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Government halts Ramps’ local content application pending outcome of criminal charges

Head of the Local Content Secretariat, Martin Pertab, by way of an affidavit filed in court, revealed that the review of an application by Ramps Logistics Guyana for a Local Content Certificate has been halted. Pertab said this decision is...

Ramps CEO enters not guilty plea to company’s false declarations charges, out on GY$500,000 bail

Chief Executive Officer (CEO) of Ramps Logistics, Shaun Rampersad on Friday paid bail of GY$500,000 to the Supreme Court, and in so doing, avoided custody for charges of false declarations to the Guyana Revenue Authority (GRA) for its duty-free...

Ramps at risk of losing US$25 million Exxon contract, laying off 100 workers without Local Content Certificate – court documents

If Ramps Logistics Guyana Inc. is not granted a Local Content Certificate of Registration, it will likely lose significant contracts with major industry players like ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL). According to court filings which form part of...

Ramps Guyana subsidiary talks up achievements ahead of court hearing for Local Content Certificate

El Dorado Offshore (EDO), a subsidiary of Ramps Logistics Guyana Inc, proudly informed industry stakeholders in a press release that it has created more than 400 job opportunities for citizens. The affiliate company sees this as a noteworthy feat considering that it...

‘TT companies will move to Suriname if Ramps doesn’t get local content certificate’ – Trini business strategist

If Guyana fails to grant Ramps Logistics a Local Content Certificate to operate within its oil sector, Trinidad and Tobago companies will take their business elsewhere, to neighbouring Suriname. This was communicated by a T&T business strategist – Jaishima Leladharsingh –...

Ramps in new bid for local company status

Ramps Logistics Guyana has made its second attempt at gaining local company status from Guyana’s Local Content Secretariat (LCS) with a new application. The company said that the new application to the Local Content Registry submitted on July 14, included...

Ramps says will meet Local Content Secretariat’s reasonable demands

Ramps Logistics says it will accede to document requests made by the Local Content Secretariat, in its bid to be placed on Guyana’s Local Content Register. It said this in a statement after receiving a letter from the Secretariat’s Director,...

Gov’t warns Ramps it must submit documents that are not misleading

One day after it held a media conference demanding answers, Ramps was told by the Guyana Local Content Secretariat that the onus is on it, as an applicant, to submit documents that are not false or misleading. Ramps had applied...

Ramps may have made misleading submissions in breach of Local Content Act, could be fined GY$10M – source

Ramps Logistics may have made misleading submissions in its application to be on Guyana’s Local Content Register, among several breaches of Guyana’s Local Content Act, OilNOW understands. The company has opened itself to a fine of GY$10 million, because of...

Ramps had threatened Guyana customs regulator with lawsuit over $20M fine

After being fined GY$20 million for breaching customs law earlier this year, Ramps Logistics had threatened the Guyana Revenue Authority (GRA) with a lawsuit if it did not return the fine. The letter dated March 4, 2022, from its attorney-at-law,...

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Exxon ramping up capacity to produce nearly 2.2 million boe/d in Guyana by 2030

ExxonMobil Guyana is on track to ramp up its capacity to produce oil, condensate and gas at almost 2.2...