Local Content

Developing local industrial capacities & infrastructures

Guyana’s Minister of Natural Resources, Vickram Bharrat (centre) in conversation with ExxonMobil Guyana President, Alistair Routledge (L), Minister of Home Affairs, Robeson Benn (R) and University of Guyana Vice Chancellor Prof. Paloma Mohamed, at the opening of the Saipem Offshore Construction Facility on June 5, 2021, in Georgetown. (Photo Courtesy OilNow)
  • 06-Jun-2021
Guyana oil minister calls on investors to work wit…

(OIlNow) To ensure all stakeholders benefit from Guyana’s lucrative oil and gas sector, Minister of Natural Resources, Vickram Bharrat urged current and prospective investors to work with locals…

President Dr. Mohamed Irfaan Ali at the Saipem facility launch in Georgetown
  • 06-Jun-2021
President threatens to change local content policy…

President Irfaan Ali on Saturday threatened to change  the local content policy if foreign companies continue coming to Guyana to offer services such as logistics, transportation similar…

  • 13-May-2021
Annual petroleum business summit goes virtual

–to focus on advancement of local content, participation of indigenous companies (Guyana Chronicle) EVEN though the flurry of physical activities and extravagance will be absent this year, the…

His Excellency Dr Irfaan Ali
  • 29-Apr-2021
Government will fully support locals to become com…

– Recommits to increasing capacity through training, certification His Excellency Dr Irfaan Ali, yesterday, reiterated that the Government will continue to invest in citizens and local…

(L-R) SES Inc. Chairman/Partner, Komal Singh; Senior Minister in the Office of the President with responsibility for Finance, Hon. Dr. Ashni Singh; GYSBI Partner, Robin Muneshwer; GYSBI General Manager, Sean Hill; Corena Partner, Paul Roach and Gaico Business Development Director, Khishan Singh.
  • 28-Apr-2021
Locals must actively pursue opportunities in oil s…

-says Dr. Singh Senior Minister in the Office of the President with responsibility for Finance, Hon. Dr. Ashni Singh says local business people and companies must actively seek opportunities…

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  • 26-Apr-2021
Graduate Engineers eager to begin overseas trainin…

(OilNow) Dutch floater specialist SBM Offshore is forging ahead with expanding its local workforce in Guyana where it is currently operating one oil production vessel with two more under…

Vice President Dr. Bharrat Jagdeo
  • 17-Apr-2021
Local Content must be measured by value of contrac…

(DPI) Vice President, Hon. Dr. Bharrat Jagdeo says local content must be measured by the value of the contracts given to Guyanese firms by oil companies, rather than the amount. During his…

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  • 30-Mar-2021
Strategic Stakeholders Engagement on the draft Loc…

The Ministry of Natural Resources (MNR) has concluded a series of strategic engagements with various stakeholders on the revised draft Local Content Policy (LCP). This policy initiative responds…