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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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Stabroek Block co-venturers expand training to more technical institutes

OilNOW -
The Greater Guyana Initiative (GGI), in partnership with the Ministry of Education, Council for Technical and Vocational Education Training (C-TVET), and LearnCorp International, has launched Phase II of its technical and vocational training program across Guyana.  Building upon the success...
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Guyanese firms among bidders to audit Exxon’s 2021-2023 Stabroek Block expenses

OilNOW -
Guyana’s National Procurement and Tender Administration Board (NPTAB) recorded three bids for the provision of consulting services to verify Stabroek Block expenses. Specifically, the services include a cost recovery audit and validation of the Government of Guyana’s profit oil...
News

Halliburton launches STEM program to capture Guyanese talent

OilNOW -
Halliburton announced the initiation of the Development Excellence Engineer Program (DEEP) in Guyana for the year 2024. The program aims to engage students in their final semester, and recent graduates in science, technology, engineering, and mathematics (STEM) fields, offering...
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SBM Offshore Guyana in search of more trainee technicians 

OilNOW -
SBM Offshore Guyana is paving the way for aspiring technicians by launching its Trainee Technician Programme for 2024. The initiative aims to cultivate a new generation of skilled professionals adept in safety protocols and technical competencies crucial for maintenance...
News

Former T&T energy minister runs poll on local content law; none in place 116 years after ‘first oil’

OilNOW -
Trinidad and Tobago's (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine recently conducted a poll via LinkedIn to ascertain whether the twin-island Republic should legislate its local content requirements.  78% of the votes were in the affirmative.  The first...
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Guyana’s oil fund earned US$141 million in interest in 2024 

Guyana’s Natural Resource Fund (NRF) earned US$141 million (GY$29.5 billion) in interest income in 2024, according to the government....

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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