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Local Content

Local Content Summit returns in April to ‘Create Value, Drive Expansion’

Following the success of the inaugural Local Content Summit in 2023, the 2024 Summit is set to take place on April 16, 2024, at the prestigious Pegasus Suites and Corporate Centre. With the theme “Creating Value. Driving Economic Expansion,”...

Stabroek Block co-venturers expand training to more technical institutes

The Greater Guyana Initiative (GGI), in partnership with the Ministry of Education, Council for Technical and Vocational Education Training (C-TVET), and LearnCorp International, has launched Phase II of its technical and vocational training program across Guyana.  Building upon the success...

Guyanese firms among bidders to audit Exxon’s 2021-2023 Stabroek Block expenses

Guyana’s National Procurement and Tender Administration Board (NPTAB) recorded three bids for the provision of consulting services to verify Stabroek Block expenses. Specifically, the services include a cost recovery audit and validation of the Government of Guyana’s profit oil...

Halliburton launches STEM program to capture Guyanese talent

Halliburton announced the initiation of the Development Excellence Engineer Program (DEEP) in Guyana for the year 2024. The program aims to engage students in their final semester, and recent graduates in science, technology, engineering, and mathematics (STEM) fields, offering...

SBM Offshore Guyana in search of more trainee technicians 

SBM Offshore Guyana is paving the way for aspiring technicians by launching its Trainee Technician Programme for 2024. The initiative aims to cultivate a new generation of skilled professionals adept in safety protocols and technical competencies crucial for maintenance...

Former T&T energy minister runs poll on local content law; none in place 116 years after ‘first oil’

Trinidad and Tobago's (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine recently conducted a poll via LinkedIn to ascertain whether the twin-island Republic should legislate its local content requirements.  78% of the votes were in the affirmative.  The first...

Guyana well positioned to tackle local content in some unique ways – WoodMac analyst

Guyana's efforts to date in promoting local content development in its oil and gas sector earned commendation from industry experts at the Guyana Energy Conference and Supply Chain Expo. Mark Oberstoetter, Head of Upstream Americas (non-L48) Research at Wood Mackenzie...

SBM Offshore’s footprint in Guyana growing larger; 51 new vendors added in 2023

Fifty-one Guyanese companies were added to SBM Offshore Guyana’s vendor database in 2023, according to Garri Fraser, the company’s Local Content Officer.  Fraser gave insight on SBM Offshore’s local content strides, during the company’s 'Let’s Talk Local Content’ Seminar, held...

Energy conference set to wrap up with major local content seminar by SBM Offshore Guyana

SBM Offshore Guyana is set to host a ‘Let’s Talk Local Content’ seminar today at the Guyana Energy Conference and Supply Chain Expo, in Georgetown. The seminar, scheduled for 13:00hrs in the main ballroom of the Guyana Marriott Hotel, presents...

US$13 million FPSO facility simulator commissioned, boosting O&G training in Guyana

Eight months after the sod was turned at Port Mourant, Berbice, Guyana's Technical Training College Institute Inc. is finally a reality.  The first phase of the state-of-the-art facility was commissioned on Feb 9 - an initiative largely led by SBM...

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‘Guyana Brand’ now more powerful than ever – Ali

In his address at the opening of the April 16 Local Content Summit in Georgetown, President of Guyana, Dr....