Tag: Oil and Gas

Gov’t agrees to 10 of 14 Opposition amendments in Local Content Bill

Gov’t agrees to 10 of 14 Opposition amendments in Local Content Bill

- December 29, 2021

Minister of Natural Resources, Vickram Bharrat, M.P., announced this morning that the government has agreed to 10 out of the ... Read More

Opposition’s amendment to Local Content Bill would have created second class citizens – Minister Walrond

Opposition’s amendment to Local Content Bill would have created second class citizens – Minister Walrond

- December 29, 2021

Minister of Tourism, Industry and Commerce, Oneidge Walrond, M.P., pointed out that an amendment of the Local Content Bill, which ... Read More

Local businesses can earn as much as US$500M annually with passing of Local Content Bill – VP Dr. Jagdeo

Local businesses can earn as much as US$500M annually with passing of Local Content Bill – VP Dr. Jagdeo

- December 24, 2021

The passage of the Local Content Bill could see Guyanese businesses earning as much as US$500M annually, according to Vice ... Read More

Oil companies must summit master plan to Gov’t according to Local Content Bill

Oil companies must summit master plan to Gov’t according to Local Content Bill

- December 23, 2021

Every oil company and its sub-contractor must provide to the government, a Local Content Master Plan that lays out these ... Read More

‘2021 has been a very safe year for ExxonMobil Guyana operation’s – Subsidiary’s head

‘2021 has been a very safe year for ExxonMobil Guyana operation’s – Subsidiary’s head

- December 23, 2021

credits other successes to collaboration among key stakeholders President of ExxonMobil Guyana, Alistair Routledge said the company has had a ... Read More

Gov’t working on ensuring prosperity for Guyana

Gov’t working on ensuring prosperity for Guyana

- December 23, 2021

- as country celebrates two years as an oil producer December 20, 2019, marked a new, historic era for Guyana ... Read More

Local Content Bill prevents foreigners from disguising as locals

Local Content Bill prevents foreigners from disguising as locals

- December 20, 2021

Protecting jobs, ensuring training and the transfer of knowledge, are tenets and priorities of the government’s Local Content Bill. To ... Read More

‘Local Content Bill fundamental to nationhood’ – AG Nandlall

‘Local Content Bill fundamental to nationhood’ – AG Nandlall

- December 20, 2021

Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall S.C, has expressed that the government’s Local Content Bill is ... Read More

Everything in sovereign wealth fund will have parliamentary oversight – President Ali

Everything in sovereign wealth fund will have parliamentary oversight – President Ali

- December 19, 2021

In response to criticisms of Guyana’s newly tabled Sovereign Wealth Fund (SWF) legislation, His Excellency, Dr. Mohamed Irfaan Ali said ... Read More

Gov’t proposes establishment of Local Content Register in historic Bill

Gov’t proposes establishment of Local Content Register in historic Bill

- December 18, 2021

As part of the Local Content Bill, the government is proposing the establishment of a Local Content Register said to ... Read More