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Clear realistic local content policy helpful to investors -Greg Quinn

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With local content legislation now being conceptualized in Guyana, outgoing British High Commissioner, Greg Quinn, has said that a clear and realistic...

Push for rigorous training, establishment of joint ventures to build local...

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Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil...

Business groups welcome Guyana government’s stance on local content

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The Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) said on Saturday the position of the new...

Business leader wants equal pay for equal work in Guyana’s emerging...

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A private sector executive in the South American country of Guyana is calling for equal pay for equal work in the nation's emerging oil...

Value-addition and human capital creation for economic growth: key elements of...

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Local Content Policies (LPCs) are part of a broader category of policies known as Productive Development Policies (PDPs) or Industrial Policies (IPs), which, in...

Local content framework in Guyana to be in place “long before...

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“We are confident that there will be a Local Content framework long before first oil.” This assurance was given by Director of the Department...

Guyana signed MoUs before and there was no apocalypse – Foreign...

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Guyana’s Minister of Foreign Affairs, Carl Greenidge, said the Memorandum of Understanding to be signed between Guyana and its Trinidadian counterpart later this month...

Amendments to Companies Act needed to ensure those benefiting from O&G...

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Amendments may have to be made to sections of Guyana’s Companies Act to ensure that businesses registered to operate in the South American country...

Poor local content provisions can lead to corruption, conflict

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A study on local content provisions in developing countries has made a nexus between poorly drafted or implemented local content policies, laws...

Guyana businesses want local content legislation – GCCI President

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President of the Georgetown Chamber of Commerce and Industry, Deodat Indar, says that the business community in the South American country would like to...