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Tagged: guyanese businesses
- BusinessOil Companies Urged to Support Guyanese Businesses in Energy SectorThe Director of the Local Content Secretariat, Michael Munroe, urged major oil and gas operators to avoid creating artificial barriers and to invest in Guyanese companies to support the growth of local suppliers in the energy sector.3 min
- BusinessLocal Content Secretariat Considers Amending Act to Mandate Unbundling of Oil and Gas ContractsThe Local Content Secretariat is examining potential amendments to the 2021 Local Content Act to require oil and gas companies to unbundle contracts, aiming to improve opportunities for Guyanese businesses. Director Michael Munroe urged companies to adjust procurement packaging to allow local participation.3 min
- BusinessGuyana’s First-Half Local-Content Spending Reaches About US$466.2 MillionThe reported total was about US$114.2 million higher than the figure for the same period a year earlier. Separately, 20 areas are under consideration for addition to the existing 40-category local-content schedule; they have not been approved.1 min