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Local Content: Start streamlining – Career guidance should be a necessary part of the education system

OilNOW -
By A. Bacchus The oil and gas industry will be here for at least twenty years. Local content has been one of the hot-button issues from the inception, and the need for locals to occupy this sector remains an objective...
Opinions

Local Content: Where are the jobs, you ask?

OilNOW -
By A. Bacchus I was sitting in a class recently when a colleague expressed in utter vexation, “they’re giving all the jobs to foreigners.” The conversation was delving into industries and the policymaking in Guyana, and like the new-norm, oil...
News

Guyana’s first local content institute to train over 1,000 persons per year

OilNOW -
Early next year, the Guyana government intends to establish its first National Training Institute that will focus on increasing the nation’s local content footprint in the oil sector. Noting this recently was Vice President, Dr. Bharrat Jagdeo. The former...
News

GCCI says ‘overwhelming’ number of infrastructure, other work being handled by foreign-owned companies

OilNOW -
Guyanese private sector body, the Georgetown Chamber of Commerce and Industry (GCCI) on Friday renewed its call for the government to table legislation covering local content but stressed for this to be done before the end of 2021. In a...
News

Big opportunities for farmers in Guyana’s oil and gas sector, supplies already going offshore

OilNOW -
The offshore exploration and production operations in Guyana have been creating growing opportunities for suppliers of goods and services, including those outside the oil and gas industry. In fact, since the first discovery in 2015 when it became apparent...
News

Establishing local content law is popular with citizens, but not always effective – AMI analyst

OilNOW -
An expert at Americas Market Intelligence (AMI) says oil firms operating in Guyana and government should meet regularly, in good faith, to discuss constraints facing the companies in the country and develop long-term targets and commitments that go beyond...
News

Clear realistic local content policy helpful to investors -Greg Quinn

OilNOW -
With local content legislation now being conceptualized in Guyana, outgoing British High Commissioner, Greg Quinn, has said that a clear and realistic policy will be most helpful to investors.  Speaking with OilNOW about immediate priorities for Guyana's oil and gas...
News

Push for rigorous training, establishment of joint ventures to build local content capacity – Consultant

OilNOW -
Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil and gas industry, which he thinks Guyana could learn from. This is what he had...
News

Business groups welcome Guyana government’s stance on local content

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) said on Saturday the position of the new administration on local content development in the oil and gas sector is welcomed. Vice President, Bharrat...
News

Business leader wants equal pay for equal work in Guyana’s emerging O&G sector

OilNOW -
A private sector executive in the South American country of Guyana is calling for equal pay for equal work in the nation's emerging oil and gas sector, regardless of nationality or gender orientation. Ramesh Persaud, who is the Chief Executive...
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Guyana, India to explore cooperation in hydrocarbons sector

Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed...

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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