Guyana
Population (World Bank): 813,834 (2023)
Metal/Ore Exports (% of Total Merchandise Exports, World Bank): 1.1% (2023)
Petroleum Production (Million barrels per day, EIA): 0 Mb/d (2022)
Human Development Index (World Rank, UNDP): 95 (2022)
2021 Resource Governance Index Score (NRGI): 56/100
EITI Status: Fairly low (2022)
Policy documents that include local content relevant provisions:
Local Content Relevant News:
July 2025 - Over 160 jobs created as Japanese offshore giant opens Guyana office
July 2025 - Local content law will ensure more oil and gas jobs for Guyanese
June 2025 - GCCI President calls for fair business practices and faster payments from oil sector
May 2025 - Guyana, Afreximbank highlight opportunities under $1 billion oil financing facility
April 2025 - Residency, taxpayer could be new conditions for Local Content Certification; greater space for small businesses
April 2025 - City chamber raises flouting of local content laws with ministers
April 2025 - Eni celebrates 100th LNG cargo from Coral South FLNG
February 2025 - SBM Offshore Guyana hosts second local content forum
February 2025 - Government to expand procurement access for locals
January 2025 - Budget 2025 a blueprint for sustainable growth
December 2024 - ExxonMobil Guyana highlights that it has invested over two billion Guyanese dollars in local content
November 2024 - The Local Content Secretariat of Guyana is reviewing the procurement rules used by oil and gas companies
November 2024 - The Local Content Secretariat of Guyana reported that $314 million has been invested in local content within the oil and gas sector
October 2024 - Government clamping down on new ways of violating Local Content Act
June 2023 - SBM Offshore to spend US$37M with local vendors this year
May 2023 - Another 13 Local Content plans approved
May 2023 - Exxon says it spent more than $900 million locally in Guyana since 2015
April 2023- Bourbon forms Guyanese offshore vessel company
January 2023 - New Guyana upstream contract model expected next month
January 2023 - Local Content Secretariat gets $50M as government preps for review of Local Content Act
November 2022 - 354 Guyanese suppliers receive Local Content Certificates
August 2022 - Government working to guarantee maximum participation of locals in oil industry
June 2022 - Guyana could earn $136B through local content by year-end
January 2022 - Guyana approves landmark local content law for oil projects
Analysis and Case Studies:
Pereira (2023) - A review of the Guyana landmark local content law
Scott, Gaskin-Peters (2022) - The Importance of Early Investments in Local Content: Lessons Learned from Guyana's Enterprise Development Centre Five Years in
Relevant initiatives: