Local Content

The Institute of Private Enterprise Development (IPED) has launched a new invoice financing loan product aimed at providing short-term working capital to businesses operating in Guyana’s oil and gas sector and other productive industries. The facility is designed to support...

Dear Editor, The story of local content in Guyana is, in many ways, the story of our economic coming of age. What began as a call to ensure Guyanese participation in a new oil and gas sector has evolved into...

TotalEnergies EP Suriname B.V. is seeking companies to help coordinate and execute a local content education program linked to its offshore petroleum activities in Suriname. The company issued a Request for Expression of Interest inviting entities to provide coordination and...

PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory bottlenecks affecting project execution. Earlier this week, the board met with industry and government stakeholders, including...

Transparency, access and supplier readiness were at the center of discussions on Thursday when industry and government officials addressed the ‘Let’s Talk Local Content’ forum.  The forum was held on day three (February 19) of the Guyana Energy Conference and...

Guyana’s Ministry of Natural Resources, through the Local Content Secretariat, has launched its online portal to speed up local content certification and reduce delays, as the government seeks to improve efficiency in the oil and gas supply chain. Michael Munroe,...

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, 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 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....

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...