Ongoing consultations with NCERD, Ministry of Education, and the University of Guyana Following the inaugural stakeholders’ meeting held on Monday, 15th February 2021, at the Arthur Chung Convention Centre (ACCC), the Ministry of Natural Resources (MNR) is undertaking a series of strategic s…

The ceremonial steel being cut to commemorate the occasion ─ significant milestone for local companies (DPI) For the first time, a local company will be offering fabrication services for a Floating Production Storage and Offloading (FPSO) vessel. Industrial Fabrication Incorporated (InFab…

Draft Local Content Policy The Ministry of Natural Resources continues to make tremendous efforts towards transparency and accountability. In this regard, and in an effort to address and clear misconceptions that may circulate in the media, the Ministry wishes to address concerns relating to the …

Guyana Energy Conference (OilNow) The inaugural Guyana Energy Conference and Exhibition (GEC-X ’21) will be officially launched on Monday, February 22, at the Pegasus Hotel in the country’s capital, Georgetown. The conference is being organized by the Georgetown Chamber of Commerce and Industry (…

Minister Bharrat and Mr. Jairo Valverde at the virtual handing over Natural Resources Minister, Hon. Vickram Bharrat yesterday held follow up discussions with Mr. Jairo Valverde, Resident Representative, UNDP and virtually handed over Guyana’s Draft Local Content Policy and further dialogue for c…

Clinton Williams, Chairman of the Council for Technical and Vocational Education and Training (C-TVET) (Phto credit OilNow) (Oil Now) As the Council for Technical and Vocational Education and Training (C-TVET) continues the pursuit of improved skills training and development, ExxonMobil Guyana ha…

Guyana (OilNow) ExxonMobil, Hess and CNOOC Limited, co-venturers in offshore oil development in the Stabroek Block, on Tuesday announced the formation of the Greater Guyana Initiative, a 10-year commitment of more than GY$20 billion (US$100 million) to significantly expand capacity building effor…

Greater Guyana Initiative — funds to aid in sustainable economic development over the next 10 years President of ExxonMobil Guyana, Alistair Routledge (Guyana Chronicle) EXXONMOBIL, Hess and CNOOC Limited, co-venturers in offshore oil developments in the Stabroek Block, have announced the c…

Liza Destiny (OilNow) The Guyana Oil and Gas Energy Chamber (GOGEC) says it plans to play a major role in the development of the country’s oil and gas sector and will be ramping up activities this year to focus on local content development, capacity building and ensuring a framework exists that w…

From Left: Ms. Sasha Rajkumar-Budhan, Mr. Carl Greenidge, Mr. Shyam Nokta, Hon. Vickram Bharrat, Mr. Carville Duncan, Mr. Joslyn McKenzie Understanding the critical nature of the review of policy initiatives on local content in the petroleum sector, the Local Content Panel has submitted the final…

Dr. Mohamed Irfaan Ali - President of Guyana (DPI) His Excellency, Dr. Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, today, announced key appointments to Guyana’s Local Content Panel, which is expected to conduct expansive consultation and review and devise recommendations …

The first group of Guyanese operations and maintenance trainees (Photo: Guyana Chronicle) – to become offshore operations, maintenance technicians THE first group of Guyanese operations and maintenance trainees recently returned home after an extensive 18-month training programme in Canada org…

Welding (Oil Now) Draft local content legislation should be ready for Parliament by the end of the year in South America’s newest oil producing nation – Guyana – where the recently installed government has been advocating for more benefits for the country and its people from the vast offshore pet…