Local Content

Guyanese firms expanding O&G services into offshore vessels, aviation, oil block operations – PSC Chairman 

Chairman of Guyana’s Private Sector Commission (PSC), Captain Gerald Gouveia Jr. says local businesses are taking on bigger roles in the oil and gas sector, including offshore vessel operations, catering, aviation services, and oil block operations. Speaking with OilNOW this...

Guyana’s local content legislation spurring broader compliance beyond oil sector, minister says

Guyana’s local content legislation, originally crafted for the oil and gas industry, is influencing investor behaviour across other sectors of the economy, Natural Resources Minister Vickram Bharrat said on Tuesday, February 10. The Local Content Act, legislated at the end...

TotalEnergies EP Suriname to host oil and gas awareness session for local businesses

TotalEnergies EP Suriname B.V. will host a one-day Oil & Gas Awareness session aimed at strengthening the capacity of local businesses connected to the energy sector. The session will be held on February 10, from 8:30 a.m. to 4:00 p.m....

Providing engineering, machining services for O&G vessels could drive major skills gains for Guyanese — Local Content Secretariat

Engineering and machining services linked to petroleum service vessels could deliver significant skills transfer and investment opportunities for Guyanese if formally aligned with the Local Content Act. This is according to Director of the Local Content Secretariat, Michael Munroe. Earlier...

Early engineering decisions enabled local firms to join Uaru FPSO build – MODEC

MODEC’s approach to engineering and project planning for the Uaru floating production, storage and offloading (FPSO) vessel has created space for local fabrication work to be integrated into the project without affecting delivery timelines.  This is according to MODEC’s Uaru...

Guyanese nationals now make up more than 65% of crew on long-serving drillships

More than 65% of the crew aboard drillships Stena Carron and Stena DrillMAX are now Guyanese nationals, reflecting years of workforce development, according to Stena Drilling, as reported in the latest edition of the Energy Magazine. The company said approximately...

Oil should leave Suriname stronger after it’s gone – President Simons

PARAMARIBO, SURINAME – Addressing the Association of Economists in Suriname (VES) at a recent New Year’s event in Paramaribo, President Jennifer Geerlings-Simons called for disciplined economic management and long-term planning as future oil and gas revenues come into view. “Oil...

Trinidad targets local skills growth with Heritage graduate intake

Trinidad and Tobago is seeking to widen its local talent pool as Heritage Petroleum Company Limited opened applications for its 2026–2028 graduate training programme. The State-owned producer said the intake is aimed at developing nationals for roles across its onshore...

Major oil service companies join Suriname job portal as construction advances on first offshore development 

EnergyJobs.sr, Suriname’s first dedicated job portal for the energy sector, is seeing growing participation from major oil and gas companies as construction advances on the country’s first offshore oil development. Launched in November, the platform debuted with 437 identified roles...

Suriname Oil & Gas: What to Look Forward to in 2026

PARAMARIBO, SURINAME – Suriname’s oil and gas sector is set for a pivotal 2026 as it transitions from exploration promise toward project delivery and commercial decisions. With offshore developments advancing and several key milestones due this year, industry stakeholders,...

Latest News

Standardization debate sharpens as deepwater players weigh speed against innovation

Operators and contractors at the World Oil Deepwater Development Conference in Lisbon, Portugal, identified standardization as a key driver...