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No one can dispute that the Local Content Act is a law that will bring in significant benefits for Guyanese businesses and Guyanese nationals.
The Ministry of Natural Resources (MNR) on May 15 approved this year’s Annual Local Content Plans for the five major oil companies operating in Guyana, including ExxonMobil, Halliburton, TechnipFMC, Saipem and Baker Hughes.
RAMPS Logistics, the freight forwarding, brokerage and supply chain management company embroiled in a legal battle with the Guyana Revenue Authority (GRA) since last year, has been cleared of all charges
Three Guyanese fabrication companies will be producing fixtures for the ‘ONE GUYANA’ Floating Production Storage and Offloading (FPSO) vessel, a statement issued by SBM Offshore.