Tag: Local Content Act

Delinquent companies, individuals flouting local content will face penalties – Dr Jagdeo

Delinquent companies, individuals flouting local content will face penalties – Dr Jagdeo

- November 8, 2024

-reiterates gov’t firm stance Companies using loopholes to cheat the Local Content legislation will face severe penalties, according to the ... Read More

Local Content Act to be updated next year

Local Content Act to be updated next year

- November 2, 2024

-Several loopholes to be regulated – GS Jagdeo General Secretary of the People’s Progressive Party (PPP) Dr Bharrat Jagdeo emphasises ... Read More

Local Content Act: a clear framework for Exxon to provide opportunities

Local Content Act: a clear framework for Exxon to provide opportunities

- October 9, 2024

Guyana’s Local Content Act provides a guideline for oil and gas companies and open the doors to numerous opportunities for ... Read More

6,500 Guyanese now employed in oil and gas sector

6,500 Guyanese now employed in oil and gas sector

- September 9, 2024

The government’s local content efforts in Guyana's oil and gas sector are yielding results, with approximately 6,500 Guyanese employed by ... Read More

Local Content Summit returns with focus on economic expansion

Local Content Summit returns with focus on economic expansion

- April 16, 2024

The Local Content Summit returns for its second edition at the Pegasus Suites and Corporate Centre, Kingston Georgetown, with an ... Read More

Guyanese businesses earn nearly US$1B from oil sector in two years

Guyanese businesses earn nearly US$1B from oil sector in two years

- April 12, 2024

Guyanese sub-contractors and entrepreneurs have earned nearly US $1 billion from oil and gas companies since the passage of the ... Read More

Over 6000 Guyanese employed in the oil and gas industry – Min. Singh

Over 6000 Guyanese employed in the oil and gas industry – Min. Singh

- January 18, 2024

Senior Minister in the Office of the President with responsibility for Finance and Public Service, Dr Ashni Singh has disclosed ... Read More

Close to 6,000 locals employed in oil and gas sector

Close to 6,000 locals employed in oil and gas sector

- November 14, 2023

Guyanese continue to enjoy boundless employment opportunities within the oil and gas sector, as almost 6,000 locals are currently employed ... Read More

Review of Local Content Act to be completed soon – Jagdeo

Review of Local Content Act to be completed soon – Jagdeo

- November 10, 2023

The government will soon complete a comprehensive review process for the country’s local content act, to ensure that Guyanese have ... Read More

SBM Offshore committed to developing local content in Guyana

SBM Offshore committed to developing local content in Guyana

- February 18, 2023

In the midst of the large-scale development stemming from the oil and gas sector, the government has taken steps to ... Read More