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Local Content

Guyana can use regulations to address delayed payments to local companies – energy strategist

With the use of Local Content Regulations, the Guyana Government can outline provisions that dictate shorter payment timelines by oil companies, says Trinidadian Energy Strategist, Anthony Paul. During an interview on radio programme, Guyana’s Oil and You, Paul shared that...

Energy strategist urges Guyana to exercise caution in granting local content waivers

While Guyana’s Local Content legislation allows the subject minister to grant waivers to companies that encounter difficulties in meeting agreed targets for use of Guyanese goods and services, Energy Strategist, Anthony Paul says great care must be taken in the application...

T&T Energy Chamber develops new local content management system to track country’s progress

Trinidad and Tobago’s Energy Chamber recognised, back in 2017, that the country lacked a proper system to accurately report and analyse the local content delivery of industry players operating there. Upstream operator companies have an obligation to report to the Ministry...

30 contractors already registered on new local content opportunity portal

Guyana’s Local Content Secretariat (LCS) has created a new portal to help streamline opportunities for locals available in the country’s oil and gas industry. The portal carries a similar interface to the Local Content Registry of local companies. According to...

Exxon to meet with local suppliers on new opportunities in Guyana

ExxonMobil Guyana will be hosting a Request For Information (RFI) clarification meeting on August 9, 2022, at the Marriott Hotel in Georgetown. The company plans to put in place an agreement for the provision of Integrated Office Facility Management Services. The...

Chamber taps gov’t for easier access to financing, strengthening local content law

The Georgetown Chamber of Commerce and Industry (GCCI), led by President Timothy Tucker, met with Guyana’s Attorney General, Mohabir Anil Nandlall, Tuesday to discuss several legislative matters critical to the advancement of the businesses in Guyana. Of interest to companies...

Ramps in new bid for local company status

Ramps Logistics Guyana has made its second attempt at gaining local company status from Guyana’s Local Content Secretariat (LCS) with a new application. The company said that the new application to the Local Content Registry submitted on July 14, included...

Exxon seeking multiple suppliers in Guyana as operations expand

ExxonMobil is on the hunt for multiple suppliers for a host of local services as its oil and gas operations in Guyana’s offshore Stabroek Block rapidly expands. Its Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), plans to put...

US$100M to be invested in international oil and gas institute – Guyana President

Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...

Ramps says will meet Local Content Secretariat’s reasonable demands

Ramps Logistics says it will accede to document requests made by the Local Content Secretariat, in its bid to be placed on Guyana’s Local Content Register. It said this in a statement after receiving a letter from the Secretariat’s Director,...

Latest News

Guyana Energy Conference launches essay competition for high schoolers

The Guyana Energy Conference and Supply Chain Expo (GECSCE) has launched its first-ever essay competition, open to Guyanese students...