Local Content

Natural Resources Minister, Vickram Bharrat, has informed the National Assembly that the government is awaiting a nominee from the political opposition to move ahead with the establishment of a Local Content Advisory Committee. His comment was a direct response to a...

SBM Offshore met with fourth and fifth form students at the Corentyne Comprehensive High School in Berbice last Friday to apprise them of the company’s role in Guyana’s oil sector, and the careers available in the industry. This is the...

Efforts by authorities in Guyana to establish a consortium of caterers for three of the nation’s floating production, storage and offloading (FPSO) vessels operating at the Stabroek Block could see between US$25 million and US$30 million being earned by...

Guyana’s Natural Resources Minister, Vickram Bharrat recently appealed to members of the business community to cease being a vessel for the “crab-in-a-barrel” mentality. This phrase describes a group of like-situated people who hurt each other in attempting to get...

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has issued three Requests for Information (RFIs) seeking to identify suppliers who can provide customs brokerage, cargo management and inbound transportation services. Importantly, the Local Content legislation calls for high levels of Guyanese participation...

For the first half of 2022, ExxonMobil Guyana and its contractors spent over US$127 million (GY$26.5 billion) on Guyanese suppliers The Stabroek Block operator has also confirmed with OilNOW that since announcing the first commercial discovery in 2015, over US$700 million was...

The Guyana Oil and Gas Energy Chamber (GOGEC) said it has successfully completed coaching over 1,000 students on the role they can play in the future development of the nation's oil resources. The last leg of training was hosted on Friday...

Ramps Logistics Guyana Chief Executive Officer (CEO), Shaun Rampersad has confirmed that following his company’s receipt of a Local Content Certificate, it was able to secure an extension of its contract with ExxonMobil affiliate, Esso Exploration and Production Guyana Limited...

Vowing to put systems in place to prevent what he called ‘fronting’ and ‘renting’ of citizens, Minister of Natural Resources, Vickram Bharrat, rebuked the practices as unfair to Guyanese who have stayed and worked in Guyana to make the country...

Having a Local Content Certificate not only demonstrates to regulators that you are a legitimate Guyanese company or joint venture in the oil and gas supply chain, but it also puts you in an advantageous position during the evaluation...