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Tag Archives: petroleum sector

Local content law requires oil sector to competitively bid for goods, services; gives priority to Guyanese

Guyana’s Local Content Bill, if passed in its current form, will require oil sector companies to competitively bid for the supply of goods and services, even as it specifies quota for Guyanese companies and Guyanese individuals. “A Contractor, Sub-Contractor or Licensee shall award a contract on the basis of a competitive bidding procurement procedure that has been initiated by a ...

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OPINION: I call upon President Granger to change course, to lead from the front

by GHK Lall I refer to the caption, “Mottley says, ‘it is clear that there are forces that do not want to see the votes recounted’” (SN March 18). I think all right-thinking Guyana should applaud the Honorable Mia Mottley for stepping forward to share her thoughts and speak her mind. That her message comes across clearly and unambiguously, despite ...

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GuyTIE 2020 participants benefit from capacity building workshops

Over 50 businesses participating in the upcoming Guyana Trade and Investment Exhibition (GuyTIE) 2020 scheduled for May, 2020, benefitted from capacity-building sessions in the key areas of trade facilitation and corporate social responsibility (CSR) over the course of three days. CSR is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. CSR ...

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Local content policymakers resisting political pressure

Head of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe Wednesday night said the architects of Guyana’s local content policy would not be swayed by politicians who seek to galvanise support from among ordinary people at election time. Bynoe indicated that local content policymakers were under constant political pressure to generate jobs and other opportunities in a ...

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