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Guyana likely to amend Local Content law this year

OilNOW -
Guyana is expected to amend its Local Content law later this year, with a view of increasing the areas in which companies are mandated to utilise Guyanese goods and services. Guyana’s Attorney General discussed this during a question-and-answer segment...
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Ali says 45 days still too long for oil companies to pay contractors

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Guyana President Dr. Mohamed Irfaan Ali believes that 45 days after receipt of a correct invoice is too long a wait period for oil companies to pay their contractors. The President discussed the matter at the Local Content Summit...
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Scale of Guyana’s growth requires more investment bankers – Ali

OilNOW -
The economic landscape of Guyana is shifting rapidly, driven by expanding sectors far beyond the notable oil and gas industry. President Dr. Mohamed Irfaan Ali has emphasized the need for a transformative approach in banking to keep pace with...
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Ali to headline Local Content Summit today  

OilNOW -
The Local Content Summit kicks off today with Guyana President, Dr. Irfaan Ali set to deliver the feature address at the event.  With a thematic focus on "Creating Value, Driving Economic Expansion," the Summit is designed to delve into critical...
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Saipem to utilize additional Guyana facility for submarine work on massive Whiptail project

OilNOW -
Italian multinational oilfield services company Saipem has received authorization from ExxonMobil Guyana Limited and its Stabroek Block coventurers to proceed with the execution of the giant Whiptail oilfield development project. Saipem said at the weekend that the authorization has been...
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Early look into next week’s Local Content Summit agenda

OilNOW -
The forthcoming Local Content Summit, slated for April 16, 2024, at the Pegasus Suites and Corporate Centre, is gearing up to be a watershed event in the discourse advancing Guyanese participation in the oil and gas sector. Under the...
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CNOOC’s Petroleum Engineering, Geoscience scholarships back for Guyanese students

OilNOW -
Guyana’s Ministry of Natural Resources and CNOOC Petroleum Guyana Limited are looking for the next cohort of students to take advantage of scholarship opportunities to study Geoscience and Petroleum Engineering in China.  According to a Ministry notice, the scholarships are...
Stories Beyond the Barrel

Crafting success: Guarantee International Crating Inc.’s journey in Guyana’s oil and gas sector

Shikema Dey -
Guarantee International Crating Inc. (GIC Inc.) emerged onto the scene of Guyana's oil and gas sector with a vision to provide reliable and compliant crating services tailored to the industry's stringent standards. Nickel Hazelwood, Operations Manager and one of...
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Guyana local content head visits KOTUG state-of-the-art tug

OilNOW -
KOTUG Guyana, a local subsidiary of KOTUG International, on March 20 welcomed Dr. Martin Pertab, Director of the Local Content Secretariat (LCS), and his team aboard the SD Power, a state-of-the-art Offshore Terminal tug, at the Guyana Shore Base...
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Local Content Summit returns in April to ‘Create Value, Drive Expansion’

OilNOW -
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,”...
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Steam turbines, oil tanks in Guyana for Gas-to-Energy project

US-based group Lindsayca-CH4 said two state-of-the-art steam turbines and two oil tanks arrived in Guyana on December 21, 2024.  The...

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