Trinidad and Tobago can strengthen its local talent base by studying how Guyana has implemented its local content framework, according to Ramps Logistics Chief Executive Officer, Shaun Rampersad.
Rampersad made the comments during a recent interview with the Business Guardian, as discussions continue about how the twin island republic can retain more value from its energy sector with regional competition increasing.
“I think one of the things that Guyana has done very well is their local content development,” Rampersad said. “I feel that there’s a big area of opportunity for us to ensure that we develop skills and opportunities in the country.”
His remarks come as more local service providers look beyond Trinidad’s borders, particularly to Guyana and Suriname, where major offshore oil and gas developments are underway. Guyana already has four developments in operation. Suriname’s first offshore development is in the construction stage.
Rampersad noted that operating in Guyana has not been without friction, pointing to issues related to the local content law and invoice declarations. However, he stressed that these challenges should be viewed within a broader learning context.
“My advice to anybody who’s going to do business in those countries is to go with an open mind and a sense of humility,” he said. “It’s not your country. There are things that are going to be done differently.”
He said Guyana’s approach shows how deliberate policy can help build domestic capacity and encourage skills retention, something Trinidad and Tobago must prioritize as it seeks to future-proof its energy workforce.
“I think one of the things that Guyana has done very well is their local content development,” Rampersad added.
Rampersad said adopting similar principles could help ensure more Trinidadians find long-term opportunities at home, rather than seeking them abroad, while also strengthening the competitiveness of local service companies in the regional energy market.
Guyana’s Local Content Act was passed in Parliament in December 2021. It has facilitated the employment of Guyanese nationals in the industry, with 40 specified areas in the service sector mandating local procurement by oil and gas companies and their subcontractors. To further strengthen local content policies, a series of amendments to the legislation has been planned.
