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Ali says 45 days still too long for oil companies to pay contractors

Guyana President Dr. Mohamed Irfaan Ali believes that 45 days after receipt of a correct invoice is too long a wait period for oil companies to pay their contractors. The President discussed the matter at the Local Content Summit...

Scale of Guyana’s growth requires more investment bankers – Ali

The economic landscape of Guyana is shifting rapidly, driven by expanding sectors far beyond the notable oil and gas industry. President Dr. Mohamed Irfaan Ali has emphasized the need for a transformative approach in banking to keep pace with...

Ali to headline Local Content Summit today  

The Local Content Summit kicks off today with Guyana President, Dr. Irfaan Ali set to deliver the feature address at the event.  With a thematic focus on "Creating Value, Driving Economic Expansion," the Summit is designed to delve into critical...

Saipem to utilize additional Guyana facility for submarine work on massive Whiptail project

Italian multinational oilfield services company Saipem has received authorization from ExxonMobil Guyana Limited and its Stabroek Block coventurers to proceed with the execution of the giant Whiptail oilfield development project. Saipem said at the weekend that the authorization has been...

Early look into next week’s Local Content Summit agenda

The forthcoming Local Content Summit, slated for April 16, 2024, at the Pegasus Suites and Corporate Centre, is gearing up to be a watershed event in the discourse advancing Guyanese participation in the oil and gas sector. Under the...

CNOOC’s Petroleum Engineering, Geoscience scholarships back for Guyanese students

Guyana’s Ministry of Natural Resources and CNOOC Petroleum Guyana Limited are looking for the next cohort of students to take advantage of scholarship opportunities to study Geoscience and Petroleum Engineering in China.  According to a Ministry notice, the scholarships are...

Crafting success: Guarantee International Crating Inc.’s journey in Guyana’s oil and gas sector

Guarantee International Crating Inc. (GIC Inc.) emerged onto the scene of Guyana's oil and gas sector with a vision to provide reliable and compliant crating services tailored to the industry's stringent standards. Nickel Hazelwood, Operations Manager and one of...

Guyana local content head visits KOTUG state-of-the-art tug

KOTUG Guyana, a local subsidiary of KOTUG International, on March 20 welcomed Dr. Martin Pertab, Director of the Local Content Secretariat (LCS), and his team aboard the SD Power, a state-of-the-art Offshore Terminal tug, at the Guyana Shore Base...

Local Content Summit returns in April to ‘Create Value, Drive Expansion’

Following the success of the inaugural Local Content Summit in 2023, the 2024 Summit is set to take place on April 16, 2024, at the prestigious Pegasus Suites and Corporate Centre. With the theme “Creating Value. Driving Economic Expansion,”...

Stabroek Block co-venturers expand training to more technical institutes

The Greater Guyana Initiative (GGI), in partnership with the Ministry of Education, Council for Technical and Vocational Education Training (C-TVET), and LearnCorp International, has launched Phase II of its technical and vocational training program across Guyana.  Building upon the success...

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Ali says 45 days still too long for oil companies to pay contractors

Guyana President Dr. Mohamed Irfaan Ali believes that 45 days after receipt of a correct invoice is too long...