Local Content

As part of a wider effort to bolster the capabilities of Surinamese businesses, Chevron and Staatsolie are set to host a Supplier Development Program later this month. This initiative follows the successful 2023 Blue Wave Supplier Development Program launch,...

The need for engineers in Guyana’s booming oil industry has led to students from the country’s premier university being absorbed by companies even before they graduate.  Vice Chancellor (VC) of the institution, Dr. Paloma Mohamed shared in a recent discussion...

Audun Martinsen, Head of Supply Chain Research at Rystad Energy, predicts heightened reliance on local content requirements within the oil and gas sector amidst mounting supply chain concerns for 2024. Martinsen highlighted the increasing focus on re-shoring services and...

ExxonMobil Guyana Limited (EMGL) is actively searching for warehouse facilities in strategic locations across Guyana to improve its operational capacity and logistics network.  The company has identified various areas, including: Georgetown: EMGL views the capital as vital for its logistical operations...

Falcon Logistics Inc., an affiliate of Blue Water Shipping, an international provider of project logistics and freight forwarding services, has announced the signing of three 3-year contracts with ExxonMobil Guyana.  The contracts cover vessel agency and wharfage operations, customs clearance,...

Guyana’s President, Dr. Irfaan Ali, recently disclosed his interest in bringing closer to these shores some 2000 jobs the ExxonMobil-led consortium in the Stabroek Block contracts overseas. The Head of State believes giving these jobs to locals could lead...

Plympton Farms achieved a milestone under the Green Farms Initiative, inaugurating a three-acre greenhouse at Dora along the Linden Highway on November 24. The ceremony marked the culmination of a pivotal stage in a tripartite collaboration between SBM Offshore...

Guyana faces a critical obstacle hindering the participation of local businesses in the country's local content development initiatives - the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation's...

ExxonMobil Guyana Limited (EMGL) is gearing up to engage suppliers for the provision of another set of onshore and offshore services as part of its operations in the Stabroek license area. According to public requests for information (RFIs), the company...

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,...