Local Content

Amendments to Local Content Act vital as Guyanese firms expand into oil sector – VEHSI Director

Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.  He made the comments on the Starting Point...

Smith pushing for more Guyanese firms to benefit from O&G as second term as Chamber President begins  

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the number of Guyanese companies participating in the country’s thriving oil and gas industry through a focused approach.  Responding to questions posed...

Baker Hughes seeks local partner for chemicals warehouse facility in Guyana

Baker Hughes is inviting companies to submit information for a chemicals storage and warehouse facility in Guyana as it expands operations to support growing oil and gas activity in the country. The public request for information (RFI) published on LinkedIn...

Guyana fabricators support Hammerhead FPSO with 100 ton steel output

A hundred metric tons of steel for ExxonMobil’s Hammerhead floating production, storage and offloading (FPSO) vessel has been fabricated in country, signaling another win for Guyana’s local content efforts.  The achievement, marked by a steel-cutting ceremony earlier today, was executed...

Guyana’s Technical Training College Inc. explained 

Guyana established the Guyana Technical Training College Inc. (GTTCI) to prepare Guyanese technicians for jobs in the country’s growing oil and gas industry. The training institution delivers specialized technical education aligned with offshore petroleum operations and supports the country’s...

IPED launches invoice financing product to support oil and gas suppliers in Guyana

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...

Letter-to-the-Editor: The Evolution of Local Content in Guyana

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 seeks partners to deliver local content education program in Suriname

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...

Suriname’s Local Content board moves to accelerate stakeholder coordination toward 2028 first oil

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...

SBM Offshore, Local Content Secretariat push transparency and digitization at ‘Let’s Talk Local Content’ forum

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...

Latest News

Guyana secures seat on international EITI board

Guyana will sit on the International Board of the Extractive Industries Transparency Initiative for the next three years, with...