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SBM Offshore Guyana seeking next cohort of graduate engineers for its trainee program

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SBM Offshore Guyana is once again searching for Guyanese talent in the engineering field as it kicks off its Graduate Trainee program.  According to a notice published on its Facebook page, SBM Offshore Guyana said the opportunity is designed to...
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UWI Law Dean warns against insufficient local content laws

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Dr. Alicia Roberts, Dean of the Faculty of Law at the University of the West Indies St. Augustine, cautions that poorly formed local content laws or policies can create major inefficiencies and delays in the oil and gas sector.  At...
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SLB seeks suppliers for inspection and testing services in Guyana

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SLB, a global leader in energy technology, has issued a request for information (RFI) to identify qualified suppliers for inspection and testing services in Guyana. The company is seeking providers capable of conducting visual inspections, connection inspections, liquid penetration inspections,...
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Local Content Register tops 1,100 companies, US$743M spent in 2024 

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Guyana’s Finance Minister, Dr. Ashni Singh, revealed during the 2025 budget presentation last week that the Local Content Register now includes over 1,100 companies.  Dr. Singh reported...
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SBM Offshore seeks local suppliers for coverall production

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Guyana Deep Water Operations Incorporated (GDO), the local affiliate of SBM Offshore, has issued a Request for Information (RFI) to identify Guyanese manufacturers capable of supplying construction-grade coveralls. The company aims to engage local suppliers to meet its operational needs...
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TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

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Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58, said TotalEnergies’ General Manager & Country Chair EP Suriname, Artur Nunes da Silva.  “45 sectors will...
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Brazil enacts law enabling flexible local content policies in oil and gas

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The Brazilian government has enacted Law 15,075/2024, introducing significant changes to the regulation of local content and production sharing agreements in the oil and gas sector. Effective December 26, 2024, the law aims to boost investments and optimize the...
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Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

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With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world. The company is hailing its first five years as a significant achievement underscoring the potential...
Stories Beyond the Barrel

Guyanese duo traveling to Singapore for return journey on ONE GUYANA FPSO

OilNOW -
Two Guyanese, Nevon Arno and Bevon Craig, are preparing to travel to Singapore to ready Newrest Guyana’s team for its journey on the ONE GUYANA floating production, storage and offloading (FPSO) vessel to the Stabroek Block. Nevon Arno, a...
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SBM Offshore Guyana completes 900 hours of vendor training in 2024

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SBM Offshore Guyana has achieved 900 hours of training with local vendors in 2024, as part of its commitment to enhancing operational standards among Guyanese businesses. Local Content Lead Garri Fraser disclosed the achievement during the company’s Vendor Day...
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Tariff threat puts new oil projects at risk – Wood Mackenzie analyst 

Dozens of new upstream oil and gas projects could be delayed if Trump-era tariffs are reintroduced, according to energy...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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