spot_img

Local Content

News

Tenaris grants Roberto Rocca Education Program Scholarships to four Guyanese students

OilNOW -
Tenaris, a supplier of steel tubes and related services for the energy industry, has awarded four Guyanese students with the Roberto Rocca Education Program scholarships. The scholarship recognises the students' outstanding academic achievements and aims to foster technical education...
News

Guyanese marine player acquires majority stake in Bourbon joint venture 

OilNOW -
French offshore vessel player Bourbon said on Monday that Guyanese company Tethys Marine & Logistics, is now a 51% shareholder of the Bourbon Guyana Joint Venture. It said Guyanese now represent 75% of its directorship. A Guyanese company is defined...
News

Eight Guyanese engineers complete training for placement on massive Prosperity FPSO

OilNOW -
SBM Offshore Guyana said eight Guyanese engineers officially completed its Graduate Engineers’ Programme. A graduation ceremony was held for the engineers, who make up the first cohort to benefit from this training, on March 31.   The programme provided international...
News

Everyone, but the banks, is betting on you – Tucker tells Guyana Local Content Summit

OilNOW -
Immediate past President of a key business group in Guyana - the Georgetown Chamber of Commerce and Industry - Timothy Tucker, says everyone, except the commercial banks, is betting on the new oil producing South American country. This is...
News

‘We are here to listen’ – Jagdeo to Guyana’s inaugural Local Content Summit

OilNOW -
"We are here to listen," Vice President Dr. Bharrat Jagdeo said as keynote speaker for the opening of Guyana's first ever Local Content Summit, Tuesday at the Pegasus Corporate Centre. The summit comes as the government is gearing up to...
News

Ministry, CNOOC team up to fund petroleum studies for Guyanese in China

OilNOW -
Guyana’s Ministry of Natural Resources and CNOOC Petroleum Guyana Limited is offering a limited number of scholarships in China at the Bachelor’s Degree level for the next academic year (2023/2024).  The scholars, to receive instruction in geoscience and petroleum engineering,...
News

Kester Hutson elected new GCCI President, says Local Content push remains high on agenda 

OilNOW -
A key Guyana business group, the Georgetown Chamber of Commerce and Industry (GCCI), has elected businessman Kester Hutson as its new President, ending the two-term presidency of Timothy Tucker.  Fresh off his election, Hutson in a comment to...
News

Update to Local Content Act could bring in US$350 million more annually – Dr. Pertab

OilNOW -
Director of Guyana’s Local Content Secretariat, Dr. Martin Pertab, said that a new update to the Local Content Act’s first schedule could bring in US$300-350 million annually. Presently, 40 categories are subject to a legal mandate for contractors to utilise...
News

Over 25 new services identified by private sector for update of Guyana’s local content law

OilNOW -
Guyana's Private Sector Commission (PSC) has identified 25 additional categories that could be included in the country's Local Content Act, said President of the Georgetown Chamber of Commerce and Industry, Timothy Tucker. He told OilNOW in an exclusive interview...
News

Major local content summit confirmed for April in Guyana

OilNOW -
MBW Energy Support Services Inc. (MBWESSI) announced over the weekend Guyana’s first Local Content Summit, to be held on April 4, 2023, hosted in partnership with the Local Content Secretariat through the Ministry of Natural Resources. Held under the...
1...111213...24Page 12 of 24

Latest News

NewsOilNOW -

Trinidad Energy Minister Young to assume PM role as Rowley bows out

Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister....

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