ‘fronting’ and ‘renting’ of citizens, Minister of Natural Resources, Vickram Bharrat, rebuked the practices as unfair to Guyanese who have stayed and worked in Guyana to make the country...

TT business group distances self from director’s comment on Guyana local content law

On the heels of comments from Trinidadian business strategist Jaishima Leladharsingh, who criticised Guyana’s local content law, the business group he directs, the Trinidad and Tobago Coalition of Services Industries (TTCSI), has distanced itself from the assertions. In a statement to the...

City Chamber says ‘rent-a-citizen’ tactics run counter to local content law

The Georgetown Chamber of Commerce and Industry (GCCI) says disapproves "rent-a-citizen" and "fronting" tactics potentially being used by companies operating in Guyana's oil and gas sector, because such tactics run counter to the spirit of Guyana's local content legislation.  In...

Business group says it fully supports ‘strong action’ against companies skirting local content law

Guyana’s Private Sector Commission said on Wednesday that it supports the government taking “strong action” against companies trying to circumvent the Local Content Act. The Act was passed in December, and contains provisions aimed at increasing Guyanese participation in the oil...

Petronas spuds first well offshore Suriname

Malaysian oil and gas company Petronas has spudded its first well - Sloanea-1 - offshore Suriname at Block 52 where it has farm-down 50% of its interest to US oil major ExxonMobil. Denmark-based drilling rig operator Maersk Drilling is carrying out...

Suriname deepwater becoming more attractive as Guyana remains stuck in political conflict

The people of Suriname went to the polls on May 25 and a new President is now in place with a pledge to “reconstruct” the country’s natural resources. No doubt, the newly discovered petroleum resources will be a priority...

Noble Don Taylor sails into Stabroek Block

The drillship Noble Don Taylor has arrived offshore Guyana to begin a one-year contract for drill campaigns at the Stabroek Block, operated by US oil major ExxonMobil, with co-venturers Hess and China’s CNOOC. The Noble Don Taylor brings the total number...

Rowan Jack up rig arrives for Repsol drill campaign at Kanuku Block

The Rowan/Valaris EXL II jack up rig has arrived in Guyana’s waters in preparation for drilling in the offshore Kanuku Block for Repsol, following its drilling campaigns in Trinidad over the past few years for petroleum giant BP. Services company...

16 more Guyanese undergo training for offshore jobs

Sixteen more Guyanese are undergoing training for job opportunities offshore, this time as part of the Edison Chouest supply vessel fleet. Manpower provider, El Dorado Offshore in collaboration with Ramps Logistics of Trinidad & Tobago, has been playing an integral...

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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...