Local Content

MODEC’s local affiliate, MODEC Guyana Inc., is moving to craft its local content compliance strategy in line with legal requirements. The company is setting up shop in Guyana, after being hired to build and deliver the Errea Wittu floating...

TOTALTEC Inc. has successfully transitioned to becoming a 100% Guyanese-owned company. CEO Lars Mangal recently announced this significant development, detailing the Guyanese founder’s acquisition of the entire share capital of TOTALTEC from its international, angel investors in May. This...

Guyanese Achieving Together Enterprises (GATE), a consortium of local catering and food service operators, has purchased a substantial equity stake in Newrest Guyana, the country's premier offshore caterer and food supplier to the oil and gas sector. This acquisition comes...

Over 1,000 eager Guyanese turned out to the Guyana Shore Base Inc. (GYSBI) Career Fair at the West Demerara Secondary School on July 9, with the company managing to hire several on the spot.  Vacant positions ranged from Excavator Operators,...

Fifteen teams in Guyana are set to compete in the 2023 Innovation Challenge organized by the Office of the Prime Minister's Industry and Innovation Unit. The challenge, launched on Tuesday by Minister of Public Affairs, Kwame McCoy, is being...

Ramps Logistics (Guyana) Guyana dropped its claim for damages in the case it had brought before Guyana to secure its Local Content Certificate, which was initially refused.  Ramps Director, Shaun Rampersad, informed the government in a letter that it dropped...

SBM Offshore Guyana’s recent Vendor Day activity saw a commitment of over 700 hours of training and US$37 million in contracts for local suppliers.  The company met with 70 representatives of local businesses at the event, which is an integral...

GO-NDE Inc., a joint venture partnership between Guyana Oil and Gas Support Services Inc. and Non Destructive Testers Guyana Inc., announced that it has successfully completed its International Rope Access Trade Association (IRATA) audit and has been granted probationary...

Guyanese companies in strict compliance with the country’s local content law are invited to submit expressions of interest (EOIs) for ground transportation services for Saipem Guyana, one of ExxonMobil’s leading Stabroek Block contractors.  Saipem in a public EOI request stated...

The Centre for Local Business Development has announced the shortlisting of 35 entrepreneurs for its highly anticipated ElevateAll Weekend Business Bootcamp. This selection marks the beginning of Phase One of the programme, aimed at empowering local business owners, operators,...