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MODEC spent US$3.4 million with Guyanese suppliers in 2024

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Japanese company MODEC reported in a press statement today that it spent US$3.4 million procuring goods and services from Guyanese suppliers last year. In addition to this expenditure, the company’s 2024 local content work included publishing 45 procurement opportunities, recruiting...
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TotalEnergies to launch portal to boost local content visibility for GranMorgu Development

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PARAMARIBO, SURINAME  - TotalEnergies will launch a new online portal to improve transparency and maximize local participation in its US$10.5 billion GranMorgu oil development. “Our goal is to make it transparent so everybody can apply,” Country General Manager, Arthur Nunes...
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SEOGS 2025 opens with focus on sustainability, local content and energy growth

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PARAMARIBO, SURINAME–The Suriname Energy, Oil & Gas Summit (SEOGS) 2025 officially opened Tuesday morning with a ribbon-cutting ceremony and remarks from President Chandrikapersad Santokhi. In his address, Santokhi reaffirmed Suriname’s commitment to transparency and inclusive growth in the energy...
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400 Guyanese supporting Noble’s offshore operations 

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Noble Corporation says it continues to prioritize the development of Guyanese talent as part of its offshore operations. According to its 2024 Sustainability Report, all offshore assets are staffed with Guyanese doctors. The company said it works with more than...
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The Future of Oil in Suriname: Insights from political parties ahead of Sunday’s polls 

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Paramaribo, Suriname - As Suriname approaches general elections on May 25, the nation’s burgeoning oil and gas sector stands at the forefront of political discourse. The development of offshore reserves, particularly the US$10.5 billion GranMorgu project in offshore Block 58...
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Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

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Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially launched last Tuesday at the Offshore Technology Conference (OTC) in Houston, Texas, one of the energy industry’s largest global events. Company...
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GAIMMS Guyana launches first welding and fabrication workshop to train locals for energy sector

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GAIMMS Guyana launched its first Welding and Fabrication Workshop aimed at equipping local apprentices with global-standard skills for the energy sector. The program combines classroom learning with hands-on industrial training. It is designed to mirror real-world practices used on major...
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Symmetry Group Inc. acquires majority stake in ISS Guyana advancing local content in Guyana’s oil & gas sector

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Symmetry Group Inc. (SGI) and Inchcape Shipping Services (ISS) today announced a strategic joint venture in Guyana, with SGI acquiring a 51% majority stake in ISS Guyana.  According to a statement from SGI, the partnership aligns with Guyana’s local content...
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Three-week certification target set for Guyana’s local content applicants

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The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...
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Halliburton launches 2025 recruitment for development excellence engineer program in Guyana

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Halliburton has announced the launch of its 2025 recruitment drive for the Development Excellence Engineer Program (DEEP) in Guyana. The global energy services provider is calling on final semester students and recent graduates from STEM fields to apply. The DEEP program...
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Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income,...

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