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Local Content

Guyana’s Local Content Secretariat to launch digital portal and AI checks to speed up certification 

The Local Content Secretariat is moving to a digital system to cut certificate wait times and widen access in Guyana. Director Michael Munroe announced the plan on day two of a Business Development Forum hosted by the Georgetown Chamber...

Secretariat eyes 20 new areas for Guyana’s Local Content Act – Director 

The Local Content Secretariat has flagged more than 20 additional areas that could be added to the first schedule of Guyana’s Local Content Act. Director Michael Munroe made the disclosure on day two of the Georgetown Chamber of Commerce...

Small businesses must ‘keep up’ with Guyana’s rapid growth – GCCI President

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has urged small businesses to strengthen their systems, improve visibility, and embrace traceability as Guyana’s economy continues its rapid expansion.  She made the call at the opening of...

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat after the country’s maiden auction launched in 2022. The signing ceremony was held this morning...

Training surge marks new chapter for Suriname’s oil & gas workforce

Suriname's National oil company, Staatsolie Maatschappij Suriname N.V., (Staatsolie) ramped up investment in workforce development in 2024 as the country prepares for its first major offshore oil development.  The company’s latest sustainability report, published in early October, details a flagship...

SBM Offshore Guyana deepens local supplier collaboration through annual Vendor Day

Local suppliers in Guyana’s oil and gas industry were given an opportunity to strengthen their participation in the sector through SBM Offshore Guyana’s annual Vendor Day, held this week at the Pegasus Suites.  The event brought together more than 50...

Oil boom reshaping Guyana’s business landscape, says GCCI President

Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith says Guyana’s oil industry is transforming the way local enterprises operate, pushing small and medium businesses to scale up, form partnerships, and think globally. “I’m seeing them as the winners,”...

ExxonMobil seeks local insurer for Hammerhead-related exposures

ExxonMobil Guyana Limited has issued a Request for Information (RFI) to identify qualified suppliers to provide a Local Insurance Policy for the Hammerhead Construction All Risk (CAR) Insurance Package Program. The RFI seeks insurers who meet the requirements under section...

TechnipFMC and DOF to host supplier forums in Guyana as subsea demand grows

Two of ExxonMobil’s key subsea contractors — TechnipFMC and DOF Subsea — are set to host Supplier Engagement Forums in November as Guyana’s offshore oil industry continues to expand. Both events will take place at the Centre for Local...

SBM Offshore strengthens ties with Suriname community in Rotterdam

SBM Offshore hosted an interactive session with over 90 members of the Surinamese community in Rotterdam on October 16, underscoring its commitment to local engagement as Suriname advances toward its first offshore oil development at Block 58. In a press...

Latest News

Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey,...