President threatens to change local content policy to guarantee Guyanese opportunities

President Dr. Mohamed Irfaan Ali at the Saipem facility launch in Georgetown 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 services as those would be reserved for Guyanese. “It will not go down well. Don’t second […]

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’ on Thursday, the Vice President said he […]

InFab to provide fabrication services for Prosperity FPSO

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), will be providing the services for the vessel, which is being constructed to produce […]

Inaugural Guyana Energy Conference set for Monday launch

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 (GCCI) with full support from the Guyana government and ExxonMobil. “We’re looking […]

Local content legislation for Guyana Parliament by year-end

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 petroleum resources.         “We are moving swiftly. […]

Local content legislation for Guyana Parliament by year-end

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 petroleum resources.         “We are moving swiftly. […]

Govt putting Guyanese first with new oil and gas legislations

Vice President of the Cooperative Republic of Guyana, Hon Dr. Bharrat Jagdeo (DPI) The People’s Progressive Party Civic (PPP/C) Government will be moving ahead with legislations in the 12th Parliament that will see Guyanese benefitting holistically from the oil and gas sector. Honoring a promise outlined in its manifesto and a subject championed on the […]

Govt putting Guyanese first with new oil and gas legislations

Vice President of the Cooperative Republic of Guyana, Hon Dr. Bharrat Jagdeo (DPI) The People’s Progressive Party Civic (PPP/C) Government will be moving ahead with legislations in the 12th Parliament that will see Guyanese benefitting holistically from the oil and gas sector. Honoring a promise outlined in its manifesto and a subject championed on the […]