Guyana well positioned to tackle local content in some unique ways – WoodMac analyst
Guyana’s efforts to date in promoting local content development in its oil and gas sector earned commendation from industry experts at the Guyana Energy Conference and Supply Chain Expo. Mark Oberstoetter, Head of Upstream Americas (non-L48) Research at Wood Mackenzie lauded the government for effectively capitalizing on the resources and opportunities stemming from the sector. […]
Increasing use of local content in global O&G supply chain anticipated for 2024 – Rystad official
Audun Martinsen, Head of Supply Chain Research at Rystad Energy, predicts heightened reliance on local content requirements within the oil and gas sector amidst mounting supply chain concerns for 2024. Martinsen highlighted the increasing focus on re-shoring services and the surge in local content demands amid the sector’s significant investment cycle. The surge in local […]
Local Content App being developed to bring “Guyanese closer to oil and gas contractors, licencees”
Guyana’s Local Content Secretariat (LCS) is looking to develop an app to connect Guyanese contractors and licencees, said Director Dr. Martin Pertab on August 10. Pertab, speaking at the Ghana-Guyana Local Content Conference explained that accessing information on opportunities in the sector remains a central and recurring issue. This has led to many Guyanese contractors […]
Local content development fund in the works to help emerging businesses in oil and gas sector – Pres. Ali
President of Guyana, Dr. Mohamed Irfaan Ali, announced Monday, October 30, that a local content development fund will be established as a means of helping businesses to find start-up capital to compete in industries, such as the oil and gas sector. The Head-of-State made this disclosure during his keynote address at the second AfriCaribbean Trade […]