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Guyana’s local content app to be launched on Friday at major SBM Offshore supplier event 

OilNOW -
Guyana’s Local Content Secretariat (LCS) will launch its App on Friday, Feb 21, at SBM Offshore Guyana's Let's Talk Local Content forum. The event will cap off an exciting week of engagement on oil and gas activities at the...
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SBM Offshore looking at early start for local capacity development in Suriname  

Shikema Dey -
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...
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SBM Offshore Guyana seeking next cohort of graduate engineers for its trainee program

OilNOW -
SBM Offshore Guyana is once again searching for Guyanese talent in the engineering field as it kicks off its Graduate Trainee program.  According to a notice published on its Facebook page, SBM Offshore Guyana said the opportunity is designed to...
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UWI Law Dean warns against insufficient local content laws

OilNOW -
Dr. Alicia Roberts, Dean of the Faculty of Law at the University of the West Indies St. Augustine, cautions that poorly formed local content laws or policies can create major inefficiencies and delays in the oil and gas sector.  At...
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SLB seeks suppliers for inspection and testing services in Guyana

OilNOW -
SLB, a global leader in energy technology, has issued a request for information (RFI) to identify qualified suppliers for inspection and testing services in Guyana. The company is seeking providers capable of conducting visual inspections, connection inspections, liquid penetration inspections,...
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Local Content Register tops 1,100 companies, US$743M spent in 2024 

OilNOW -
Guyana’s Finance Minister, Dr. Ashni Singh, revealed during the 2025 budget presentation last week that the Local Content Register now includes over 1,100 companies.  Dr. Singh reported...
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SBM Offshore seeks local suppliers for coverall production

OilNOW -
Guyana Deep Water Operations Incorporated (GDO), the local affiliate of SBM Offshore, has issued a Request for Information (RFI) to identify Guyanese manufacturers capable of supplying construction-grade coveralls. The company aims to engage local suppliers to meet its operational needs...
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TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

OilNOW -
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...
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Brazil enacts law enabling flexible local content policies in oil and gas

OilNOW -
The Brazilian government has enacted Law 15,075/2024, introducing significant changes to the regulation of local content and production sharing agreements in the oil and gas sector. Effective December 26, 2024, the law aims to boost investments and optimize the...
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Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

OilNOW -
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...
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Enough money saved in oil fund to clear Guyana’s external debt – Finance Minister

Guyana’s Natural Resource Fund (NRF) has accumulated enough money to pay off the country’s external debt in full, Senior...

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.

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