Local Content

Communities to be consulted in Guyana on new local content opportunities

The Guyana government will conduct a six-month consultation to identify additional goods and services that Guyanese businesses can supply to the oil and gas sector and related industries. Senior Petroleum Coordinator at Guyana’s Ministry of Natural Resources Bobby Gossai said...

SBM Offshore opens contracting opportunities for 3D survey and mechanical works

SBM Offshore has opened a request for information (RFI) for companies capable of providing 3D survey, piping fabrication, installation and mechanical services for its offshore operations in Guyana. The contracting opportunity was published on August 7 by the Centre for...

ExxonMobil Guyana opens contract for crude sales data analysis 

ExxonMobil is seeking companies to provide crude oil sales data analysis services as the operator continues to manage an expanding portfolio of crude grades from Guyana’s Stabroek Block. The opportunity was published on August 7 by the Centre for Local...

New Development Bank could serve as a tool to prepare Guyanese businesses to replace foreign contractors, says New Hayven Merchant Bank Chairman

Guyana’s upcoming Development Bank could become an important tool in preparing local businesses to compete for larger opportunities and eventually take on roles currently held by foreign contractors, according to Floyd Haynes, Founder and Chairman of New Hayven Merchant...

Building a world-class Guyanese workforce starts with technical expertise, says ExxonMobil Technical Training Manager

ExxonMobil Guyana Technical Training Manager Jewel Collier-Swan said building a world-class Guyanese workforce will depend on developing technical expertise and ensuring local talent can progress within the energy sector. During her address at the launch of MODEC’s development programs on...

Suriname plans data-driven local content strategy for offshore oil growth

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...

The next generation of oil jobs in Guyana may be increasingly digital 

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,...

Structure matters more than experience in attracting oil and gas partners, GCCI President tells Guyanese businesses

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...

More FPSOs mean long-term demand for industrial waste management

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...

Guyana Development Bank could open doors for new energy service businesses

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...

Latest News

Guyana “may have” already surpassed first billion barrels of oil produced – Routledge

Guyana may have already produced more than one billion barrels of oil since offshore production began in December 2019,...