Local Content Updates

Developing local industrial capacities & infrastructures

Procurement and Bid Evaluation Guideline
The Procurement and Bid Evaluation Guideline is issued in accordance with section 13(4) of the Local Content Act and is intended to: (a)   Provide clarity to Contractors, Sub-contractors and Licensees on the Act as it relates to procurement requirements; (b)  Ensure fa…
Local Content Annual Plan Submission Guideline
The Local Content Annual Plan Guidelines: (a) Provide guidance to Contractors, Sub-Contractors or Licensees on their obligation, under the Act to submit the Annual Plan to the Minister for approval;(b) Outline the relevant information to be included in the Annual Plan to be submitted to the Minis…
Local Content Performance Report
Purpose and Objectives of Guidelines The Local Content Performance Report Submission Guideline: Provides guidance to Contractors, Sub-Contractors, or Licensees on their obligation, under the Act to submit the Local Content Performance Report to the Secretariat for review and assessment; Ou…
Local Content Master Plan Submission Guideline
Purpose and Objectives of Guidelines The Local Content Master Plan Guideline: Provides guidance to Contractors, Sub-Contractors, or Licensees on their obligation, under the Act to submit a Master Plan to the Minister for approval; Outlines the relevant information to be included in the Mas…
Guidance on the Application for Sole Source Approval
Contractors, Sub-Contractors or Licensees operating within Guyana’s petroleum sector are required to seek approval from the Minister responsible for petroleum, for proposed contracts or purchase orders to be sole-sourced that relates to petroleum operations. This guidance outlines the format for sub…
Application for Sole Source Approval Form
Contractors, Sub-Contractors or Licensees operating within Guyana's petroleum sector seeking to sole source goods and/or services for petroleum operations, must submit a completed and signed FORM A-1: Application for Approval of a Proposed Contract or Purchase Order (Sole Sourced). FORM A-1 must be …
List of Master Services Agreements – Form B
Instructions: Contractors, Sub-Contractors and Licensees are required to: Fill FORM B to provide a summary of the Master Services Agreements (MSAs) being submitted to the Local Content Secretariat for review pursuant to section 14 of the Local Content Act No. 18 of 2021 and in keeping with th…
Master Services Agreement Submission Guideline
Purpose and Objectives of GuidelinesThe Master Services Agreement Submission Guidelines:(a) Provides guidance to Contractors, Sub-Contractors or Licensees on their obligation, under the Act to submit MSAs to the Secretariat for its review.(b) Promotes effective and efficient processes for the standa…
Sub-Contractor Guidance Notice
This notice is issued with respect to the definition of a “Sub-Contractor” operating within the petroleum sector of Guyana. It serves to remove ambiguity and provides clarity with regards to the criteria for defining a Sub-Contractor, for which, obligations are stipulated within the Act.…
Guyana oil minister calls on investors to work with locals
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 Faci…
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 organisers of the Guyana International Petroleum Business Summit and Exhibition (GIPEX) intend on f…
Locals must actively pursue opportunities in oil sector
(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. …
Local Content must be measured by value of contracts– Dr. Jagdeo
Vice President Dr. Bharrat Jagdeo (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 guest appearance on a Facebook live interview with the ‘Guyanese Critic…
Strategic Stakeholders Engagement on the draft Local Content Policy
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 to commitments made by His Excellency Dr. Mohammed Irfaan Ali for Guyanese to play a greater role in the …
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