News

After months of public appeals to Guyana’s Local Content Secretariat, impassioned testimonials from its Guyanese staff, and a court battle, Ramps Logistics Guyana is now elated by its recent win – a Local Content Certificate. So related its Chief...

What will it take for Trinidad and Tobago to fix its economy? It is the question Economist and Senior Lecturer at the University of the West Indies, Dr. Roger Hosein continuously ponders when reflecting on the state of affairs...

The Guyana government said, shortly after issuing a Local Content Certificate to Ramps Logistics Guyana, that it is considering appealing the High Court ruling which compelled it to do so. A statement from the Ministry of Natural Resources said strong...

Ramps Logistics Guyana has received its Local Content Certificate and is now displayed on the official register of Guyanese companies, on the website of the Local Content Secretariat. The certificate was issued for a one-year period, as stipulated by the...

When it comes to the management of the oil and gas sector and capacity building for economic growth, the United States is actively supporting Guyana on multiple fronts. This was highlighted by US Ambassador to Guyana, Sarah-Ann Lynch, during a...

Dutch floater specialist, SBM Offshore, says it is progressing well with the construction of three major floating production, storage and offloading (FPSO) vessels for Brazil. Despite the lingering economic impacts of COVID-19 which is still impacting the pace of work, SBM Offshore said FPSO Sepetiba’s integration and commissioning activities...

Noble Corporation Plc, which has four rigs operating offshore Guyana, reported US$33.59 million in earnings for the third quarter of 2022. This represented a significant improvement over the previous year where a net loss of US$23.67 million was recorded. The...

Guyana’s Vice President, Dr. Bharrat Jagdeo, is currently in the United Arab Emirates (UAE)—the third biggest oil producer in the Organisation of Petroleum Exporting Countries (OPEC) after Saudi Arabia and Iraq—where he is engaging senior government officials and investors. OilNOW...

The Guyana Shore Base Inc. (GYSBI) on Friday provided the Board of Industrial Training (BIT) with a financial contribution that will go towards the expansion and delivery of Technical and Vocational Education and Training (TVET). The cheque was received by the Minister of...

As it continues participation at COP27 in Sharm el Sheikh, Egypt, Guyana’s representatives are seizing every opportunity to spotlight the importance of a just energy transition and creating effective food security systems. Specifically, Minister of Natural Resources, Vickram Bharrat, who represented...