spot_img

Local Content

News

GYSBI awards 11 technical scholarships out of 300 Guyanese applicants

OilNOW -
Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July. The students are Venola Allen from Warapoka Village, Region One, and...
News

Staatsolie could secure up to 20% stake in Suriname’s first oil development

OilNOW -
Staatsolie, the state-owned oil company of Suriname, could participate with up to 20% in the development of the inaugural field development within Block 58, the company announced.  The arrangement aligns with the model production sharing contract, wherein the Surinamese state...
News

Technical Training College project “will not significantly affect environment” – EPA

OilNOW -
The Environmental Protection Agency (EPA) has concluded that a study of the environmental and social impacts of the Guyana Technical Training College Incorporated (GTTCI) being constructed in Port Mourant, Corentyne, Berbice, is not necessary. The institution is set to...
News

Education Ministry receives bids for Port Mourant Hospitality Institute

OilNOW -
Construction is underway at the Port Mourant Technical Training College in Berbice, Region 6. This highly-anticipated project is meant to train Guyanese to take up roles in the oil and gas and hospitality sectors.  Guyana’s Finance Minister, Dr. Ashni Singh...
News

Local trainee technicians shine in SBM Offshore’s advanced petroleum operations program

OilNOW -
In a significant milestone for the local workforce, twenty-four talented Guyanese have successfully completed the first phase of SBM Offshore Guyana's Trainee Technician Programme in Advanced Skills Training in Petroleum Operations.  The participants are now one step closer to obtaining...
News

Guyanese contractors needed to help expand country’s largest shorebase operation

OilNOW -
Guyana Shorebase Inc. (GYSBI) is set to expand its capacity with the construction of a new operations center at its Houston/McDoom location along the East Bank Corridor. To bring this vision to life, the company is actively searching for...
News

Guyanese construction providers needed to build new petroleum training institute for Exxon

OilNOW -
Guyana's rapidly growing oil and gas sector will soon have a world-class technical training college. ExxonMobil has published a RFI (Request for Information) targeting construction service providers, to pave the way for the establishment of the Guyana Technical Training...
News

Jan De Nul’s Galileo Galilei departs as largest dredger to ever traverse Demerara River

OilNOW -
M.V Galileo Galilei, the largest dredger ever to sail the Demerara River, has now made its exit from Guyana. This marvel, owned and operated by the Jan De Nul Group, leaves behind a testament to its efficacy – a...
News

First half of 2023 sees over US$300M in local value capture for Guyana; jobs totaling 3,348 – Pertab

Shikema Dey -
Local Content in Guyana has been performing stellarly, according to new data released by the Local Content Secretariat (LCS).  Director, Dr. Martin Pertab announced on August 10 that as of June 30, 2023, Guyana has managed to retain US$313 million...
News

Lack of capacity should never be excuse against guaranteeing local participation in oil sector – Chamber Head as Local Content Conference begins

OilNOW -
Though local content is deemed meaningless without capacity, its absence should not be used as the basis to lock locals out of opportunities in a country’s oil sector. So said the Chairman of the Ghana Chamber of Commerce Guyana,...
1...8910...25Page 9 of 25

Latest News

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resources Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resources Fund...

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.

Quick Access

Company Info

Social Networks