Local content spend is estimated at US$720 million in 2023, reflecting the capabilities of the private sector and adherence to the Local Content Act, legislated at the end of 2021. Dr. Martin Pertab, Director of the Local Content Secretariat,...
President of Guyana, Dr. Mohamed Irfaan Ali, announced Monday, October 30, that a local content development fund will be established as a means of helping businesses to find start-up capital to compete in industries, such as the oil and...
Local suppliers once again have an opportunity to provide a wide range of services to SBM Offshore Guyana, as the company prepares to bring its third oil production vessel online in the South American country.
In its search for these services,...
New half-year local content data from ExxonMobil Guyana Limited (EMGL) indicate that 1,300 Guyanese women are supporting the company's operations both on and offshore, in the South American country.
EMGL said that Guyanese represent 69% of its overall workforce.
A total...
By next year, the Guyana Technical Training College Incorporated (GTTCI) will commence operations, as the first half is slated for completion this quarter. This is according to ExxonMobil Guyana President, Alistair Routledge.
“...we will see, by the beginning of next...
Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July.
The students are Venola Allen from Warapoka Village, Region One, and...
Staatsolie, the state-owned oil company of Suriname, could participate with up to 20% in the development of the inaugural field development within Block 58, the company announced.
The arrangement aligns with the model production sharing contract, wherein the Surinamese state...
The Environmental Protection Agency (EPA) has concluded that a study of the environmental and social impacts of the Guyana Technical Training College Incorporated (GTTCI) being constructed in Port Mourant, Corentyne, Berbice, is not necessary. The institution is set to...
Construction is underway at the Port Mourant Technical Training College in Berbice, Region 6. This highly-anticipated project is meant to train Guyanese to take up roles in the oil and gas and hospitality sectors.
Guyana’s Finance Minister, Dr. Ashni Singh...
In a significant milestone for the local workforce, twenty-four talented Guyanese have successfully completed the first phase of SBM Offshore Guyana's Trainee Technician Programme in Advanced Skills Training in Petroleum Operations.
The participants are now one step closer to obtaining...
