spot_img

Local Content

News

Guyanese firms needed to support Gas-to-Energy project

OilNOW -
LNDCH4 has commenced the initial phase of its vendor and supplier identification in Guyana, with a view of developing a register of Guyanese firms to provide goods and services.  The joint venture of Lindsayca and CH4 has a tremendous task...
News

EOI out for MODEC mooring services 

OilNOW -
Builder of Guyana’s fifth production vessel – Mitsui Ocean Development & Engineering Company Inc. (MODEC) – is seeking Guyanese firms that can provide offshore installation of mooring equipment.  MODEC in a public Expression of Interest (EOI) said it is looking...
News

Unlock Your Potential: Blue Water Shipping extends training to Guyanese nationals

OilNOW -
The logistics and supply chain management industry is becoming an increasingly important facet in Guyana’s oil and gas industry. And Blue Water Shipping is ensuring that Guyanese get the best training to provide A-class services locally through its extensive...
News

Guyana certifies major oil companies local content compliant after successful 2022

OilNOW -
TechnipFMC, Halliburton, Baker Hughes, Saipem, and ExxonMobil have received approvals for their 2023 Local Content Annual Plans.  The event, held May 15, saw the presence of the Minister of Natural Resources, Vickram Bharrat, along with key representatives from the aforementioned...
News

Some Guyanese complaining about denied opportunities, despite local content law – Official

OilNOW -
Guyana's Attorney General, Anil Nandlall, recently announced the initiation of a comprehensive review of the local content framework. This move comes, he said, amid complaints that some locals are still being disenfranchised. The AG made the disclosure on his show...
News

Exxon local workforce grows as Guyana investments skyrocket

OilNOW -
ExxonMobil Guyana and its contractors have demonstrated strong achievement on the local content front, investing over GY$80 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. Since the initial discovery in 2015, their total expenditure with...
News

Big contract opportunities for Guyanese with VEHSI

OilNOW -
Vreed-en-Hoop Shorebase Inc. (VEHSI) is inviting locally registered suppliers to provide 91 services in support of its operations. The Expression of Interest (EOI) submissions are due by May 29, 2023. VEHSI is a joint venture between NRG Holdings Inc., a...
News

Guyanese will be able to cash in on Exxon’s US$12.7 billion Uaru Project

OilNOW -
Guyanese authorities have required ExxonMobil Guyana to provide a list of the local content opportunities that will be available at its newly approved Uaru Project. This is outlined in the Petroleum Production Licence for the project. The document states that...
News

Local Content proving itself as tool to combat Dutch Disease in Guyana

OilNOW -
Local Content accounted for 5% of Guyana's economy in 2022, marking a milestone for the country's efforts towards economic diversification and combatting the dreaded Dutch Disease. The Local Content Act of Guyana, which mandates the procurement of goods and...
News

Guyanese company, Farfan and Mendes, acquires DNV certification

OilNOW -
Farfan and Mendes Limited, Hose and Rigging Division has achieved DNV type approval certification for the manufacture and repair of wire rope slings for cargo-carrying units manufactured to the DNV 2.7-1 standard.  “The certification recognises the division's commitment to providing...
1...101112...24Page 11 of 24

Latest News

NewsOilNOW -

More drilling activities planned for Ranger-1 – Exxon

ExxonMobil is preparing to undertake more drilling activities at its Ranger-1 discovery in the Stabroek Block in 2025, according...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks