This year could be pivotal for local content development in Guyana as the Local Content Secretariat (LCS) intensifies its efforts to ensure the energy boom translates into long-term benefits for Guyanese workers, suppliers, and communities.
According to the Director of the LCS, Dr. Martin Pertab, one of the top priorities is improving the capacity of local suppliers to meet the standards and requirements of major oil and gas operators.
In 2024, the LCS conducted several national outreaches, engaging directly with businesses, workers, and community stakeholders. Targeting stakeholders in Regions 3, 4, and 6, where most suppliers operate, the LCS sensitized businesses on local content development and how to tap opportunities in the sector.
President of the Women’s Chamber of Commerce and Industry Guyana, Josephine Tapp, said the Chamber advocates more structured guidelines for including more women in the oil and gas supply chain.
Beyond traditional oil and gas services, the LCS is turning its attention to untapped opportunities in the maritime industry. Expanded offshore activity has increased the need for vessels and crews. Therefore, the Secretariat will work closely with vessel owners to ensure they hire Guyanese to crew their ships. This is part of a broader strategy to localize maritime operations and create meaningful employment pathways for Guyanese. According to Dr. Pertab, employment opportunities in this sector are expected to double in 2025, making it one of the fastest-growing areas for job creation.
Additionally, the Secretariat aims to improve value-added production in welding and fabrication, expanding from small-scale production to large-scale manufacturing and expanding revenue flow for local fabricators. The LCS believes 2025 will mark a significant step forward in maximizing local benefits from the energy wealth
