Local Content

Suriname plans to use workforce and industry data to build a local content strategy that prepares citizens and businesses for opportunities from the country’s expanding offshore oil sector. Minister of Oil, Gas and Environment Patrick Brunings said the government wants...

For years, the fastest route into Guyana's oil industry appeared to lead offshore. Today, another pathway is emerging. As ExxonMobil Guyana and major contractors, including SBM Offshore, Halliburton, SLB, and Guyana Shore Base Inc. (GYSBI), expand the use of artificial intelligence,...

Guyanese businesses seeking to enter the oil and gas supply chain do not need decades of industry experience to compete, but they must demonstrate that they have the systems, compliance standards, and business discipline required to work with international...

Every floating production, storage and offloading (FPSO) vessel deployed offshore does more than increase oil output. It also creates decades of work for companies that collect, transport, treat, recycle, and safely dispose of industrial waste generated throughout the life...

For Guyanese entrepreneurs, participation in the country’s oil and gas industry may not come directly from offshore operations, but from the network of businesses that support them. As production expands, local companies are finding opportunities to provide services needed...

Halliburton Guyana Incorporated is inviting local construction companies to bid for a project that will convert an existing wash bay into a climate-controlled workshop facility, creating another opportunity for Guyanese contractors to support oil and gas operations. The project, published...

Guyana's offshore oil industry depends on more than drilling rigs and floating production, storage and offloading (FPSO) vessels. It also relies on a growing maritime workforce that keeps people, equipment and supplies moving between shore and offshore operations. Since production...

Guyana's call for qualified nationals to earn the same salaries as expatriates performing comparable offshore jobs has received backing from the country's largest oil and gas employers, according to Natural Resources Minister Vickram Bharrat.  Bharrat said both ExxonMobil Guyana, SBM...

Businessman and former Georgetown Chamber of Commerce and Industry (GCCI) President Timothy Tucker has warned that Guyana’s efforts to broaden participation in the oil and gas sector through local content measures could be undermined by the continued re-bundling of...

Guyana’s oil production has surpassed 900,000 barrels per day, driven by output from the Stabroek Block developments operated by ExxonMobil Guyana and its co-venturers.  With the industry’s expansion, the notion that Guyanese must look overseas for oil and gas training...