Local Content

“Get your house in order,” Timothy Tucker tells SMEs eyeing Guyana Development Bank financing

Small and medium-sized Enterprises (SMEs) hoping to access financing from the proposed Guyana Development Bank should begin preparing now by formalizing their operations, according to businessman and former Georgetown Chamber of Commerce and Industry (GCCI) President Timothy Tucker. Speaking on...

Suriname technical school to receive upgrades under TotalEnergies workforce program

Practicum Center Lelydorp, one of Suriname’s leading technical and vocational institutions, is set to receive facility and curriculum upgrades under the Suriname Capacity Program (SURICAP), a workforce development initiative tied to TotalEnergies EP Suriname’s Local Content strategy. The program is...

Suriname not ready for first oil, says participants at SEOGS 2026

PARAMARIBO, SURINAME — Suriname is still far from ready for the major developments that the oil and gas sector will bring starting in 2028. That critical warning was the focus of the well-attended panel discussions on local content at...

Letter to the Editor: Local content must also mean business discipline

Dear Editor, I read the report that more than 10,000 Guyanese have received training through the Centre for Local Business Development, and I think it raises an important point that many small businesses do not always like to admit. Getting access...

CLBD-backed businesses report annual revenue gains of up to 70%, survey finds

Businesses supported by Guyana’s Centre for Local Business Development (CLBD) through its AccelerateHer and ElevateAll programs have reported annual revenue growth of up to 70%, according to a post-program impact survey shared with OilNOW on June 29. The Centre said...

Supplier opportunity opens for testing and calibration aboard Liza Destiny, Unity and Prosperity FPSOs

Guyana Deep Water Operations Incorporated (GDO), a subsidiary of SBM Offshore, is seeking information from qualified suppliers in Guyana to support the testing, calibration and recertification of equipment used aboard three floating production, storage and offloading (FPSO) vessels operating...

SEOGS 2026 closes with Suriname’s offshore focus moving from promise to execution

PARAMARIBO, SURINAME - SEOGS 2026 closed in Paramaribo with a clear message: Suriname’s offshore opportunity is moving from promise to execution. Across four days of speeches, technical sessions, project updates, private sector engagements, and exhibition activity, the Suriname Energy, Oil...

CLBD builds stronger supplier base with oil and gas, business training for over 10,000 Guyanese

The Centre for Local Business Development (CLBD) has trained more than 10,000 Guyanese over the past five years as part of efforts to strengthen the country’s supplier base and improve competitiveness in the oil and gas sector. The Centre told...

More students gain access to STEM education through ExxonMobil-backed FACT program

The Family Awareness Consciousness Togetherness (FACT) after-school program for science, technology, engineering and mathematics (STEM) is expanding its reach in Guyana with continued support from ExxonMobil Guyana, providing hands-on science and engineering education to children in underserved communities.  According to...

CLBD says Guyana’s oil industry is drawing more women into business development programs

Guyana’s expanding oil and gas industry has contributed to a marked increase in women participating in business development, entrepreneurship and supplier readiness programs, according to the Centre for Local Business Development (CLBD). In a written response to OilNOW on June...

Latest News

Independent inquiry will determine responsibility for MV Barima tragedy –  Guyana PM

Prime Minister Mark Phillips said an independent commission of inquiry will determine responsibility for the MV Barima tragedy and...