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NetBenefit Software looking to extend local content tracking success to Guyana

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Guyana passed Local Content legislation a little over a year ago to ensure that its citizens get the most out of the petroleum resource – a whopping 11 billion barrels discovered in the Stabroek Block and counting. Now, NetBenefit Software...
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Young Guyanese cop training opportunity at Qualco HQ

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Ravindra Chuniram and Joshua Ramotar were two of the first Guyanese hired by Qualco Guyana to work at its Supply, East Bank Demerara training base as Roustabouts – an entry-level, broad-based skill-level oil and gas position. Both men are now...
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Noble offers full ride for four Guyanese at Massachusetts Maritime Academy

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Noble Corporation announced four fully paid scholarships for Guyanese students seeking a bachelor’s degree in Maritime Transportation or Maritime Engineering. Noble said it will cover room and board, books, and round-trip travel to Massachusetts Maritime Academy, a public university in...
Opinions

Navigating the Emerging Oil & Gas Economy for Guyana’s Indigenous Communities: Consultation, Challenges, and Opportunities

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By Sydney Allicock, Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW The Indigenous Peoples of Guyana, known locally as Amerindians, comprise nine distinct groups, each with their own unique culture and traditions, three in coastal areas and six in...
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Unrealistic local content standards for jobs is counterproductive – Professor Haar

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International Business Professor, Jerry Haar believes that having unattainable standards in Guyana’s Local Content Policy would be counterproductive.  Professor Haar alluded that the targets for the hiring of skilled Guyanese are unrealistic and should be revised if the country wants...
Opinions

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

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By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...
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Advancing development of local content at forefront of SBM Offshore’s milestones in 2022

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SBM Offshore said it had another successful year in Guyana in 2022. In a video published on its Facebook page, the company said it achieved major milestones including the start-up of the Liza Unity floating production storage and offloading...
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SBM Offshore Graduate Engineers: A beacon of inspiration to young Guyanese

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Paula Ceres and Tanisha Selby were among a group of seven Guyanese graduate engineers who gained hands-on training by SBM Offshore on the Prosperity floating production, storage and offloading (FPSO) vessel. Now, the young women aim to inspire young girls...
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Great opportunity for local content when new offshore blocks are awarded – business group

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The Guyana Manufacturing and Services Association (GMSA) is optimistic about the government’s recent announcement of a bid round for 14 blocks offshore Guyana. GMSA is the main advocacy body for local manufacturers and companies of related services and operates as a...
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SBM Offshore continues Guyana student outreach with Industrial Training Centre visit

OilNOW -
SBM Offshore is continuing its school outreach programme, this time, visiting the Guyana Industrial Training Centre in Georgetown. The company engaged with part-time and full-time students of the Guyana Industrial Training Center (GITC) to apprise them of its role in Guyana and the career choices...
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ExxonMobil taps MODEC for second Guyana FPSO as Hammerhead project advances

ExxonMobil has awarded a limited notice to proceed to Japanese offshore engineering firm MODEC for the development of a...

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.

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