Tag: Local Content Policy
Local Content Bill recommends $50M penalty for oil companies, sub-contractors’ breaches
Government’s Local Content Bill is proposing a GY$50 million penalty for oil companies and their sub-contractors who breach the Act. ... Read More
Local content in oil and gas sector is a top priority of the Government – Acting President
-Says structured policy will ensure Guyanese reap the greatest benefits Acting President, Brigadier (Ret’d), the Honourable Mark Phillips today said ... Read More
Local Content Policy must be set in national development framework – President Ali
-as stakeholder consultation on draft local content policy opens The Government’s Local Content Policy extends beyond the oil and gas ... Read More
President Ali to lead consultation on local content policy on Monday
His Excellency Dr. Mohamed Irfaan Ali will lead the consultation on Guyana’s local content policy for its petroleum sector on ... Read More
Press Release – Local businesses assured of optimum involvement in oil and gas sector- President Ali
-  companies urged to embrace innovation and creativity to compete efficiently His Excellency Dr. Mohamed Irfaan Ali has reaffirmed his Government’s ... Read More
Press Release – Final Local Content Report submitted to Natural Resources Minister
Understanding the critical nature of the review of policy initiatives on local content in the petroleum sector, the Local Content ... Read More
Payara licence a major improvement on Liza 1 licence
− changes to environmental and production clauses - Vice President Jagdeo Vice President, Dr. Bharrat Jagdeo The new licence issued ... Read More
President makes key appointments to advisory panel on Local Content
His Excellency, Dr. Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, today, announced key appointments to Guyana’s Local ... Read More
New PPP/C Gov’t to engage technical experts on Local Content legislatureÂ
 DPI, Guyana, Monday, August 17, 2020  The involvement of Guyanese in the Oil and Gas Sector is a top ... Read More
Guyana’s Local Content Policy completed
DPI, Guyana, Monday, February 10, 2020 Director of the Department of Energy Dr. Mark Bynoe has announced that Guyana’s Local ... Read More